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Bulgaria's travel accommodation sector is experiencing a robust recovery, with revenue from nights spent reaching a record high of over *** billion Bulgarian leva in 2024. This marks a significant rebound from the industry's low point in 2020, when the COVID-19 pandemic severely impacted travel and tourism worldwide.

Hotel market growth

The country's hotel industry has been expanding its capacity to meet growing demand. In 2023, there were more than **bedrooms in hotels and similar accommodations, showing a steady increase from previous years. This growth in capacity has been accompanied by rising occupancy rates, with the net occupancy rate of hotel bedrooms reaching almost ** percent in 2023, approaching pre-pandemic levels.

Tourism recovery

The recovery of Bulgaria's tourist accommodation sector is further evidenced by the increasing number of nights spent in hotels. In 2023, approximately ** million nights were recorded, over *** million more than a year prior. Furthermore, the rebound can be observed through the growing hotel infrastructure and bed-place occupancy rates.