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Rabat – Morocco’s tourism revenues reached MAD 71.1 billion or $6.77 billion by the end of October 2022.
The number shows a significant improvement of 148.9% compared to -0.6% a year earlier, according to the Department of Studies and Financial Forecasts (DEPF).
Tourism revenues also increased by 6.1% compared to the pre-crisis level after +3.5% a month earlier and -57.4% at the end of October 2021.
“After reaching a record level in the third quarter of 2022, i.e. 34.8 billion dirhams ($3.31 billion), an improvement of 240.6% in one year and 30.6% compared to the same quarter of 2019, tourism receipts continue their momentum,” DEPF said.
DEPF also reported a major recovery in tourist arrivals to Morocco during the summer season this year.
The recovery rate of tourist arrivals compared to their pre-crisis level reached 93% during the period from June to September 2022.
This recovery rate was 101% in September 2022 and reached 91% for both arrivals and overnight stays, after 88% and 71% respectively in the second quarter of 2022, DEPF explained.
Morocco recorded 7.7 million tourist arrivals as well as 13.3 million overnight stays in classified accommodation facilities in the nine first months of 2022. The numbers represent a 76% and 69% increase, respectively, compared to their pre-crisis level.
Compared to last year, arrivals and overnight stays have strengthened by 173.5% and 99.3%, respectively.
The tourism industry is one of the key sectors that contribute to Morocco’s economy.
Data from Statista said that the travel and tourism sector contributed around $9 billion to the country’s gross domestic product (GDP).
The North African country is seeking to implement more action to improve the sector, which witnessed setbacks due to COVID-19-induced travel restrictions during COVID-19.
The government has allocated MAD 2 billion ($190 million) to support the recovery of the tourism sector.
