Egyptian Hotel Giant Albatros to Invest $140 Million in Agadir Tourism Expansion

$140 million. This is the amount that Albatros intends to invest in the tourism sector in Agadir over the next two years, with the aim of increasing its hotel capacity to reach an impressive total of 2,000 rooms compared to nearly 1,400 rooms currently available. It is also a question of boosting Moroccan tourism. The group will not only create new job opportunities, but it will also contribute to the economic growth of the kingdom.

In an interview with an Egyptian television channel, Kamal Abou Ali, President of Albatros, explained the choice made on the city of Agadir. This Moroccan city is the favorite destination of many Moroccan and foreign tourists. This is evidenced by the tourism statistics of the kingdom during the first half of the current year. In the first half of 2023, the airports of Marrakech, Casablanca and Agadir welcomed no less than