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
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.
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.
Bulgaria’s Hidden Nature Gems: Pamporovo and Smolyan
Most UK ski enthusiast have heard of Bankso, one of eastern Europe’s most publicized budget ski destinations. However wonderful this relatively new resort may be, Winter treasures in neighboring Bulgarian towns, they represent timeless beauty most people in the world never heard of. It’s these sorts of places, we at Argo love to share.
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