Tourist stays decreased by 1.2% YoY in January 2017; the average occupancy rate remained flat at 24.5%

Tourist overnight stays in Bulgarian hotels came to 802.0k in January 2017, down by 1.2% compared to Jan’16. The revenue from overnight stays increased by 5.5% YoY, reaching BGN 41.6m, as the revenue from foreign tourists increased 8.8% YoY, while the revenue from Bulgarian tourists added 1.4%. The total number of tourists declined by 2.4% YoY to 334.6k. The average occupancy rate of the hotels remained relatively flat YoY at 24.5%, where for the 4- and 5-star hotels it stood at 36.1% and for the 3-star hotels at 23.6%.