$194 billion
in outbound travel spending by 1.9 billion Muslims
(2019)
Signals of opportunities
Big
Impact
Small
Impact
Weak
Signal
Strong
Signal
Government Leaders
Investments
$340 million
in recorded travel sector investments 2019/20*
Indonesian OTA Traveloka secured a $250 million from Qatar Investment Authority and Singapore’s GIC.
UK: HalalBooking, which allows users to book Muslim-friendly hotels and villas, raised $2.5 million.
Deals
Top countries with # of related deals
COVID-19 Impact Projections
Muslim-Friendly Travel
Represented by $194 billion in outbound travel spending by 1.9 billion Muslims (2019 est.)
Top 5 Muslim travel destination countries (2019, inbound est. Muslim travelers)