The share of Bulgarian accommodation establishments planning to close more than doubled in December
SOFIA (Bulgaria), January 26 (SeeNews) – The percentage of accommodation facility managers in Bulgaria planning to close their business in the short term due to the coronavirus crisis more than doubled on a monthly comparison basis in December , according to the National Statistics Institute (NSI) said Wednesday.
Some 1.7% of Bulgarian accommodation facility managers plan to cease operations within a month in December, the INS said in a statement, citing the results of a monthly survey of more than 1,800 managers. hotels, campsites, holiday villages and other accommodation. establishments.
In November, 0.7% of accommodation establishment managers said they planned to close their business in the short term.
The results of the latest survey show that in December 37.5% of accommodation establishments planned to maintain their activities the following month, but at a lower capacity, compared to 38.2% a month earlier.
The share of accommodation establishments that planned to continue operating as normal was 46% in December, down from 48% in November. As many as 13.2% of respondents said they planned to temporarily suspend operations, up slightly from 12.9% in November.
Up to 35.6% of accommodation establishments recorded a drop in operating revenue on a monthly comparison basis in December, while 41.5% recorded no change. Some 22.9% of managers participating in the survey said their facilities saw a monthly increase in revenue.
In December, less than half of managers, 45%, expected to be able to cover up to 50% of their operating expenses with their own funds the following month, while 24% said they could not. cover expenses with own funds. As many as 31% said they would be able to cover up to 100% of their operating expenses within a month.