• Groupe du Louvre looks to Morocco

Groupe du Louvre is reported to be planning to add around 20 hotels to its portfolio in Morocco within the next five years.

President Pierre-Frédéric Roulot said: "The Moroccan market is currently predominated by luxury hotels; thus, we see a number of opportunities both for budget hotels and for middle-end and high-end hotels." Groupe du Louvre has a portfolio of five hotels under the Golden Tulip flag in Morocco.

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