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Destination Market Insights: Morocco - Analysis of source markets, infrastructure and attractions, risks and opportunities

Published By :

GlobalData

Published Date : Sep 2017

Category :

Retail

No. of Pages : 32 Pages

Destination Market Insights: Morocco - Analysis of source markets, infrastructure and attractions, risks and opportunities

Summary

GlobalDatas "Destination Market Insights: Morocco", provides in-depth analysis of a tourist destination, in this case for Morocco. The report explores the locations largest inbound tourist markets, infrastructure and attractions, as well as risks and opportunities. The report provides clear insight into current and future tourism developments in the country.

Morocco is one of Africas leading tourist markets, with more than 10 million visitors in 2016. The country aims to grow the industry significantly, with the Moroccan Department of Tourisms 2020 Tourism Strategy hoping to double the size of the tourist industry and make Morocco one of the top 20 tourist destinations in the world. The countrys tourism industry is currently experiencing fast growth and major construction projects are happening across Morocco as a result. However, the industry still faces a number of challenges.

Scope

- The number of international arrivals will have grown by 33.3% between 2010 and 2020. France is the countrys largest inbound market, but the number of Chinese arrivals is growing quickly.
- The number of hotels in the country is expected to increase by 5.5% (CAGR) between 2016 and 2021: the largest increase is in the luxury hotel market which is expected to experience growth of 8.3% CAGR between 2016 and 2021.
- Marrakech is the most popular tourist destination in the country, comprising 34.5% of total overnight stays in Morocco in 2016. Thus, the city is home to a large share of tourist related construction projects, including numerous hotel projects and a new airport which is due to open in 2030.

Reasons to buy

- This report provides clear insight into developments in a fast growing tourist market.
- The report uses data and analysis to explore future trends related to international arrivals, airlines, and hotel developments.
- The reader gains a strong understanding of the opportunities in the country, as well as the risks, to support better business decisions.
Table of Contents
Overview
Snapshot
Key trends and new developments

Source markets
Main source markets
Source markets in focus
France
Spain
UK

Infrastructure and attractions
Airlines
Hotels
Attractions
Case study: Marrakech
Case study: Agadir

Risk analysis
Market risks and opportunities
Outlook

Appendix
Terminology and definitions
About GlobalData



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