Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian hotels report 80% decline in their turnovers

Borislav Hadjiev- BHRA

Hotels have reported 80% decline in their turnovers in 2020, Borislav Hadjiev from the Bulgarian Hotel and Restaurant Association said for BTV. In his words, so far the hotel business has not felt real help from the state. The industry has benefited from the "60:40" wage support scheme, but, according to Hadjiev, it is aimed at helping people keep their jobs, not at supporting business. 

"At some point, it may turn out that the business does not exist anymore and this measure will no longer be useful," Hadjiev commented. He explained that the hotels are not formally closed now, but their business has ceased because between 30% and 50% of their income comes from additional services – catering services, conferences, etc., which are currently unavailable.




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

Temperatures go down on Sunday, rain and snow in the forecast

Over the next 24 hours the weather in the country will be dynamic. After temporarily dispersing, after midnight the clouds will increase and the precipitation will pick up from the Northwest. During the day on Sunday the rain will continue, and..

published on 4/5/25 6:10 PM

Former athlete detained with 30 kgs. of cocaine worth over 5 million Leva

The Sofia district court has left 45-year old Bulgarian former athlete Petar Dachev in custody. Dachev was detained on 2 April in the region of Petrohan pass for possession of 30 kgs. of cocaine, public service TV BNT reports. The cocaine, hidden..

published on 4/5/25 5:39 PM
Daniel Mitov

Interior minister orders nationwide inspection of dangerous road sections

Against the background of protests in different towns across the country against the “war on the roads”, the poor condition of roads, corruption in public procurement and flawed road repairs, Minister of Interior Daniel Mitov has ordered a..

published on 4/5/25 2:28 PM