Leisure Is the Main Reason for Muslims’ Traveling, 2016 | MasterCard & CrescentRating
Consumer Behavior | Global
There were 117 million international Muslim visitor arrivals in 2015 and this number is predicted to reach 168 million by 2020. When it comes to traveling, the majority of Muslims are traveling for leisure which includes visiting friends and relatives (VFR). Business and religious (Hajj & Umrah) travel ranks the second place with a rate of 10% for both.
Mastercard
Financial Services
Mastercard (NYSE: MA), is a technology company in the global payments industry. Mastercard's global payments processing network connects consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. The company products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone.
