By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Shore AfricaShore AfricaShore Africa
Notification Show More
Font ResizerAa
  • Hot News
  • Tourism
  • Entertainment
  • Business
  • Luxury
  • Exclusive
  • Sports
  • Technology
Reading: Moroccan tourism posts record $11 billion revenue
Share
Font ResizerAa
Shore AfricaShore Africa
Search
  • Hot News
  • Tourism
  • Entertainment
  • Business
  • Luxury
  • Exclusive
  • Sports
  • Technology
Have an existing account? Sign In
Follow US
Shore Africa > Hot news > Hot News > Moroccan tourism posts record $11 billion revenue
Morocco
Hot NewsTourism

Moroccan tourism posts record $11 billion revenue

Morocco’s tourism hit a record $11 billion in 2024, driven by surging arrivals, solid domestic efforts, and resilience across key economic sectors.

Feyisayo Ajayi
Last updated: April 27, 2025 4:32 pm
Feyisayo Ajayi Published April 27, 2025
Share
SHARE

At a Glance


  • Morocco’s tourism revenue soared to $11 billion in 2024, fueled by a 20% rise in arrivals and a doubling of Chinese visitors, exceeding pre-pandemic levels.
  • Marrakech and Agadir led tourist stays, with 8.4 million and 5.5 million overnight stays respectively, reflecting Morocco’s strengthened appeal as a top global destination.
  • National growth hit 3% in 2024, supported by agriculture, automotive, and phosphates, while foreign trade improved with a 7.3% drop in the trade deficit.

Morocco’s tourism sector, under the leadership of Tourism Minister Fatim-Zahra Ammor, posted record-breaking figures in 2024, with revenues soaring to MAD96.9 billion ($11 billion).

The growth reflects a strong rebound in international arrivals and solid domestic efforts to position Morocco as a premier global destination.

Surge in arrivals drives sector growth

According to the latest figures, Morocco welcomed 17.4 million tourists in 2024, a 20 percent increase from the previous year and a 33 percent jump over pre-pandemic levels in 2019.

Essaouira Beach (Morocco)

Foreign tourists rose by 23 percent, while Moroccans Living Abroad (MREs) grew by 16.7 percent, fueled by strong demand from key markets like France, the UK, Spain, Italy, and nearly doubling of Chinese visitors (+98 percent).

Classified accommodation establishments recorded 24.1 million overnight stays, up 10.3 percent, driven mainly by non-resident tourists (+16 percent). Marrakech and Agadir remained top destinations, with Marrakech registering 8.4 million overnight stays (+11 percent) and Agadir 5.5 million (+17 percent).

Macroeconomic resilience supports momentum

Beyond tourism, Morocco’s broader economic performance remained resilient. National economic growth reached 3 percent in 2024, underpinned by key sectors such as agriculture, automotive, aeronautics, and phosphates.

Foreign trade also showed positive signs, with a 7.3 percent reduction in the trade deficit as imports fell by 2.9 percent and exports stabilized (+0.2 percent) by November 2024. The country’s official reserve assets rose 4 percent year-on-year to MAD373.1 billion($40.33 billion), covering approximately five months of imports.

Looking ahead to 2025

With an expected GDP growth rate of 3.5 percent in 2025, Morocco is set to maintain its upward trajectory through continued sector diversification and a strategic focus on natural resource management, particularly in phosphates.

Minister Ammor emphasized the sector’s role in Morocco’s broader economic story, saying, “We are entering 2025 with strong momentum, diversified markets, and a clear ambition to position Morocco among the world’s top travel destinations.”

You Might Also Like

The business of art collecting among Africa’s ultra-rich

Inside Silvermist Wine Estate: Cape Town’s organic luxury retreat in Constantia Valley

Top 5 African women who have won Grammy awards

10 African music producers driving Afrobeats and global music trends

OKU hotels expands luxury hospitality footprint to South Africa

Subscribe

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]

TAGGED:Economic GrowthFeaturedMoroccan tourismtourism revenuetravel sectorvisitor arrivals
Share This Article
Facebook X Email Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
LinkedInFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
Popular News
African-Culture
BusinessEntertainment

7 African cultural practices influencing modern art

Timilehin Adejumobi Timilehin Adejumobi June 8, 2025
Tanzania’s CRDB bank boosts African financial access with $120 million deal
Tunisia attracts holiday travelers looking beyond the usual spots
Seychelles’ top 10 hotels for the ultra-rich
What Elon Musk’s $17 billion SpaceX deal means for Africa’s internet gap
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
- Advertisement -
Ad imageAd image
Taj Hotels
Hot NewsLuxury

India’s Taj enters Egypt with Cairo continental hotel

Taj Hotels signs deal to restore and run Cairo’s historic Continental Hotel.

Timilehin Adejumobi Timilehin Adejumobi December 22, 2025
Middle East richest families 2025
ExclusiveHot News

Three families from the Middle East make the world’s 7 richest list in 2025

Three Middle East ruling families now rank among the world’s seven richest, controlling $659.5 billion as state-linked capital reshapes global…

Feyisayo Ajayi Feyisayo Ajayi December 22, 2025
African banks with most branches
BusinessHot News

Banks in Africa with more than 700 branches

Africa’s biggest banks still build power through vast branch networks, anchoring deposits, financial inclusion, and cross-border banking reach.

