Tourism receipts up 6.1% compared to their pre-crisis level

Tourism receipts reached 71.1 billion dirhams (MMDH) at the end of October 2022, strengthening compared to the previous year by 148.9%, after -0.6% a year earlier, indicates the Department of Studies and financial forecasts (DEPF). Compared to their pre-crisis level, they appreciated by 6.1%, after +3.5% a month earlier and -57.4% at the end of October 2021, specifies the DEPF in its economic note for the month of December. Indeed, tourist receipts are continuing their momentum, marking a performance in October of +142.1%, year-on-year, and +29.1% compared to October 2019. “After reaching a record level in the third quarter of 2022, i.e. 34.8 billion dirhams, an improvement of 240.6% in one year and 30.6% compared to the same quarter of 2019, tourist receipts continue their momentum”, underlines the DEPF. Tourist arrivals to the “Morocco” destination were also characterized by a remarkable recovery during the summer period. Their recovery rate compared to their pre-crisis level was 93% during the period from June to September 2022. This recovery rate was 101% in the month of September 2022 and reached 91% for both arrivals and for overnight stays, after 88% and 71% respectively in the 2nd quarter of 2022, notes the DEPF. At the end of the first nine months of 2022, tourist arrivals stood at 7.7 million tourists and overnight stays in classified accommodation establishments at 13.3 million overnight stays, i.e. respectively 76% and 69% of their pre-crisis level. Compared to last year, arrivals and overnight stays have consolidated by 173.5% and 99.3% respectively. LNT with MAP To go further