Call
Send Email
Messenger
WhatsApp
Hotel Sector in Bulgaria Remains Stable in 2009
Although the negative effect of the recession in Europe is felt in Bulgaria as well the number of tourists who visited the country in 2008 has increased by 8.4%, PropertyWire writes citing National Statistics Institute data.
This brings hope to hotel owners that may be they will be able to overcome the economic slowdown expected this year.
This year the tourist sector in Bulgaria is expected to generate approximately 4 billion Euro half of which will come from foreign tourists and the other half from Bulgarian ones, experts forecast.
“However, the money which the government plans to spend on advertising Bulgaria abroad is too little”, says Joseph Upchurch – director of building company Aston Lloyd.
“Regretfully, most of the big international chains of hotels still do not have representations in Bulgaria”, he adds.
However, this is about to change. Four of the largest chains of hotels - Marriott, Hyatt, Movenpick and Intercontinental plan to enter the Bulgarian market by opening offices in Sofia.
View our hot offers
Read more news
More News
Summer is here, and the real estate market in Bulgaria continues to offer great opportunities for those who are well-informed and act at the right time!
May was a month of in-depth analyses and valuable market data, showing that the market is entering a more balanced phase. Buyers are becoming more cautious, supply is gradually increasing, and successful transactions increasingly d...
After two years of exceptionally strong price growth, limited supply and euphoria fuelled by the expected introduction of the euro, Sofia’s residential property market entered a new cycle in the first quarter of 2026.
The period was characterised by existing demand, but also by more moderate activity, as buyers and sellers reassessed their behaviour.
The market began ...
The first quarter of 2026 marks the beginning of a new stage in the development of Bulgaria’s property market, which is moving from a period of accelerated transactions in 2024–2025 into a phase of normalization, characterized by more mature and rational buyer behavior.
This shift is also visible in an analysis of nearly 15,000 real searches made between January and Ma...
The market is rebalancing – and great results come with the right strategy!
April brought clear signals of a new phase in the real estate market in Bulgaria – a more moderate pace, more cautious buyers, and increasing supply. And yet, deals are happening across all segments when properties are positioned correctly.
In this more mature and competitive environment, our Agents ...
