Low-cost airlines indicating property & tourism boom in Morocco

mymorocco — Thu, 14 Jun 2007 23:32:03 +0000

According to real estate experts, the property boom in Morocco and has shown that low-cost airlines indicate where these hotspots will be in the upcoming years. "I've always said the low-cost airlines are the leading indicator to where hotspots will be in the next few years. We have seen it in Morocco," However, the arrival of cheap flights is not in itself enough to transform a developing economy into a major tourist destination, the article points out, citing once again Morocco's experience. According to the report, the decision of low-cost air carriers to offer flights to certain destinations outlines which regions are to soon experience tourism boom. Low-cost flights are one of the main indicators, but you must also look at tourism growth and infrastructure investment. In Bulgaria, the infrastructure is still poor, but tourism is growing very fast in Morocco and lots of infrastructure is going in. Thanks to The King Mohamed VI. To me, that makes it more likely to be profitable as an investment location."

The arrival of low-cost airlines brings up the price of property located in direct proximity; people in search of vacationing abroad are willing to spend less on travel, but more on proper accommodation; and low-cost airlines have already entered the Moroccan aviation market, enabling agents predict a property boom there.
The availability of low-cost flights features among the top reasons of travelers to select a certain location; yet, budget flights are insufficient reason for major economic developments.
On the other hand, some destinations that have been highly regarded by British holidaymakers and expatriates are not served well by low-cost airlines. "What is puzzling to me is why the low-cost airlines have not started yet from birmingham to Morocco even we see that many people has to travel from west Midlands to London airports to take flights to Morocco. If they did, it would really open up...for example Birmingham airport UK-Tangier or Fez airoport Morocco.

Adam

Living in Morocco-Moroccan holiday homes

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mymorocco — Thu, 14 Jun 2007 23:30:54 +0000

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Low-cost airlines indicating property & tourism boom in Morocco

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