During communism, the Ravda area was the site of youth
and student summer camps. While some camps continue to function despite the
severe cutback in state support, others are undergoing privatization or
restitution. In recent years, the town has experienced a building boom by
picking up overflow business from nearby Nessebar and Sunny Beach as well
as catering to budget tourists from the former Soviet Union.
Throughout the small town center and along
the water a number of modern new
hotels are sprouting up, such as the attractively-designed Paradise, which
happens to be across the street from an upscale complex belonging to the
national Council of Ministers.