Revenue in tourism from accommodation in July plummeted by 64.6% compared to July 2019, National Statistical Institute data show.
The decline is steepest with revenue coming from foreign tourists - 77.1%, with Bulgarian tourists the drop is by 11.6%. The overall bed occupancy rate in July 2020 is 30.1%, or a drop by 29.9% compared to a year earlier.
2,768 accommodation facilities with more than 10 beds were open for business in July. 427, 000 Bulgarian citizens spent at average of 3.1 nights at hotel facilities in July. 186,200 foreign tourists spent an average of 5.1 nights mostly at 4 and 5 star hotels, the BNR reports.
The Ministry of Finance published the 2025 draft budget and the medium-term budget forecast for the 2025-2028 period. The projected deficit for 2025 is up to 6.4 billion BGN (EUR 3.3 billion), which is 3% of GDP. Expenditures will not exceed 40% of..
A commemorative ceremony today in the center of Sofia will mark the 152nd anniversary of the death of Bulgarian national hero Vasil Levski. The solemn ceremony in front of the Monument to the Apostle of Freedom will begin at 6:00 p.m. Citizens will..
On Wednesday, the lowest temperatures will range between minus 8°C and minus 3°C, for Sofia around minus 7°C . During the day, snow showers in the northeastern regions will begin to stop, but in southeastern Bulgaria it will still snow in many places...
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
On Wednesday, the lowest temperatures will range between minus 8°C and minus 3°C, for Sofia around minus 7°C . During the day, snow showers in the..
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