Rotana, one of the leading hotel management companies in the Middle East region, is investing in the Moroccan market. The group announced on Wednesday the signing of a management agreement to operate the emblematic Palmeraie Resort in Marrakech. Located in the heart of the palm grove of Marrakech, the Palmeraie …
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The works for the development of a gigantic outlet should start shortly in Tétouan. The project led by the Tangier Med group will be spread over thirty hectares which will be ready by the end of this year. One of the first brands to set up shop is Ikea. His …
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In partnership with Accor, Risma opens this Friday the 5th ibis hotel in Casablanca and the 15th of the brand in Morocco. This new opening in the middle of the business district confirms the evolution of the brand towards a “Lifestyle” positioning and resolutely in tune with the times. The …
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The Pestana hotel group continues its development strategy in Morocco. After Casablanca and Marrakech, the Portuguese hotelier announces the opening of a unit in Tangier in 2020. No details are made on the number of rooms or the amount of investment. As a reminder, the group already operates a hotel …
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Leading digital real estate site Mubawab has announced a new $ 7 million fundraiser from Emerging Markets Property Group (EMPG), a Pakistani real estate group based in the United Arab Emirates. “Mubawab, through the EMPG Group, has just raised another $ 7 million in funding. This fundraising will allow the …
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KW Anfa is the new Market Center concept launched by the American Keller Williams in Casablanca. Inaugurated on Tuesday January 7, KW Anfa is located in the heart of the Racine district, on Boulevard Anfa. It covers almost 400 m². Designed as a mix between a traditional agency and a …
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The online hotel booking platform “Booking.com” is committed to aligning its practices regarding the presentation of offers and prices with European Union (EU) law, the European Commission said on Friday. “Following dialogue with the European Commission and national consumer protection authorities, Booking.com has committed to changing the way it presents …
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American Travel Magazine “Big 7 Travel” published an article about the 50 friendliest cities in the world. Morocco’s largest and most crowded city, Casablanca, earned the 49th spot on the list. “With a thriving market square that’s home to the city’s Medina, it’s easy to get lost here, but residents …
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Marriott International, Inc. announced plans to open more than 30 luxury hotels in 2020, including Morocco. “In the coming year, the brand is expected to bring its legendary service to Morocco for the first time, with the planned opening of the Ritz-Carlton Rabat, Dar es Salaam in the dynamic capital …
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Real estate in Morocco will revive thanks to crowdfunding, an alternative financial ecosystem, whose legislative framework was approved in parliament. While the real estate sector is going through cyclical downturns marked by a slowdown in sales and large unsold inventories, new financing mechanisms (crowdfunding, REIT…) are coming. From 2020, the …
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