Feyisayo Ajayi Feyisayo Ajayi December 22, 2025
Africa Hospitality
LuxuryTourism

How climate strategy is shaping Africa hospitality investment

Green standards are becoming central to financing Africa’s hotel developments.

Timilehin Adejumobi Timilehin Adejumobi December 22, 2025
Afrirent hospitality investment South Africa
BusinessHot News

Indalo Hotels & Leisure, Afrirent’s flagship bet on the hospitality industry

Indalo Hotels & Leisure marks Afrirent’s pivot into asset-backed hospitality, blending transformation, institutional capital and global hotel brands.

Feyisayo Ajayi Feyisayo Ajayi December 22, 2025
Taj Hotels
Hot NewsLuxury

India’s Taj enters Egypt with Cairo continental hotel

Timilehin Adejumobi Timilehin Adejumobi December 22, 2025
Middle East richest families 2025
ExclusiveHot News

Three families from the Middle East make the world’s 7 richest list in 2025

Feyisayo Ajayi Feyisayo Ajayi December 22, 2025
African banks with most branches
BusinessHot News

Banks in Africa with more than 700 branches

Feyisayo Ajayi Feyisayo Ajayi December 22, 2025

Categories

  • Business
  • Entertainment
  • Exclusives
  • Hot News
  • Luxury
  • Tourism

About US

A premier digital news platform spotlighting Africa’s top companies, business leaders, athletes, musicians, brands, and luxury destinations.

Our Team

Subscribe US

Shore.Africa is owned by Travel Shore, the media brand behind Shore Africa. Subscribe to our newsletter to get our newest articles instantly.

Feyisayo Ajayi 765 Articles
Feyisayo Ajayi is the Publisher and Co-founder of Shore Africa, the flagship media brand under the Travel Shore umbrella. He brings over a decade of multidisciplinary experience across media, finance, and technology. Feyisayo holds a bachelor’s degree in Geology from the University of Ibadan, Nigeria.
Omokolade Ajayi 85 Articles
Timilehin Adejumobi 466 Articles
Oluwatosin Alao 137 Articles
- Advertisement -
Ad imageAd image
Taj Hotels
Hot NewsLuxury

India’s Taj enters Egypt with Cairo continental hotel

Taj Hotels signs deal to restore and run Cairo’s historic Continental Hotel.

Timilehin Adejumobi Timilehin Adejumobi December 22, 2025
Middle East richest families 2025
ExclusiveHot News

Three families from the Middle East make the world’s 7 richest list in 2025

Three Middle East ruling families now rank among the world’s seven richest, controlling $659.5 billion as state-linked capital reshapes global…

Feyisayo Ajayi Feyisayo Ajayi December 22, 2025
African banks with most branches
BusinessHot News

Banks in Africa with more than 700 branches

Africa’s biggest banks still build power through vast branch networks, anchoring deposits, financial inclusion, and cross-border banking reach.

Feyisayo Ajayi Feyisayo Ajayi December 22, 2025
Africa Hospitality
LuxuryTourism

How climate strategy is shaping Africa hospitality investment

Green standards are becoming central to financing Africa’s hotel developments.

Timilehin Adejumobi Timilehin Adejumobi December 22, 2025
Afrirent hospitality investment South Africa
BusinessHot News

Indalo Hotels & Leisure, Afrirent’s flagship bet on the hospitality industry

Indalo Hotels & Leisure marks Afrirent’s pivot into asset-backed hospitality, blending transformation, institutional capital and global hotel brands.

Feyisayo Ajayi Feyisayo Ajayi December 22, 2025
Taj Hotels
Hot NewsLuxury

India’s Taj enters Egypt with Cairo continental hotel

Timilehin Adejumobi Timilehin Adejumobi December 22, 2025
Middle East richest families 2025
ExclusiveHot News

Three families from the Middle East make the world’s 7 richest list in 2025

Feyisayo Ajayi Feyisayo Ajayi December 22, 2025
African banks with most branches
BusinessHot News

Banks in Africa with more than 700 branches

Feyisayo Ajayi Feyisayo Ajayi December 22, 2025

Categories

  • Business
  • Entertainment
  • Exclusives
  • Hot News
  • Luxury
  • Tourism

About US

A premier digital news platform spotlighting Africa’s top companies, business leaders, athletes, musicians, brands, and luxury destinations.

Our Team

Subscribe US

Shore.Africa is owned by Travel Shore, the media brand behind Shore Africa. Subscribe to our newsletter to get our newest articles instantly.

Feyisayo Ajayi 765 Articles
Feyisayo Ajayi is the Publisher and Co-founder of Shore Africa, the flagship media brand under the Travel Shore umbrella. He brings over a decade of multidisciplinary experience across media, finance, and technology. Feyisayo holds a bachelor’s degree in Geology from the University of Ibadan, Nigeria.
Omokolade Ajayi 85 Articles
Timilehin Adejumobi 466 Articles
Oluwatosin Alao 137 Articles
© Shore Africa All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?