Been reading with interest the comments on price inflation that seems to have swept Bulgaria this season, and, if like me you have read just about every post on the subject then you will no doubt agree that the reports are conflicting to say the least.
However I do appreciate that some prices have gone up, some by a bit and some substantially which almost splits the board into 3 catagories - those who go for a budget holiday, those who go to enjoy Bulgaria and those who go for both these ...
Been reading with interest the comments on price inflation that seems to have swept Bulgaria this season, and, if like me you have read just about every post on the subject then you will no doubt agree that the reports are conflicting to say the least.
However I do appreciate that some prices have gone up, some by a bit and some substantially which almost splits the board into 3 catagories - those who go for a budget holiday, those who go to enjoy Bulgaria and those who go for both these reasons. I can see those who go purely becase it is (or was) cheap probably drifting away and trying different places, whilst those of us who go there because we love the place will probably just accept the increases and continue our love affair with the country.
But all these rises I believe are directly linked to Bulgarias' inclusion into the EEC. When they adopt the Euro as their national currency, planned for sometime after 2010 then their prices will need to be in line with other European Member nations and I think that transaction has already begun. It's almost a slowly slowly inflation that will continue for the next 4 year until prices are on a par with the rest of Europe - and that will severely test the pulling power of Bulgaria when price is no longer the main attraction.
hi pp i have to say you could not have said that better. i love bulgaria the people and every thing about it and will allways go back no matter how much things cost good for you xxxxxxxxxxxxxxxxxxxxxxxxxxxx
Me too. . .I'm not even a proper skier but my hubby and sons and all their mates love Bulgaria, they have a ski hol in France each year but we all agree Bulgaria is the most friendly and fun place to go
nicely put pete. For the folks in the over 30 group they might remember going to Greece around 1989-to early nineties when you could buy a bottle of amstel from your local supermarkets for less than 40p using the famous drachma. Then Greece had the idea of joining the euro union and prices trebled over a couple of years. C' est la vie ski peeps , if you want über cheap prices again then chase the next under developed nation.
At the risk of sounding really slushy, every time I go back its to find my heart which I left in Momchilovtsi and Pamporovo the first time I saw it. Whatever happens with inflation etc. I just know my love affair with BG will never fade and I c.... w... (soz PP) for my house to be built so that I can spend all my time there.
The thing is though unless the people of Bulgaria have massive pay rises to match this inflation they will just not be able to buy anything or maybe if they are lucky afford one beer a week.
Yes tourism is important but for the other 8 odd months of the year those business will have zero trade.
Summer trade in the resorts is good with many people using them as a base for walking holidays. Many of the instructors go to Sunny Beach or Golden Sands during the summer to work in the resorts. So it's not as bleak a picture as you paint Welsh.
Summer tourism in pamporovo is becoming increasingly popular, the natural beauty of the area is outstanding, rock climbing, pot holing, fishing, eco trails, the wonderful bridges and the devils throat gorge are all very popular here in the summer.
In fact there were more tourists here last summer than have visited this winter so far.
Very popular with greeks, bulgarians,russians and even americans!
But still the point stands valid wages range from £250-2500 per annum.
If a glass of beer increases from £0.20 to £1.80 or even £2.00 then clearly something has to happen, likewise if a meal for 2 wih wine which used to cost £8 suddenly costs £20-30 it just means that locals canno use those establishments.
Also as others have sai Bulgaria appeals to 3 kinds of people Budget, People who want to specifically go there and those who are a blend of the two. Now if prices rise too much the ...
But still the point stands valid wages range from £250-2500 per annum.
If a glass of beer increases from £0.20 to £1.80 or even £2.00 then clearly something has to happen, likewise if a meal for 2 wih wine which used to cost £8 suddenly costs £20-30 it just means that locals canno use those establishments.
Also as others have sai Bulgaria appeals to 3 kinds of people Budget, People who want to specifically go there and those who are a blend of the two. Now if prices rise too much the budget tourist will vanish and potentially some of the middle ground tourists which may mean that the total tourist revenue drops lower than what is currently being received.
Its a dangerous game to play & clearly unless the business are working as a cartel then if everyone else is upping prices thats a great opportunity fo your own business to hold or cut prices and have your business heaving day in day out with punters.