Islamic Lifestyle

Halal travel sector becoming increasingly digitised, beach resorts showing ’strong investment case’: study

11 Nov 2018
Infographic

Halal travel sector becoming increasingly digitised, beach resorts showing ’strong investment case’: study

The halal, or Muslim-friendly, travel sector is becoming increasingly digitised with ventures into artificial intelligence (AI) and virtual reality (VR), and a key growth opportunity is in beach resorts, said new report the State of the Global Islamic Economy 2018/19.

The study estimated total Muslim expenditure for travel to be $177 billion in 2017 and forecasts it to grow 7.6 percent to oreach $274 billion by 2023. 

The report said the digitisation of Muslim-friendly travel is expanding to sub-sectors that were previously bureaucratic, including haj and umrah. 

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tags:

SGIE 2018