Morocco Looks to World Cup to Fuel Planned 80% Boost in Tourism [BNN Bloomberg (Canada)]
Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY)
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Source: BNN Bloomberg
Authorities have a target of boosting the number of visitors yearly by at least one million through 2030, bringing the total number to 26 million compared with 2023's 14.5 million, Tourism and Handicrafts Minister Fatim-Zahra Ammor told Bloomberg in an interview. Football's World Cup Is Coming to North Africa for First Time The plan is key for the economy of Morocco, which is still working to recover from the impact of last year's devastating earthquake and is looking to attract new funds through investor incentives. It's co-hosting the football championship with Spain and Portugal, and sees that as “a formidable opportunity” to develop tourism, Ammor said. “The new objectives are quite a big challenge” and the adoption of a “whole ecosystem” is needed to ensure they are met, she said. Read More: Quake-Struck Morocco to Spend Nearly $12 Billion on Recovery Morocco last year started doubling the number of foreign flights serving the kingdom and reached an agreement with Ryan
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