Hotel Operators’ Revenue in July Reaches Total 98 Mln Euro

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.

Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.