Tourism Analysis

Tourism in Bulgaria is one of the most incredible economic and social phenomena’s of the time. The government invested a lot in tourism infrastructure, not only along the Black sea and in ski resorts but also with the creation of 30,000 kilometers of hiking trails, mountain huts and health spas. Many tourists are going to the Black sea, Ski Mountain and main cities. Very few people stay in rural areas it is also clear the people that do stay it benefit the local community. Areas in natural and cultural resources give local communities a reason to preserves what they have. Tourism is one of the best opportunities for sustainable economic development, for example, making sure there is enough business making money for the future.  It has several attributes that make it valuable to communities even beyond it economic benefits. Tourism also has economic spin-offs such as training; education and communication. Tourism creates interactions between tourist and host brings together cultures, people and religion. Unplanned tourism wastes resources or even destroys the environment.  Bulgaria’s network of marked trails and mountain huts make it possible to hike from one end of Bulgaria to the other without leaving the mountains, or you can hike or bike ride from village to village without ever using a paved road. So much of the natural heritage of Bulgaria is still untouched.

Cheap construction drives tourists away; leaving locals with decaying buildings and homes Bulgaria is running these risks with its tourism development. It is important for future tourism development to find another way to avoids these effects. Sustainable tourism tries to make a low impact on the environment and local culture while local ecosystems and generating income and employment. (bulgariaski, 2015)

Greece relies on tourism from between 15 and 20 percent of it overall Gross Domestic Product (GDP) nearly 350 billion, the impact is greater than when you add in spending in stores and restaurant in tourist destinations. The tourist income is needed to the ability of Greece to repay its debts. Inline with the billions of loans and guarantees now the Greek government has pulled out all of the stops to encourage tourism including reducing sales tax and airport fees for landing.  The push has been in Germany where the resentment of Greece is running high. The more German tourism in Greece is primary good for Germany. German banks are exposed to the tune of anywhere from 30 billion to 50 billion of Greek government debt. (business.time, 2015)