The global economic and financial crisis has caused serious problems in many sectors of the economy including the tourism industry. For a country like Morocco, whose main sources of income are tourism, mainly from EU countries and USA, and the flow of currency of Moroccans Living Abroad (MRE), this crisis might seem a real threat to its economy, which in 2008 received from the tourism revenues of 57 billion dirhams, about 20% of its GDP. This is even more evident if we consider that tourism revenues have fallen by 20% over the same period in 2008, of 4.33 to 3.46 billion dirhams. But the Moroccan tourism industry has the potential to avoid the negative effects of the crisis, or even benefit from the changes in the sector.
Lun Enlargement
According to the Moroccan Ministry of Tourism, 7,878,639 tourists chose Morocco for holidays in 2008, which corresponds to a rise of 6.4% over 2007. But it seems that tourists decided to shorten their stay, as the number of accommodation establishments registered at night has fallen by 3%.
Marrakech is by far the favorite destination of tourists in Morocco. Of a total capacity of 152,936 housing beds throughout Morocco, 44,394 of them are in Marrakech, representing almost 30%. Lun Enlargement
Marrakech is by far the favorite destination of tourists in Morocco. Of a total capacity of 152,936 housing beds throughout Morocco, 44,394 of them are in Marrakech, representing almost 30%. Lun Enlargement
