Key Market Indicators
The revenue for Bulgarian travel agencies is projected to climb to approximately €106 million by 2028, up from around €90 million in 2023. This represents an average annual growth rate of 2.5%. Since 2013, the Bulgarian travel market has consistently expanded, recording an average yearly growth of 2.9%. In the latest rankings for 2023, Bulgaria secured the 26th position. Cyprus surpassed Bulgaria with a revenue of €90 million. In the broader European context, Spain, Germany, and Italy dominated the rankings, claiming the second, third, and fourth spots respectively.
