Country Report

Online Travel Sales to Country Residents in

Online Travel Sales To Residents in Bulgaria

Sep 2017

US$990

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Executive Summary

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TRENDS

Online travel sales to residents surged by 21% in 2017, to reach BGN1.3 billion. Exceptionally strong growth helped expand the relative share of online sales to 27% of total sales, from 23% the year before. The key growth driver was sales of airline tickets – both by agencies and airlines – as low-cost airlines doubled the number of routes they operated to and from Bulgaria. Online sales of travel agencies to residents jumped by 27% in current value terms to reach BGN116 million, and airlines direct online sales to residents rose by 25% to reach BGN701 million.

PROSPECTS

Over the forecast period, online travel sales to residents is projected to increase by a value CAGR of 8% at constant 2017 prices, to reach BGN1.8 billion in 2022. As a result, online penetration is set to expand from 27% to 33% of total sales. Online sales growth will be driven by solid communications and financial infrastructure, and gradual sophistication of domestic players’ online operations – catching up with trends in industries such as retail.

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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.

Euromonitor International has a strong international reputation in the travel industry thanks to Passport’s extensive coverage, a growing client base and our work with key global bodies such as the United Nations World Tourism Organisation (UNWTO), World Travel Market (WTM) and World Travel and Tourism Council (WTTC).

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Files are delivered directly into your account within a few minutes of purchase.

Overview:

Discover the latest market trends and uncover sources of future market growth for the Online Travel Sales to Country Residents 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 Online Travel Sales to Country Residents industry in Bulgaria, our research will save you time and money while empowering you to make informed, profitable decisions.

The Online Travel Sales to Country Residents in Bulgaria market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation
Historic volumes and values, company and brand market shares
Five year forecasts (of market share, market trends, market growth)
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Online Travel Sales to Country Residents in Bulgaria?
What are the major brands in Bulgaria?

Why buy this report?

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

This industry report originates from Passport, our Travel And Tourism market research database.

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Online Travel Sales To Residents in Bulgaria

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