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)
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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