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The tourist revenue up 27.2% YoY in May’18; the overnight stays up 20%

The overnight stays in Bulgarian hotels reached 1.6m in May’18, up by 20% compared to May’17. The revenue from overnight stays rose sharply by 27.2% YoY, reaching BGN 78.3m, as the proceeds from foreign and Bulgarian tourists advanced by 37.6% and 7.0 % YoY, respectively. The total number of tourists was up by 15.6% YoY to 582k. The average occupancy rate of the hotels increased by 2.5 p.p. YoY to 23.6%, where for the 4- and 5-star hotels it stood at 31.0% and for the 3-star hotels at 18.5%.

Source: NSI; FFBH

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