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Tourism Earnings Up In Morocco

Article Date : Wednesday, November 22, 2006       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

As investors watch and wait for Morocco's Vision 2010 plan to come to fruition, it has been announced by the Ministry of Tourism in Rabat this month that income from Morocco's tourism industry's has reached a new high, after increasing by 25.8% during the first nine months of 2006.

Flight passenger numbers for the same period increased by 9% while bed occupancy rates crept up from 49 to 50% this year.  As a result, estimated tourism earnings in Morocco will amount to between 4.1bn€ and 4.5bn€, against 3.7€bn in 2005, said the Ministry.  It added that tourist numbers would reach 6.5 million for 2006, up from last year's 5.8 million visitors.
As part of the Vision 2010, Morocco plans to encourage 10 million tourists by 2010. 

The Moroccan government is currently implementing major changes to the country's infrastructure and developing a large number of giant tourist resort projects in full preparation for this anticipated growth.  Property investors in Morocco will be nicely encouraged by the new figures.
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