Muslim travel to rebound by 2023 after COVID slashed arrivals by 74% in 2020 – CrescentRating
The Muslim travel market will rebound to 80% of 2019 levels by 2023 as COVID-19 becomes a part of daily life by next year and vaccinations enable tourism, forecasts CrescentRating.
The Muslim-friendly travel consultancy’s forecast is in line with a United Nations report last month that sees international arrivals stagnating this year and rebounding in 2023. The U.N. estimated the crash in international tourism led to a loss of $2.4 trillion in 2020.
In the Muslim travel sector, the number of Muslim arrivals dropped to 42 million last year from an all-time high of an estimated 160 million in 2019, said CrescentRating in its annual Global Muslim Travel Index released on Wednesday (July 14).
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later
