Two Storey House Near Burgas - ID 647

The Best And The Worst Markets In Europe 04/04/2008
Although some European markets are marking growth, latest data on residential prices indicate that things in Europe, like in the United States, are slowing down, according to a survey published by Forbes magazine on April 1. Ireland is the worst performer in the magazine’s chart for European best and worst property markets. Its market was hit first and hurt most by the global economic meltdown. Prices of Irish real estate fell by seven per cent in 2007, folowing a 12 per cent rise in 2006, according to the Royal Institute of Chartered Surveyors (RICS), a nonprofit property consultancy based in Britain. That's a serious downturn for an economy that has recently been seen as the whiz kid of the eurozone, Forbes said. Spain is also suffering. Only a year ago, housing market there was... more

Bulgarian Tourism Industry: No Avoiding The Tough Reality-check 10/07/2008
Sofia.  Decline in bookings on key markets, understaffing, poor value for money. These are some of the factors that will make life difficult for may local hotel owners and even whole resorts this summer, the English online edition of the Dnevnik Daily reported. The industry is bracing for flat tourist arrival figures in 2008 after half a decade of double-digit growth. It will be a mixed bag, said Valentin Yosifov, the local TUI representative. 'The season will be good for those that got right their pricing and marketing strategy while those that didn't will suffer.' This view was shared by several hotel owners. Elena Ivanova, chairperson of the association of property owners in the Sunny Beach resort, said the hotels in the center of the resort were fully booked. Vladimir Demirev,... more