“Our revenue by April 1 was up 50% compared with the year-ago period, but we estimate 23% to 25% full-year growth, the same as in 2018,” Alin Burcea said on ZF Live.
Paralela 45 ended last year with EUR60 million revenue, compared with EUR50 million in 2017.
The most popular destinations are again Antalya (Turkey) and Greece.
“I think Egypt will see significant growth. This year is the best year for Antalya, I think they will be fully booked. Greece is also selling better than last year.”
The government is not doing a good job at managing the funds for promoting travel to Romania, which is why Romania attracts about 50,000 foreign tourists, while Bulgaria 3 million.
“There is significant growth in outgoing and domestic travel, there’s nothing to complain about here. However, we need to bring foreign tourists, fresh money from abroad. I think there’s a problem when we have 50,000 foreign tourists on our beaches compared with 3 million in Bulgaria. (…) Promotion is still poor. I think we have the highest promotion budget Romania has ever had, which is good. It’s all in vain however, if we don’t use it all.”
(English version by Loredana Fratila-Cristescu)