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Travel agency, tour operator and other reservation service and related activities, Industry Analysis, Bulgaria, 2016

The Travel agency, tour operator and other reservation service and related activities industry in Bulgaria was represented by 1,962 companies at the end of 2016, compared to 1,878 in the previous year and 1,824 in 2014.

The industry's net profit amounted to BGN 30,829,000 in 2016.

The industry's total revenue was BGN 1,088,582,000 in 2016, up by 6.67% compared to the previous year.

The combined costs of the companies in the Travel agency, tour operator and other reservation service and related activities industry reached BGN 1,053,259,000 in 2016, up by 5.77% year-on-year.

The industry's total revenue makes up 1.3% to the country's Gross domestic product (GDP) in 2016, compared to 1.26% for 2015 and 1.29% in 2014.

A total of 4,516 people were employed in the Travel agency, tour operator and other reservation service and related activities industry in 2016, compared to 4,591 in 2015 and 4,529 in 2014.

Most of the companies in the industry are based in Sofia, followed by Varna and Burgas.

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