Riad Fever: Heritage Tourism, Urban Renewal and the Médina Property Boom in Old Cities of Morocco
by Joomi Lee (The University of Texas at Austin)
Abstract:
Recently certain hotspots for overseas property investment in rapidly urbanizing developing countries have emerged, beyond the top tourist destinations. The increasing influx of tourism-related foreign capital has been a trigger for urban regeneration of old cities in the developing world, whose architectural and historical heritage is a major attraction to foreign tourists and property investors. This article examines the socio-spatial implications of this tourism-driven property boom in Morocco, focusing on the recent phenomenon of ‘riad fever’, and the resultant urban transformation of its heritage-laden historic cities.
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