No rise in prices in the hotel industry is to be expected until the end of the year, and wherever a price rise is planned, it will not exceed 10%. However, hotel operators say they are not expecting any improvement in the business environment. This is indicated by the data from a traditional national survey among managers and hotel owners conducted by the Bulgarian Association of Hotel Executives at the end of the first six months of the year. 70% of the respondents point to staff shortages as the main problem hotel operators face, for a little under one-fifth the challenge is the rise in costs, and 10% say the problem is the drop in the number of tourists on the market that is traditional for the hotel in question, says the association’s chairman Georgi Duchev. Even though they are relying on the import of staff, a growing number of hotel operators say this solution as not sustainable. The share of hotel operators who plan on hiring university and school students has gone up compared to last year.
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
Metropolitan Daniil of Vidin has been elected as the new Bulgarian Patriarch. He received 69 votes. Metropolitan Gregory of Vratsa received 66 votes...
The enthronement of the newly elected Bulgarian Patriarch, Metropolitan Daniil of Vidin, is over. The new spiritual leader was welcomed in St...
It will be sunny on Monday. There will be light southeasterly wind in the eastern parts of the country. The hot weather continues with maximum..
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