Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Summer season cannot be saved by only Bulgarian tourists

Photo: Radio Varna

Domestic tourism and the domestic market are a very tiny part of the overall Bulgarian tourism and there is no way for Bulgarian tourists to save the season. This was said in an interview with BNR by Prof. Stoyan Marinov from the University of Economics in Varna. According to him, last summer, the treasury of domestic tourism received 3 billion euros from foreigners, and Bulgarians vacationing abroad have spent only 500,000 euros. If they remain in Bulgaria for their vacation this season, the losses will still not be compensated. 

Much of our summer tourism takes place in seaside resorts, with 80 percent of tourists being foreign. If the borders are not opened and the quarantine restrictions are not lifted, we cannot talk about a tourist season, Prof. Marinov pointed out.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Ivelin Mihaylov

Velichie founder Ivelin Mihaylov says he was threatened by party’s parliamentary group chair Nikolay Markov

“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..

published on 7/2/24 10:08 AM

IMF urges Bulgaria to raise social security contributions and pensions

In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..

published on 7/2/24 9:21 AM
Dimitrina Goranova

Tourist industry wants lower VAT to remain in place

Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..

published on 7/2/24 8:48 AM