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Alami Lazraq signs $320M deal with Rixos to build luxury resorts
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Alami Lazraq signs $320M deal with Rixos to build luxury resorts
Moroccan property magnate Alami Lazraq is making a renewed bet on the country’s fast-rising tourism industry, signing a 3 billion-dirham ($320 million) deal with Rixos Hotels to build a new wave of luxury resorts across the kingdom.The agreement, inked in Casablanca last week by Lazraq, head of Alliances Group, and Rixos founder Fettah Tamince, lays out plans for three major developments: Rixos Marrakech, Alliée Marrakech, and Rixos Lixus Larach…
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