ITB Asia has extended its partnership with CrescentRating to deliver another exclusive insights programme into the multi-billion dollar Muslim travel market.
According to findings from the MasterCard-CrescentRating Global Muslim Travel Index (GMTI) 2017, the sector is estimated to reach US$220 billion in 2020 and more than 50% of Muslims are under the age of 30 years.
The MasterCard-CrescentRating Muslim millennial travel report will be released at the second “Halal In Travel – Asia Summit 2017” which will be held as part of this year’s ITB Asia on 26 October 2017 at the Sands Expo and Convention Centre, Marina Bay Sands.
The dedicated conference will offer keynote speeches and a panel discussion with social media influencers on how younger Muslim travellers are engaging with travel brands.
Katrina Leung, executive director of Messe Berlin (Singapore), the organiser of ITB Asia, said: “With the Muslim travel sector emerging as one of the influential travel niches in the global marketplace, we are delighted to partner with CrescentRating once again to shed more light on the challenges and opportunities in this evolving sector.
“Delegates attending ITB Asia from all over the world can look forward to gain in-depth insights on how to strengthen their position in the halal tourism industry.”
Fazal Bahardeen, CEO of CrescentRating and HalalTrip, added: “We are looking forward to building on last year’s successful foundation with ITB Asia and deliver another ground-breaking event where innovative voices come together.
“We are creating another exciting programme which includes insights into the sector especially looking at key profiles and behaviours of younger Muslim travellers, so that destinations and businesses can expand their offerings for this emerging segment.”