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175 million leva invested in spa hotels over the last few years

26.10.2007

Between 150 and 175 million leva have been poured into spa and wellness developments in Bulgaria over the last three years, authority reported at a news conference held in Plovdiv. The resources have been invested into 70 four- and five-star hotels situated primarily in regions with mineral springs or seaside locations.
Such location are the most viable alternative for completing hotel occupancy all year round, Stanimir Stankov, chairman of National Association on Spa and Wellness Tourism argued. He cited the fact that such developments enjoy an yearly flow of 128 000 tourists, whose average stay is about three days. Although analysts at the conference did not announce any statistics on average spending of these tourists, all practicipators agreed that the visitors are affluent individuals enjoying high social status and inclined to invest lavish amounts into their health and fitness. Eighty-five per cent of the tourists in this sector are Bulgarians, and the other fifteen per cent are Russian-speaking tourists.

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