Moroccan Hotels Face $20 Million Loss After Thomas Cook Collapse

Bad news for Moroccan tourism. This situation affecting the Moroccan tourism sector is unprecedented. According to the words of the president of the CNT, reported by the news agency Reuters, this bankruptcy will also cost the kingdom about 100,000 tourists. Deploring the lack of any pre-negotiated insurance contract to deal with such a situation, the president has his eyes turned to the government to mitigate the adverse effects of this crisis. To this end, he pleads for the government to come to the aid of the hotels affected by this bankruptcy.

To respond to the president’s call, the same media announces the creation of a crisis unit, composed of ministry officials, as well as professionals from the CNT and teams from the Moroccan National Tourist Office (ONMT), installed on Monday, September 23, 2019, at the Moroccan Ministry of Tourism to "monitor and supervise the repatriation of thousands of clients of Europe’s oldest tour operator".

From the report drawn up by this cell, there are 600,000 clients who must be repatriated from around the world, including 150,000 British tourists. It should be noted that the English company operated two flights per week between Manchester and Marrakech and had a partnership with about 50 hotels in Marrakech and Agadir.