The DEPF confirms this in its latest economic report
Tourism
Referring to the DEPF, tourist receipts posted a peak of 166.1% at the end of 2022, thus standing at around 91.3 billion dirhams.
Tourism receipts maintain their upward trend. At the end of 2022, the amounts generated exceeded their pre-crisis level by 15.9%, following posting a drop of 56.4% a year earlier. This is what emerges from the latest economic report from the Department of Studies and Financial Forecasts (DEPF).
“Indeed, the growth of tourism receipts compared to the achievements of 2019 continued to consolidate from quarter to quarter, reaching an increase of 56.4% in the fourth quarter, following +30.5% in the third quarter, +1, 3% in the second quarter and a decline of 38.1% in the first quarter,” reads the DEPF publication. Year-on-year, tourism receipts peak at the end of 2022. An increase of 166.1% was observed in this respect once morest a drop of 5.9% a year earlier, i.e. a total amount of 91.3 billion dirhams. . With regard to overnight stays, they crossed the 19 million threshold, thus recovering 75.2% of their pre-pandemic level, i.e. 63% for non-resident tourists and 101% for resident tourists.
“In annual variation, the volume of arrivals and overnight stays in Morocco increased respectively by 192 and 106.7% at the end of 2022”, explains the DEPF in its economic note. The DEPF also notes a reduction in overnight stays in classified accommodation establishments. Their decline was thus around 5.9% in the fourth quarter of 2022 following drops of 9.8% observed in the third quarter of 2022, of 29.1% in the second quarter of 2022, of 62.4% in the first quarter and by 58.8% in the last quarter of 2021. The DEPF also indicates that the number of arrivals to the Morocco destination increased significantly in the fourth quarter of 2022 compared to the pre-crisis level.
A strengthening of 13.9% was observed in this direction, following declines of 9.4% in the third quarter of 2022, of 12.5% in the second quarter of 2022, of 65.4% in the first of 2022 and of 67.4% in the first quarter of 2022. % in the fourth quarter of 2021. Referring to the DEPF, this change covers an increase in the number of arrivals of Moroccans residing abroad by 39.9% as well as an attenuation of the decline in that of foreign tourists (TES) to – 1.4% in the last quarter of the year following -13.4% a quarter earlier.
