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Latest Jul 20, 2026
Global Real Estate Intelligence is a neutral index of publicly available research. All rights in Morocco World News’s work remain with Morocco World News; we link to the original.
Morocco is planning a significant expansion of hotel capacity in preparation for hosting the 2030 FIFA World Cup.
Morocco's state railway operator ONCF, which had held over 50% of La Mamounia -- Marrakech's storied 135-room, 71-suite luxury hotel -- sold its majority stake to state-owned phosphate group OCP for 1.7 billion dirhams ($173 million), retaining under 10%. OCP becomes the controlling shareholder, having previously held about 40%. The sale is part of Morocco's broader divestment of non-strategic government assets while keeping the hotel under Moroccan ownership; La Mamounia posted MAD 226 million ($23 million) in net profit the prior year.
Property types that turn up most often in Morocco World News’s published research.
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