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

Top 5 African female referees taking over global football stage

Top 10 listed REITs on the Egyptian Exchange

Top 7 biggest fintech companies in Africa

Afreximbank unveils new firm to boost intra-African trade

MTN Ghana’s market cap increases by $132 million on GSE in first 20 days of 2025

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
Top 15 most valuable stocks on the Malawi stock exchange
BusinessHot News

Top 15 most valuable stocks on the Malawi stock exchange

Feyisayo Ajayi Feyisayo Ajayi August 20, 2025
EONS Developments unveils $206 million luxury real estate project in Egypt
How Bella Disu is shaping a generational dialogue between French culture and Nigerian heritage with Alliance Française Lagos
Stellenbosch debuts unique wine tractor experience for tourists
Globacom counts down to 22 years of reshaping telecoms in Nigeria
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
- Advertisement -
Ad imageAd image
De Beers
BusinessHot News

De Beers debuts ORIGIN diamonds in North America retail stores

De Beers brings provenance-focused ORIGIN diamonds to 30 North American luxury retailers.

Timilehin Adejumobi Timilehin Adejumobi November 20, 2025
Choice Hotels International
BusinessLuxury

Choice Hotels expands to Africa with three new luxury properties in Kenya

Choice Hotels taps Kenya’s rising travel demand with three luxury launches.

Timilehin Adejumobi Timilehin Adejumobi November 20, 2025
Shawarma is prepared with lamb, beef, or chicken, the meat is marinated for hours, stacked on a vertical spit, and slowly roasted
LuxuryTourism

Top African street foods redefining local flavor

At a Glance African street food has become one of the continent’s most reliable entry points for travelers, locals, and…

Oluwatosin Alao Oluwatosin Alao November 20, 2025
Cairo boutique hotel
Hot NewsLuxury

Inside E Riad: A Cairo boutique hotel overlooking historic El Moez street

E Riad Hotel de Charme blends historic charm with modern comfort, offering a quiet boutique retreat above the vibrant heart…

Feyisayo Ajayi Feyisayo Ajayi November 20, 2025
Nelson Madela Bay (Port Elizabeth)
LuxuryTourism

Nelson Mandela Bay boosts tourism with new growth push

Nelson Mandela Bay rolls out major tourism upgrades, boosting travel, business events and community opportunities.

Timilehin Adejumobi Timilehin Adejumobi November 20, 2025
De Beers
BusinessHot News

De Beers debuts ORIGIN diamonds in North America retail stores

Timilehin Adejumobi Timilehin Adejumobi November 20, 2025
Choice Hotels International
BusinessLuxury

Choice Hotels expands to Africa with three new luxury properties in Kenya

Timilehin Adejumobi Timilehin Adejumobi November 20, 2025
Shawarma is prepared with lamb, beef, or chicken, the meat is marinated for hours, stacked on a vertical spit, and slowly roasted
LuxuryTourism

Top African street foods redefining local flavor

Oluwatosin Alao Oluwatosin Alao November 20, 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 619 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 399 Articles
Oluwatosin Alao 98 Articles
© Shore Africa All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?