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.

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