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Bulgarian Tourist Industry Union Formed in Sofia

Date: 09.06.2006

A Bulgarian Tourist Industry Union was formed in Sofia in the National Palace of Culture.

Owners of various hotels in Bulgaria, and CEO's of companies from the tourist industry elected a 17-member management board and a control council of seven. Petya Slavova, owner of Festa Holding, was appointed chair of the board.

The Union's first order of business was to urge Bulgaria's lawmakers to introduce a 7% VAT on tourist services both for foreign and local tourists.

Slavova said that she was happy to see all tourist organizations enter the new union, along many private hotel owners. She explained that the state's involvement in tourism was crucial, especially when it came to tax policies and development strategies.

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