Hotel Revenues in Bulgaria Rise 10%, but Operating Costs Also Climb

Hotel revenue in Bulgaria has grown by approximately 10%, though costs for the sector have also climbed, rising between 10% and 20%. This was stated by Georgi Duchev, Executive Director of the Bulgarian Association of Professionals in Hotel Management, in an interview with BNR.

According to an analysis by the association covering the first six months of the year, average hotel bed occupancy has ranged from 30% to 50%....