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

Drakensberg Grand Traverse South Africa: A 220km luxury hike through wild beauty

Oil mogul Gabriel Ogbechie’s Rainoil receives 45,000MT tanker to boost logistics

How tourism is shaping Tanzania’s economy

Africa’s largest asset manager, PIC takes $330 million more shares in Sibanye-Stillwater

Hike Mount Kilimanjaro: The best routes, guided tours, and luxury hotels

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-owned electric companies
BusinessHot News

El-Sewedy join forces with chinese firm to build $1 billion phosphate complex in Egypt

Feyisayo Ajayi Feyisayo Ajayi December 1, 2025
Top 10 Africa’s eco-luxury hotels
Egypt strengthens ICT expansion through ITIDA, Ericsson partnership
Salvo Grima expands East Africa operations with Noble Outlook acquisition
Kijenge gets $15 million financing from TLG Capital to revive Tanzania agribusiness operations
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
- Advertisement -
Ad imageAd image
The-Capital-Boardwalk
LuxuryTourism

Capital Hotel Group to open $16.8 million Capital Boardwalk in Gqeberha

Capital Hotel Group will open its first Eastern Cape property in Gqeberha in 2026, a 16.8-million apartment hotel focused on…

Timilehin Adejumobi Timilehin Adejumobi January 23, 2026
Casablanca Stock Exchange top companies
BusinessHot News

10 companies valued above $2.5 billion on Casablanca Stock Exchange

Morocco’s Casablanca Stock Exchange hosts Africa’s top firms, led by banks, energy and infrastructure giants driving resilience.

Feyisayo Ajayi Feyisayo Ajayi January 23, 2026
Attijariwafa Bank Morocco valued over $15 billion
BusinessHot News

Attijariwafa Bank’s valuation hits $16 billion, maintains lead on Casablanca Stock Exchange

Attijariwafa Bank remains Morocco’s largest lender with $15.6 billion market valuation on Casablanca Exchange

Feyisayo Ajayi Feyisayo Ajayi January 23, 2026
Copperbelt Energy $1.54 billion valuation
BusinessHot News

Copperbelt Energy rewrites Lusaka Securities Exchange record with $1.5 billion milestone

Copperbelt Energy hits $1.5 billion valuation on LuSE, marking Zambia’s largest listed energy firm and investor confidence milestone.

Feyisayo Ajayi Feyisayo Ajayi January 23, 2026
Shoprite Africa expansion strategy
BusinessHot News

Why Shoprite exited 7 African markets but keeps its SADC stronghold

Shoprite exits seven African markets, citing inflation and logistics, while doubling down on stable SADC countries to protect margins and…

Feyisayo Ajayi Feyisayo Ajayi January 23, 2026
The-Capital-Boardwalk
LuxuryTourism

Capital Hotel Group to open $16.8 million Capital Boardwalk in Gqeberha

Timilehin Adejumobi Timilehin Adejumobi January 23, 2026
Casablanca Stock Exchange top companies
BusinessHot News

10 companies valued above $2.5 billion on Casablanca Stock Exchange

Feyisayo Ajayi Feyisayo Ajayi January 23, 2026
Attijariwafa Bank Morocco valued over $15 billion
BusinessHot News

Attijariwafa Bank’s valuation hits $16 billion, maintains lead on Casablanca Stock Exchange

Feyisayo Ajayi Feyisayo Ajayi January 23, 2026

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 933 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 526 Articles
Oluwatosin Alao 158 Articles
- Advertisement -
Ad imageAd image
The-Capital-Boardwalk
LuxuryTourism

Capital Hotel Group to open $16.8 million Capital Boardwalk in Gqeberha

Capital Hotel Group will open its first Eastern Cape property in Gqeberha in 2026, a 16.8-million apartment hotel focused on…

Timilehin Adejumobi Timilehin Adejumobi January 23, 2026
Casablanca Stock Exchange top companies
BusinessHot News

10 companies valued above $2.5 billion on Casablanca Stock Exchange

Morocco’s Casablanca Stock Exchange hosts Africa’s top firms, led by banks, energy and infrastructure giants driving resilience.

Feyisayo Ajayi Feyisayo Ajayi January 23, 2026
Attijariwafa Bank Morocco valued over $15 billion
BusinessHot News

Attijariwafa Bank’s valuation hits $16 billion, maintains lead on Casablanca Stock Exchange

Attijariwafa Bank remains Morocco’s largest lender with $15.6 billion market valuation on Casablanca Exchange

Feyisayo Ajayi Feyisayo Ajayi January 23, 2026
Copperbelt Energy $1.54 billion valuation
BusinessHot News

Copperbelt Energy rewrites Lusaka Securities Exchange record with $1.5 billion milestone

Copperbelt Energy hits $1.5 billion valuation on LuSE, marking Zambia’s largest listed energy firm and investor confidence milestone.

Feyisayo Ajayi Feyisayo Ajayi January 23, 2026
Shoprite Africa expansion strategy
BusinessHot News

Why Shoprite exited 7 African markets but keeps its SADC stronghold

Shoprite exits seven African markets, citing inflation and logistics, while doubling down on stable SADC countries to protect margins and…

Feyisayo Ajayi Feyisayo Ajayi January 23, 2026
The-Capital-Boardwalk
LuxuryTourism

Capital Hotel Group to open $16.8 million Capital Boardwalk in Gqeberha

Timilehin Adejumobi Timilehin Adejumobi January 23, 2026
Casablanca Stock Exchange top companies
BusinessHot News

10 companies valued above $2.5 billion on Casablanca Stock Exchange

Feyisayo Ajayi Feyisayo Ajayi January 23, 2026
Attijariwafa Bank Morocco valued over $15 billion
BusinessHot News

Attijariwafa Bank’s valuation hits $16 billion, maintains lead on Casablanca Stock Exchange

Feyisayo Ajayi Feyisayo Ajayi January 23, 2026

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 933 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 526 Articles
Oluwatosin Alao 158 Articles
© Shore Africa All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?