Less Revenue Despite Increased Tourism In Bulgaria
The volume of tourists traveling to Bulgaria this year is expected to increase from 2006 figures, but revenue is expected to diminish.
The decrease in revenue may cause a crisis in the tourism sector, said chairman of the National Tourism Board (NTB), Georgi Gergov. According to him, the decrease can be attributed to chaos in the tourism sector, a lack of control and uneven allocation of funds, according to Pari Daily.
The bulk of investments are made in coastal resorts, where supply exceeds demand, causing a reduction in prices and revenue. The average price per room at the seaside has dropped from 26.4 euro in 2001 to 11.6 euro in 2006 and 10.8 euro in 2007.