Eurozone crisis hits Morocco tourism

August 2012
MEED: Middle East Economic Digest;8/31/2012, Vol. 56 Issue 35, p32
Trade Publication
The article focuses on the effect the Eurozone crisis has had on Morocco's tourism sector. It mentions statistics from Morocco's Tourism Ministry showing the number of travelers from Europe dropped from 47.7 percent in 2010 to 41.6 percent in 2011. It states tourism accounts for 8.9 percent of gross domestic product in 2011 and indirectly supports almost two million jobs. It talks about the effect a terrorist bombing in Marrakech, geopolitical problems and the economic crisis on hotel profits.


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