Bulgaria's revenue from tourist overnights falls 47.4% y/y in Aug

Bulgaria's revenue from tourist overnights falls 47.4% y/y in Aug

The revenue from tourist overnights spent in Bulgaria dropped by 47.4% year-on-year in August, to 198.7 million levs ($119.9 million/101.6 million euro), as the coronavirus crisis took its toll on the hospitality business, the statistical office said on Monday.

Revenues from overnights spent by foreign nationals shrank by 65.2% on the year in August, while revenues from overnights by Bulgarian tourists increased by 21.2%, the National Statistical Institute (NSI) said in a statement.

The total number of tourist overnights spent in Bulgaria in August decreased by 44.7% year-on-year, to 3.5 million.

The largest drop in the number of overnights, by 52.9%, was registered by three-star accommodation facilities which served 26.6% of the overnights spent by Bulgarian tourists and 18.0% of the overnights of international visitors.

A total of 947,400 tourists stayed in accommodation facilities in Bulgaria in August, down by an annual 35.5%.

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