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Bulgarian hotels attract more foreigners in Q4 2010

Tuesday, Feb 22, 2011

The last quarter of 2010 saw a decrease in overnight stays by Bulgarians in local hotels and a considerable rise in foreigners' overnights, according to National Statistical Institute (NSI) data.

The average hotel occupancy rate, however, remained low, at 14.3 per cent, despite the slight increase of 0.7 per cent compared with the year-earlier period.

Overnight stays by Bulgarian guests edged down 0.2 per cent, while the number of foreign holidaymakers' overnights grew 21.7 per cent.

Overnights by Russians marked the highest annual jump, 136 per cent, followed by overnight stays by Americans with a 119 per cent increase. Local hotels also registered a significant rise in the number of guests from Macedonia, Turkey and Greece.

Bulgarian hotels and other places of accommodation recorded 1.6 million overnights for October to December, up by 7.1 per cent on the year, outpacing revenue growth, which climbed 4.2 per cent to 76.3 million leva.

Source: sofiaecho.com