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Morocco: Tourist Revenues Surge 10.6% in First Four Months of 2024

Thursday, 06 June 2024 12:59
Morocco: Tourist Revenues Surge 10.6% in First Four Months of 2024

(Ecofin Agency) - Tourist revenues in Morocco reached $3.2 billion in the first four months of 2024, marking a 10.6% increase from the same period last year. The figures were reported last June 3 by the Moroccan Ministry of Tourism, Handicrafts, and the Social and Solidarity.

The rise in tourism earnings is primarily attributed to a growth in visitor numbers during the period, the ministry added. Minister of Tourism Fatim-Zahra Ammor emphasized that the rebound in tourism revenues was expected due to the influx of arrivals, underscoring Morocco's status as a preferred destination capable of generating significant income.

"The Kingdom will continue to enhance its tourism offerings, particularly by diversifying recreational activities, to reach 120 billion dirhams ($12 billion) by 2026," she stated.

In 2023, Morocco welcomed a record 14.5 million tourists, pushing sector revenues past $10 billion for the first time.

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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