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How Morocco Tourism Boom Skyrocketing Travel and Hospitality Industry with 10.5 Billion USD in 2024, Driving 7.3 Per Cent of GDP

Published 1 month ago3 minute read

Wednesday, January 29, 2025

Morocco’s tourism industry has reached unprecedented heights, with the country welcoming 17.4 million international visitors in 2024—a 20% surge from the previous year. This milestone cements Morocco’s status as Africa’s most-visited nation and a dominant force in the global travel industry. As the UN Tourism Secretary-General Zurab Pololikashvili lauded Morocco’s efforts, the Kingdom’s investments, innovation, and political stability emerged as the driving forces behind its stellar growth.

Tourism’s Economic Impact: Numbers That Speak

Morocco’s tourism revenue skyrocketed to $10.5 billion in 2024, contributing a significant 7.3% to the nation’s GDP. Over the last decade, the country has attracted an average of $3.5 billion in foreign direct investment (FDI) annually, with the tourism sector alone accounting for $2.2 billion between 2014 and 2023. Greenfield investments further accelerated the industry’s growth, injecting $2.6 billion from 2015 to 2024.

Investment Guidelines and Opportunities

To sustain this momentum, UN Tourism launched the “Tourism Doing Business – Investing in Morocco” guidelines during an official visit to Rabat. The publication highlights Morocco’s booming innovation ecosystem, investment trends, and opportunities for both national and international investors. With strategic reforms aimed at unlocking private investments, Morocco’s tourism industry is set for transformative growth.

Innovations Fueling Morocco’s Tourism Sector

Innovation has become the cornerstone of Morocco’s tourism success. During a keynote speech, UN Tourism Executive Director Natalia Bayona emphasized the importance of digital transformation in shaping the industry’s future. Highlighting Morocco’s remarkable achievements, Bayona noted a 35% rise in international arrivals since 2019, showcasing the nation’s ability to adapt and thrive in an ever-evolving travel landscape.

Key Events and Strategic Partnerships

Morocco’s influence on the global stage continues to grow as it gears up to co-host the 2030 FIFA World Cup and the 35th edition of AFCON in 2025. Strategic airline partnerships with Emirates and Saudi Airlines are further enhancing connectivity, introducing new routes from the US, UK, Canada, and India. These collaborations aim to promote year-round travel, providing socio-economic benefits for local communities and solidifying Morocco’s position as a premier travel destination.

Recognizing Tourism Innovators: The National Startup Competition

The Moroccan Agency for Tourism Development (SMIT) concluded its National Tourism Startup Competition, showcasing 137 aspiring startups. Among the winners was Ecodome, taking first place for its sustainable tourism solutions. Other trailblazers include ATAR, Pikala, Wanaut, and Mouja, each bringing unique innovations to the travel industry. These startups exemplify Morocco’s commitment to nurturing entrepreneurial talent and fostering a culture of creativity in tourism.

The Role of UN Tourism’s Thematic Office for Africa

To strengthen its leadership in African tourism, Morocco signed an agreement to establish the UN Tourism Thematic Office for Africa. This initiative underscores the Kingdom’s dedication to supporting tourism growth across the continent, further cementing its role as a key player in the global travel industry.

A Bright Future for Moroccan Tourism

With its record-breaking achievements in 2024, Morocco’s tourism sector is poised for even greater success. Strategic investments, innovative solutions, and strong international partnerships ensure that the Kingdom remains a top destination for travelers worldwide. As the country continues to lead in travel news and tourism innovation, it sets a high standard for the industry in Africa and beyond.

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