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Bulgaria Tourism Report 2016

  • November 2015
  • -
  • Business Monitor International
  • -
  • 28 pages

Includes 3 FREE quarterly updates

BMI View: Bulgaria is a well-established year-round tourism destination, with winter skiing and summerbeach holidays popular among European holidaymakers. The short-break segment is also growing, both inthe capital Sofia and in second cities such as Varna and Veliko Tarnovo. While the hotel sector is relativelywell developed, significant opportunities for new entrants remain, particularly in the high-end and luxurytravel sector. Investment in the country's transport infrastructure is needed in order to facilitate greaterinternational arrivals and domestic travel outside of the capital. Overall, Bulgaria is well placed to keep upwith the expected increases in tourism arrivals, with international visitor numbers expected to increasesteadily over the forecast period, providing a boost to tourism-related expenditure and hotel industry value.

Key Updates And Forecasts

-Overall, we expect international tourist arrivals to increase by around 4% annually over the forecastperiod, rising from 9.8mn in 2015 to 11.8mn in 2019 with a concurrent increase in tourism-relatedspending.

Table Of Contents

Bulgaria Tourism Report 2016
BMI Industry View 5
Table: Key Forecasts (Bulgaria 2012-2019) 5
SWOT 7
Industry Forecast 9
Table: Inbound Tourism (Bulgaria 2012-2019) 13
Table: Tourism Receipts (Bulgaria 2012-2019) 14
Table: Hotel Accommodation (Bulgaria 2012-2019) 16
Table: Tourist Departures And Consumption (Bulgaria 2012-2019) 17
Industry Risk/Reward Index 18
Table: Central And Eastern Europe - Tourism Risk/Reward Index 18
Rewards 19
Risks 19
Market Overview 20
Competitive Landscape 23
Domestic Hotel Groups 23
Table: Domestic Hotel Groups 23
International Hotel Groups 24
Table: International Hotel Groups 24
Methodology 25
Industry Forecast Methodology 25
Risk/Reward Index Methodology 26
Table: Weighting Of Indicators 28

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