German tourists cooling on Bulgaria.
2007-12-05 10:00:00
The ITB international tourism fair that wrapped up in Berlin confirmed Bulgaria's declining popularity as a holiday destination on the German market. German tour operators ITS and TUI said bookings are currently lagging the year-ago period by 5% and 20%, respectively. Both companies reported a y/y drop in bookings in '05. Bookings at another major German tour operator, Alltours, are 1% below the year-ago mark. The pullback is attributed to the overbuilding of Bulgarian sea resorts, the poor infrastructure and inadequate advertising.

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