Chinese investors will invest €270 million euros ($294 million) to construct Sofia, Bulgaria’s new cargo airport, and to develop a new luxury resort. While the specific investors have not been named, Sofia’s Mane Capital AD is involved in advising on the deal.
Bulgaria
Must See in June: Nestinarstvo Fire-Walking Festival in Bulgari
Nestinarstvo is one of the oldest Bulgarian customs and an ancient pagan cult, inscribed on the List of the Intangible Cultural Heritage of Humanity.
An Orthodox Christmas in Bulgaria
Bulgaria celebrates the Orthodox Christmas according to the Gregorian calendar on December 25. Here are some of their Christmas traditions.
Bansko Ski Resort: Value Holidays in Luxury and Style
One of the top winter destination in Bulgaria, the Bansko Ski Resort captivates the interest of the media every season.
Iberostar Wants to be Your Host at Sunny Beach
When you think of the dream European beach vacation, what’s the first thing that normally springs into your mind? Greece? Spain? The south of France? Bulgaria?
Bulgaria Repeats Turkey Travel Warning
Bulgarian officials have reiterated a warning on visiting Turkey. The Foreign Ministry in Sofia has warned the public to “exercise high vigilance and caution in view of increased risk of terror attacks”. Bulgarians are being advise against travelling to southeastern Turkey.
Bulgaria’s Black Sea Resorts Sold Out for Summer
In a bit of great news for Bulgaria tourism, hotels on the Black Sea have reportedly closed bookings for the Summer holiday season. According to reports, the season is completely sold out for the 2016 season.
Bulgaria Expects Record Summer Bookings
At this month’s ITB Berlin, Bulgaria pulled out all the stops to publicize its Black Sea resorts. Hoping to cash in on the more recent geo-political shift that has diverted from Egypt and other destinations, officials of Bulgaria’s tourism ministries showed optimism at Europe’s biggest travel event.
TUI Says Bulgaria Is New Russia Booking Hot Spot
According to TUI Russia, Bulgaria may soon be the chosen destinations of Russian tourists intent on vacations this coming Summer. Travel Russian News reported o Friday, Bulgaria having garnered some 60% of early bookings by tourists so far.
Bulgaria Ministry Issues Greece Travel Warning
According to news from Bulgaria’s Foreign Ministry, a new travel warning has been issued in connection with a general strike in Greece on February 4. The ministry has also issued an advisory on the continued difficulties at the border crossings between the two countries, prompted by the escalating blockades by Greek farmers.
Can Indian Tourist Rescue Eastern Europe Tourism?
Some 30 million Indians are expected to travel worldwide in the short term, tourism boards from Bucharest to Varna and beyond are seeking to woo these news tourists via marketing and trade shows.
Swissotel Sofia brand’s first property in Bulgaria
Swissôtel Hotels & Resorts has announced an agreement with Turkish developer Garanti Koza to manage Swissôtel Sofia. The new flagship property is being developed in Bulgaria’s capital, and is expected to open in 2018.