Leading Muslim Travel Platform Unveils The Next Phase of Muslim Travel Report, Highlighting The Impact of Inflation, Sustainability And Generative AI On Millennial Muslim Travellers in Southeast Asia
- Rising travel costs due to inflation are the top concern for Millennial Muslim travellers in Singapore, Malaysia and Indonesia
- Change in destination preferences, with increasing interest in travel within Southeast Asia
- Varied adoption of generative AI across three markets with a lower confidence level in Muslim-specific travel recommendations by generative AI
HHWT launches new product features to enrich the user experience of Muslim travellers
Have Halal, Will Travel (HHWT), the leading travel and lifestyle platform catering to Muslims across Asia, released The Next Phase of Muslim Travel report during its Deep Dive event on Friday, 11 August 2023. This report examines the impact of global trends – inflation, sustainability, and generative AI – on Millennial Muslim travellers within Singapore, Malaysia, and Indonesia.
With a commitment to understanding and addressing the evolving needs of Muslim travellers, HHWT’s Deep Dive series aims to unlock the vast potential of data insights from the key verticals that make up the Muslim market. The company hopes to share knowledge to empower brands and governments to make better decisions when segmenting, targeting and positioning their products and services.
The comprehensive findings of the report shed light on the behaviours and preferences of this influential demographic across the region as a result of global trends. Among the notable insights revealed in the report:
Rising travel costs due to inflation are a top concern across three markets
The escalating concern over rising travel costs emerged as a prominent theme across all three markets. Surprisingly, the report disclosed that 9.9% (Singapore), 11.9% (Malaysia) and 26.7% (Indonesia) of Muslim travellers would spend less on travelling. Furthermore, the majority of respondents expressed a strong inclination to embark on international journeys, with 84% (Singapore), 68.2% (Malaysia) and 48.1% (Indonesia) of Muslim travellers likely to travel internationally in the next 12 months.
Tengku Suzana, co-founder of HHWT, says, “Despite concerns over rising travel costs, there’s still a strong demand and desire to travel among Millennial Muslim travellers. These travellers would rather travel during off-peak periods and plan their trips around enticing travel discounts instead to manage surging costs. This is an opportunity for brands to run campaigns all-year round instead of focusing on peak travel periods. The majority of Millennial Muslim travellers go on trips with their immediate family with kids younger than seven years old, so they would be more flexible to travel any time of the year. At HHWT, we have been highlighting ways that travellers can enjoy value-for-money experiences to get the most out of their trip since the purchasing power is most likely eroded by inflation.”
Interestingly, there is a shift in concerns about contracting Covid-19 while travelling, taking a backseat for all three markets.