Risma stock expands Moroccan hotel portfolio ahead of 2030 World Cup

Risma is broadening its Moroccan hospitality portfolio as the country accelerates tourism investment ahead of the 2030 FIFA World Cup. The company has completed acquisitions linked to the Tangier Corniche development and CMG, owner of the Radisson Blu Marrakech Carré Eden hotel and adjoining mall, according to the Ghana News Agency.

Portfolio moves target tourism growth

The two acquisitions were valued at 67 million US dollars. Risma also sold Sofitel Casablanca Tour Blanche to Pickalbatros for 46 million US dollars. In April 2026, the Moroccan group strengthened its partnership with Accor on hotel renovations, repositioning projects and the Tangier Corniche development.

The transactions place Risma within a broader investment cycle in Moroccan tourism. The country's Tourism Ministry plans to add 60,000 hotel beds before the 2030 tournament, while international operators are expanding their local presence. A Morocco Showcase investment event is scheduled for November 26 in Casablanca, with hospitality, mixed-use development and tourism infrastructure on the agenda.

What the expansion means

Risma's acquisitions increase its exposure to established hotel assets and a development site in a market preparing for stronger visitor flows. The strategy also shifts attention from individual properties to portfolio positioning, although execution will depend on renovation progress, development timing and demand after the tournament.

The company operates in a market where global and regional hotel groups are adding capacity. Radisson is expanding its Moroccan network, while Pickalbatros is building a larger local portfolio. Risma remains a Moroccan owner and operator with a more concentrated domestic footprint than those international or regional competitors.

Risma's business and competitors

Risma is a Casablanca-based Moroccan tourism and hotel company. According to Investing.com, it operates 27 hotels in 11 Moroccan cities under MGallery, Sofitel, Novotel, Mercure, Ibis and Ibis Budget brands. Its model combines hotel ownership and operation across luxury, midscale and economy segments. Radisson and Pickalbatros are named competitors in Morocco, with Radisson representing an international chain and Pickalbatros a regional hotel group.

Morocco's broader market backdrop is covered in Current market reports.

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