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No Interest in Investing in Hotels
Cherno More, Varna, vol.109, 18.05.10, excerpts
At present all hotels are for sale if there is interest on the part of investors, commented experts from BusinessForSale.bg, part of the BULGARIAN PROPERTIES holding. According to local real estate agents what is specific about the Varna real estate market is that most hotel owners do not announce their sale officially. They are afraid that the information about the sale of the hotel might have a negative effect on the staff, which is insufficient anyway.
The fact that only in BusinessForSale.bg one will find 52 offers for sale of hotels 22 of which are at the seaside is indicative of the problems in the sector.
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27/October/2011
Polina Stoykova, Chief Operations Manager, BULGARIAN PROPERTIES
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21/June/2011
pochivka.com
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novinite.com, March 15, 2012
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