Hospitality Market In Morocco 2024-2028
The hospitality market in morocco is forecasted to grow by USD 1678.6 mn during 2023-2028, accelerating at a CAGR of 5.8% during the forecast period. The report on the hospitality market in morocco provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by shifting preference for local and authentic experiences, increasing number of travelers opting for new types of tourism, and implementation of sustainable tourism practices by hospitality companies.
Technavio's hospitality market in morocco is segmented as below:
By Type
By Service
- Food service
- Accommodation
By Geographical Landscape
This study identifies the increase in internet access and online testimonials as one of the prime reasons driving the hospitality market in morocco growth during the next few years. Also, increase in eco-conscious travelers and increasing investments in hospitality industry will lead to sizable demand in the market.
The report on the hospitality market in morocco covers the following areas:
- Hospitality Market in Morocco sizing
- Hospitality Market in Morocco forecast
- Hospitality Market in Morocco industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hospitality market in morocco vendors that include Accor S.A., Aman Group S.a.r.l., Dar Ayniwen, Four Seasons Hotels Ltd., Hyatt Hotels Corp., Jin Jiang International Holdings Co. Ltd., Kenzi Hotel Group, Kerzner International Ltd., La Mamounia Marrakech, Louvre Hotels Group, Mandarin Oriental International Ltd, Marriott International Inc., ONOMO International SARL, Palais Faraj Suites and Spa, PALAIS SHEHERAZADE and SpA, Rotana Hotel Management Corp., Royal Mansour Marrakech, SELMAN MARRAKECH, and Wyndham Hotels and Resorts Inc.. Also, the hospitality market in morocco analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.