Cristiano Ronaldo Invests in Morocco’s Tourism Sector

Real Madrid star Cristiano Ronaldo “CR7” is to inaugurate a hotel in Casablanca as part of a series of other tourism resorts he is planning g to acquire in the North African country.

The information, kept secret, was blown by Casablanca-based Arabic daily Al Akhbar.

According to the daily the Portuguese superstar has acquired a posh hotel in the Moroccan economic capital and is reportedly expected in the city for its inauguration.

The hotel situated on the Corniche Boulevard is undergoing makeover and name changing. Even workers on the site are not aware of the change of owner, the daily notes.

Room rates at the hotel can reach 4,000 dirham (about $400) and plus.

Ronaldo himself may travel to Casablanca for the inauguration.

The now most well paid world sportsman (82 million euros) has chosen tourism for his business investments. The 32-year old is also looking to own other hotels in Marrakech and Agadir, according to the daily.

The four times world best player in December 2015 joined forces with Portuguese hotel chain Pestana for the building of four hotels in Madeira, Lisbon, Madrid and New York under the brand “PestanaCR7”, Portugalresident.com reports.

The young millionaire is to inaugurate four other hotels in Ibiza Island, Spain.