Jul 20, 2020 (Market Insight Reports) -- The Morocco Hospitality Market Perspective, Comprehensive Analysis along with Major Segments and Forecast, 2020-2025. The Hospitality Market report is a valuable source of insightful data for business strategists. It offers the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The report explores the current outlook in Morocco and key regions from the perspective of players, countries, product types, and end industries. This Hospitality Market study provides comprehensive data that enhances the understanding, scope, and application of this report.
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Competitive Landscape The market for Hospitality in Morocco is moderately fragmented, with the presence of numerous players, including Accor SA, Louvre Hotels Group, Wyndham Hotels and Resorts, Kenzi Hotel Group, Marriott International, Inc.
Key Market Trends
Rising Tourist Arrivals to Morocco is Driving the Market The successful implementation of policies proposed by the government as a part of Vision 2020 that aims at recording 20 million tourist arrivals by 2020 and to develop the tourism sector to become one among the top – 20 destinations of the world resulted in the growing number of the tourism sector in Morocco. The sector has been witnessing growth in arrivals since 2016. It registered an 8.3% growth rate in 2018, when compared to 2017, which was preceded by several years of weak performance, where the arrivals were up by 1.5% in 2016 and a decline by 1%, in 2015. The total tourist arrivals were 12.3 million which was 11.35 million in 2017.
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-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Morocco and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Morocco Hospitality Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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ABOUT US:Market Insights Reports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc ., Market Insights Reports provides Morocco and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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