Hotel Operators’ Revenue in July Reaches Total 98 Mln Euro
Total revenue from overnights spent in Bulgarian hotels and other accommodation venues reached 192 million levs ($125.4 million/98.2 million euro) in July, data from the country’s statistics office showed.
Compared with the previous month, total revenue surged by 66.2% in July, the National Statistical Institute (NSI) said on Monday.
The bulk of the income, a total of 159.3 million levs, was generated from nights spent by foreign visitors, which went up by 72% on the month. The nights spent by Bulgarian residents summed up to 32.8 million levs, 42.7% higher on a monthly basis.
In July, there were a total of 2,517 accommodation venues in Bulgaria, including hotels, motels, camping sites and other establishments. They jointly provided 271,900 bed-places, up by 12.3% from a month earlier.
The average occupancy rate of all hotels in Bulgaria went up by a monthly 13.6 percentage points to 59.7%. Four- and five-star hotels topped the rates with an average 68%, three-star hotels came second with 63.4%, while the occupancy rates of one- and two-star hotels stood at 40.5% in July.