Travel agents in Morocco are trying to make their destinations more attractive to tourists as the country’s tourism industry has fallen into disrepair and the country is on the brink of bankruptcy.
In the capital Rabat, where Wakanows boutique and resort have been in operation since the early 1970s, a series of hotel expansions has allowed the business to grow.
In December, Wakanoes boutique hotel opened in Casablanca.
The hotel has been converted into a hotel and restaurant with a focus on the Middle East, and is scheduled to open in the next few months.
The hotel’s opening comes just weeks after the Wakanower travel agency said its revenues would fall 3.5 percent for the year, after an eight-year period of expansion.
The company said in a statement on Wednesday that its results for the fourth quarter were down 3.1 percent from a year earlier.
Wakanower said the losses were due to the fact that the hotel had to lay off 1,500 workers and that the company lost money on new business in Morocco.
It said that the losses in the year ended Dec. 31 were primarily due to losses in business travel.
The Wakanowers hotel has a full service bar and restaurant and offers both buffet and seated dining options.
The Wakanotew travel agency says it has more than 20 locations in Morocco, including a new location in Rabat.
The tourism industry is reeling from a series the country experienced in the 1970s and 1980s, when a war in neighboring Algeria caused a collapse in tourism, according to the Wakanicor travel agency.
Since then, Morocco has seen an economic rebound that has helped it emerge as a hub for tourism and development, according the travel agency’s website.
A Wakanowan in Rabats boutique hotel has the logo of the Wakancanower brand on the floor.
The country has a reputation as a haven for luxury tourism and has hosted several luxury brands, including designer Gucci and French luxury retailer LVMH.
The country has also emerged as a destination for the Middle Eastern and North African markets, especially in the Middle West, where a booming middle class has pushed up tourism spending.
Morocco’s economy has grown steadily over the past three years, and according to figures released last month, it was the fastest growing in the Arab world.
Its GDP grew by 6.4 percent in the third quarter from a previous year.