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.
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
The Bulgarian government and the German defence group Rheinmetall have signed an agreement in Sofia to build a gunpowder and 155 mm artillery shell factory at the state-owned Vazov Machine Building Works (VMZ) in Sopot. The deal was signed by..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
On Tuesday , the lowest temperatures will be between 3 and 8°C; in Sofia – about 4°C. During the day before noon cloudiness will be..
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