Insights and Reports
Since the downturn of 2009, global tourism has grown by over a third (37%) in inflation- adjusted terms, outpacing world GDP which grew by just a fifth (21%) in the same period.
Over 10% of global tourism spending is spent by international Muslim travellers, from all corners of the world. In 2015, this Muslim travel market accounts for $145 billion of international tourism spending. This report looks at the economic impact of this spending, across 19 individual economies, plus Europe.
The Global Economic Impact of Muslim Tourism report is a new research paper published by Salam Standard, the new hotel standard and reference tool dedicated to the needs of Muslim travellers. The aim of this inaugural report is to increase the understanding of the economic impact of this fast-growing market segment. This executive summary reveals the findings of the economic impact of the Muslim tourism industry in the United States. The full paper will be released in Q4, 2016, providing a true global perspective of the growing importance of the Muslim travel sector.