A good time to invest in Morocco?
Is this a good time to invest in Morocco?
This is one big question that
must be playing on several minds right now.
And it’s due to the fact that
respected hotel chain, Radisson, has increased its footprint in that beautiful
country with four more hotels.
They are located in Al Hoceima,
Taghazout Bay, Saïdia, and speaking about them, Tim Cordon, Area Senior Vice
President, Middle East & Africa, at Radisson Hotel Group, said, “We’re
delighted to be boosting the presence of our flagship Radisson Blu brand as
well as our resorts and serviced apartment offerings across Morocco. Morocco is
one of our key focus markets in Africa where we’re looking to reach 15 hotels
in operation and under development by 2025. Offering a base to disconnect in
the continent’s number one surf village in Taghazout Bay or soak up the rich
culture and superb scenery in Al Hoceima and Saïdia, the addition of the
residence and three resorts perfectly complements our current footprint in the
country. Travelers can now look forward to experiencing our Yes I Can!
hospitality while enjoying endless tranquillity and relaxing summer days
whether on a family holiday, romantic getaway, or solo vacation.”
So is it pragmatic to go and
invest in Morocco the way Radisson is, because their investment is an
indication that a killing can be made there?
That remains the big question.
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