As of June 30, 2025, RISMA's revenue stands at 653 million MAD, reflecting a 9% increase compared to the first half of 2024. The occupancy rate is at 58%. In the second quarter alone, revenue reached 375 million MAD, also up by 9%.
Investments have surged to 223 million MAD, a significant rise from 24 million MAD in the second quarter of 2024. This increase is attributed to the acquisition of new land in Tangier and ongoing renovations. RISMA continues to invest in upgrading all its assets to meet the highest industry standards.
As of June 30, 2025, net debt is recorded at 1.184 billion MAD, showing stability with a slight increase of 6 million MAD compared to June 30, 2024. The cash flow generated from operations has effectively covered both investments and dividends.
Looking ahead, the performance in the second quarter of 2025 reinforces the results from the first half of the year. Indicators for summer 2025 suggest an upward trend in annual performance, despite some rooms being closed for renovations.
Additionally, with the acquisition of the Tangier land completed in the second quarter of 2025 and the expected finalization of the acquisition of CMG (which includes the Radisson Blu Hotel and Carré Eden shopping center in Marrakech) in the second half of 2025, 2025 marks a significant recovery in RISMA's external growth.
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