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Learn moreSep 2017
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The sales of intermediaries in Bulgaria edged up by 2% in 2017, to reach BGN1.5 billion. Over the last year the market was focused on absorbing the shock from negative developments in neighbouring Turkey in 2016 (the failed military coup and a long list of terrorist attacks, some targeting tourists), as well as the sudden insolvency of one of the relatively large domestic tour operators.
Intermediaries sales of package holidays and airline tickets are projected to see amongst the fastest growth over the forecast period. Package holidays is expected to increase by a value CAGR of 5% at constant 2017 prices, to reach BGN182 million in 2022. Growth will be driven by rising household incomes, which will increase the number of domestic tourists. At the same time, due to the relatively slow pace at which Bulgaria catches up with the EU, the majority of customers will remain budget travellers, and intermediaries are well-positioned to offer broad portfolios of all-inclusive opportunities. Sales of airline tickets are expected to increase by a value CAGR of 4%, to reach BGN160 million in 2022. Growth will reflect the strong position of intermediaries in the individual trip organisation process – offering booking opportunities both for airlines and hotels.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Intermediaries industry in Bulgaria with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Intermediaries industry in Bulgaria, our research will save you time and money while empowering you to make informed, profitable decisions.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.