
Ski resort Borovets beats growth forecast
Dnevnik Daily, 2006-01-09
Borovets, the mountain resort located 72 km south-east of Sofia, has welcomed 20% more visitors so far this winter season in comparison with the year-ago period, besting earlier forecasts for a 10-15% y/y growth, said Nedyalka Sandalska, executive director of Balkantourist, the concession manager of the resort's skiing facilities. Some 70% of arrivals originated in Britain with Russia as the runner-up, said Balkantourist. The company intends to invest 50-60 mln levs in new ski runs and related facilities over the next 3 years.
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