2019 report by hector costello of orbis research

The number of overseas visitors entering the border reached 11.35 million, a 10% increase from 2016, representing an increase of more than 1 million tourists. Although GDP growth may slow down when compared with the high rate it recorded in 2017, there is an optimistic outlook on GDP's regional average, due to the key growth drivers, tourism, and the manufacturing industries benefiting from the foreign investment in aeronautical and automotive sectors. There is a positive outlook that the tourism sector will remain the tailwind for Morocco's economic growth. This scenario is likely to continue in 2019. Although the country's GDP growth experienced a moderate slow down in 2018, its tourism revenue continued to support the economy. Morocco's tourism generated revenue totaled around MAD 70 billion in 2017. Tourism: A Driving Force for Morocco's GDP Growth Algeria and Tunisia are at a medium risk level, while Egypt has a high risk level.Ī complete background analysis of the Moroccan Tourism and Hotel Industry, including an assessment of the parental market, emerging trends by segments and regional markets, significant changes in market dynamics and market overview are covered in the report.

By maintaining this level over the last three years, it is the only country to have a low risk level in North Africa. According to the 2019 Travel Risk Map, in terms of travel safety, Morocco is as safe as most European countries, such as the United States, and Canada, and thereby has a low risk level. The coastal city of Essaouira also received 15% more tourists in the first 10 months of 2018 than in the same period in 2017.

Agadir received 1,038,769 tourists in the first 11 months of 2018, up 13% from the same period in the previous year. Marrakech, the top Moroccan tourist destination, recorded over 2.4 million tourist arrivals from January to November, in addition to 2.6 million scheduled hotel stays through the end of 2018. These arrivals increased tenfold from 10,000 in 2015 to nearly 180,000 last year. Chinese tourist arrivals in Morocco grew impressively within three years after the relaxation of visa requirements.

2019 report by hector costello of orbis research