| Name | Risma |
|---|---|
| Sector | Hotels and tourism |
| Listed | Casablanca Stock Exchange, since 2006 |
Who is Risma?
Risma is a hotel investment company. It develops and owns hotels in Morocco run under Accor brands (such as Sofitel, Novotel and Ibis) in the main tourist and business cities. Its model: invest in hotel buildings and let a major international operator run them. Its results therefore depend directly on occupancy rates and room prices.
A share linked to the tourism cycle
Hit hard during the health crisis, Risma then benefited from the strong recovery in tourist arrivals and from business tourism.
Growth drivers
- Growth of tourism in Morocco, helped by more flights and promotion.
- Big events such as the 2030 World Cup.
- Renovation and expansion of its hotels.
- Business tourism and conferences.
Risks to watch
- External shocks: health, political or economic crises quickly reduce visitors.
- Heavy investment and debt.
- Competition from new hotels and short-term rentals.
Key figures to follow
Hotel occupancy rate, average room price, revenue per available room (RevPAR), national tourist arrival figures, debt and dividend policy.
Frequently asked questions
Which hotels does Risma own?
Risma owns a portfolio of hotels in Morocco run under Accor brands. The up-to-date list is in its annual report.
Does Risma pay a dividend?
Dividends are voted each year by the general meeting, depending on results.
This article is for information and educational purposes only. It is not investment advice or a recommendation to buy or sell any security. Investing in shares involves a risk of capital loss. Check figures against official sources (Casablanca Stock Exchange, AMMC) and consult a licensed professional. Read the full disclaimer.
