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Morocco’s Tourism Revenue Plummets 44% Amid COVID-19 Crisis

– byJérôme · 1 min read
Morocco's Tourism Revenue Plummets 44% Amid COVID-19 Crisis

18.3 billion dirhams (MMDH). This is the amount published by the Directorate of Studies and Financial Forecasts (DEPF) and relating to the losses of the tourism sector due to the crisis of the new coronavirus, at the end of the first seven months of 2020, i.e. a 44.1% drop in revenue.

Revenues are down 90.1% for the month of July alone, the DEPF notes in its September economic note. Tourist arrivals and overnight stays recorded in classified accommodation establishments fell by 63.5% and 59.1% respectively at the end of June 2020.

On August 3, a 21-measure program contract was signed, covering the period from 2020 to 2022, to mitigate the adverse impact of the Covid-19 crisis on the tourism sector and accelerate its recovery. This document binds public and private actors at the national and regional level to regain pre-crisis performance.

According to the World Tourism Organization (UNWTO), 115 destinations have eased travel restrictions at the international level (or 53% of all destinations in the world). Of this group, 2 have lifted all restrictions, while 113 maintain restrictions in place.

Category: Economy
Keywords:
Encounters Hospitality Traffic Theft Deficit Coronavirus in Morocco (Covid-19)

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