Sat, May 26 2012

OVER-CONSTRUCTION - MAIN PROBLEM OF BULGARIA'S BLACK SEA COAST

Fri, Mar 09 2007 09:11 CET

779 Views

Over-construction in Bulgarian coastal resorts was the main topic of discussion between Bulgarian tourism agencies and their international partners during the international tourism expo ITB Berlin, SAT head Aneliya Kroushkova said.


All experts familiar with the tourism product of Bulgaria said that intense construction was among the reasons for problems in Bulgaria's tourism sector, mediapool.bg reported.

Bulgarian resorts exhausted all opportunities for construction and their future depended on the means that owners would invest in renovation, mediapool.bg said. The newly-built hotels will fade in the five to six years to come.

Turkish media reported that Russian, German and UK property investors abandoned their interest in holiday property in Bulgaria and were interested in the Turkish Black Sea Cost.

Still, Kroushkova said that all ITB participants she met expected an increase in the number of tourists to visit Bulgaria in the summer of 2007.

  • Print
  • Send via email
  • Translate to
  • Share:

To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

More in this category

Saab awarded $2.4M military training equipment contract in Bulgaria

The funding is provided under the foreign military sales programme of the US army's Program Executive Office of Simulation, Training and Instrumentation.

Two Brits fined for hooliganism in Bulgaria’s Veliko Turnovo

The UK nationals were arrested after throwing beer bottles at people after being refused entry to a restaurant that had closed for the night.

Tourism: Bulgaria to spend 300M leva on restoring castles, ancient sites

Restoration and development projects include Madara Horseman, Arbanassi fortress, Magura cave.

Sovereign Order of Malta assists hospital in Bulgaria’s Iskrets

Simeon Saxe-Coburg and his spouse Margarita opened a new heating and insulation system at the Tsar Ferdinand Hospital for Pulmonary Diseases in Iskrets, a project implemented thanks to the Embassy of the Sovereign Order of Malta in Sofia and the Nando Peretti Foundation.

Bulgarian Parliament passes confiscation act

According to the law's provisions, the commission will have the power to investigate individuals without prior notification and would not require a criminal conviction in order to launch an investigation.

© 2000-2012, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.