the rise of halal conscious travellers and its impact on the global hospitality industry

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Singapore Expo 22 nd April 2010 FHA 2010 – Hospitality Operations & Design Conference The Rise of Halal Conscious Travellers and its Impact Hospitality Operations & Design Conference 2010 Singapore Expo 22 nd April 2010 Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry Fazal Bahardeen CEO, Crescentrating

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The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry By Fazal Bahardeen - CEO, Crescentrating At the Hospitality Operations & Design Conference 2010 - Singapore Expo, 22nd April 2010

TRANSCRIPT

Page 1: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

The Rise of Halal Conscious Travellers and its Impact

Hospitality Operations & Design Conference 2010

Singapore Expo

22nd April 2010

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVEDCopyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

The Rise of Halal Conscious Travellers and its Impact

on the Global Hospitality Industry

Fazal BahardeenCEO, Crescentrating

Page 2: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Why take a serious look at this market segment

What are their unique needs and how can they be accommodated

Halal Conscious Travellers

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

What are their unique needs and how can they be accommodated

How to promote these facilities & services while

balancing the needs of the other market segments

Page 3: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Halal (products & services) Basics

� Halal : Permissible for use by Muslims, as opposed to non-Halal /

Haram (Not permissible for use by Muslims)

� Halal : goes well beyond Food

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

� Values behind Halal : also attracting non-Muslim consumers

� The vast majority of producers of Halal products & services in the world

are MNCs

Page 4: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

The Halal “market”

� 1.6 billion Muslims - representing 23% of world population and

growing (based on PewResearchCenter of USA – October 2009)

� Increasingly Halal conscious

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

� Their search for “Halal” products goes well beyond Food

� Given the choice, will choose a more “Halal” option ; more and

more Halal options available now across many industries

An industry now estimated beyond USD 2 Trillion

Page 5: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Some facts & figures

� Halal Food market : +US$600 billion globally ; 16% of world food market

� Islamic finance industry : growing at 15% ; could reach US$4 trillion in five years up

from US$500 billion in 2008 ; Moody’s Investors Services

� Nestle : US$ 3.6 billion sales from Halal Products

� New Zealand : worlds biggest exporter of Halal Lamb

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

� Netherlands: Rotterdam port – one of the biggest Halal warehouses

� Brazil : a substantial percentage of its meat exports are Halal products.

� Malaysia / Thailand : aggressively positioning itself in the Halal market

� Halal Conferences & Exhibitions : fast growing phenomenon

� Websites on Halal issues : exponential growth

� Google searches on “Halal” : recording a massive increase

Page 6: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Extends to a whole spectrum of industries

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

Food and Beverages

Pharmaceuticals

Beauty & Wellness

Banking

Investment Banking

Wealth Management

..in the brink of another major Halal industry

� Halal Friendly Travel and Hospitality

Page 7: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Potential Halal consious

market making up an

increasing

share 4.0%

6.0%

8.0%

1995

2000

2006

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

share of the Total Tourism

expenditure

0.0%

2.0%

4.0%

% of Total Tourism Expenditure

2006

2007

Within 2 to 3 years it will be a USD 100 Billion industry

Page 8: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

How the Industry is reacting ….

Thailand, Hong Kong,

Dusit Hotel Group

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

Dusit Hotel Group

Gold Coast,

Korea, China

Page 9: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Hotel industry

Halal Food industry

Medical Tourism

Tour and travel operators

Gives many opportunities for innovation …

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

Tour and travel operators

Airline Industry

……..…

… to cater to the needs of these travelers

Page 10: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Why take a serious look at this market segment

What are their unique needs and how can they be accommodated

Halal Conscious Travellers

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

What are their unique needs and how can they be accommodated

How to promote these facilities & services while

balancing the needs of the other market segments

Page 11: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

What are Halal Friendly facilities and services for Hotels ?

� Halal food services

� Salaath (Prayer) facilitiesNeed to Have

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

� Guest bathroom facilities

� Ramadhan (fasting) facilities

� Recreation facilities and services

� No non-Halal activities

Good to Have

Nice to Have

Page 12: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Halal food - Assurance

Self Assurance

Self Assurance + (Muslim owners / use Halal certified products)

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

Kitchen Certified Halal

Restaurant Certified Halal

Page 13: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Halal food services ?

A Halal certified Restaurant / Kitchen

A Halal certified Breakfast corner / on request

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

A list of the nearby Halal certified restaurants

A Halal certified Breakfast corner / on request

Halal option in the room service menu

Page 14: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Prayer facilities ?

Prayer direction

Prayer Timings

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

A list of the nearby Mosques

Prayer Timings

Prayer Mats

Page 15: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Water usage in the Guest washrooms

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

Ramadhan Facilities

Page 16: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Why take a serious look at this market segment

What are their unique needs and how can they be accommodated

Halal Conscious Travellers

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

What are their unique needs and how can they be accommodated

How to promote these facilities & services while

balancing the needs of the other market segments

Page 17: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference IISTHAL 2009

8th December 2009Islamic Tourism and Halal Conscious Travelers

A Pioneering effort to facilitate the

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVEDCopyright © 2009 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVEDPresentation by: Fazal Bahardeen

A Pioneering effort to facilitate the

growth of this market segment

Page 18: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Rating system on the level of Halal

friendly facilities

+Crescentrating

The two Core products

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

Travel Portal dedicated to

the needs of the Muslim

traveler

+www. crescentrating.com

Page 19: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Crescentrating

A rating standard for travel and tourism facilities and services

for its Halal friendliness

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

� Already launched the Hotel Crescentrating product

� Plans to launch Crescentrating for Restaurants, MICE venues, &

Cruises

� Other areas for Crescentrating under review

Page 20: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Halal friendly requirements

Helpful Accommodates Specializes

Crescentrating for Hotels

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

Helpful Accommodates Specializes

Does not require any changes to the existing services to

other customers

� Salaath (Prayer) facilities

� Halal food services

� Guest bathroom facilities

� Ramadhan (fasting) facilities

� Recreation facilities

and services

� Non-Halal activities

Page 21: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Our website

� Listing of all Crescentrated Services and facilities (Hotels,

Resorts, Cruises etc)

� Specifically highlighting the Halal friendly services and

facilities (Creation of unique Icons)

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

facilities (Creation of unique Icons)

� Country Guides / City Guides developed to suite the

requirements of this market segment

� Airport Guides

www.crescentrating.com

Page 22: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Unique set of Icons

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

More to come for Airports, Hospitals, MICE venues

Etc..

Page 23: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Crescentrating Guides to come

Restaurant Crescentrating Guide

Theme parks Crescentrating Guide

Shopping Malls Crescentrating Guide

Attractions Crescentrating Guide

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

Attractions Crescentrating Guide

MICE facilities Crescentrating Guide

Cruise ships Crescentrating Guide

Medical Tourism Crescentrating Guide

All developed to satisfy the needs of the Halal conscious traveler

Page 24: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

Conclusion

�Halal Friendly Travel & Hospitality is set to be the next big Halal industry

� Will be USD 100 B market in the near future

� A huge opportunity for innovation and Pioneering

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

At Crescentrating, we are committed to leading & facilitating

the development of Halal Friendly Travel and Hospitality services & facilities

to benefit the travelers, the service providers, destinations, ...

Page 25: The Rise of Halal Conscious Travellers and its Impact on the Global Hospitality Industry

Singapore Expo22nd April 2010

FHA 2010 – Hospitality Operations & Design Conference

www.crescentrating.com

www.twitter.com/crescentrating

You can now follow us

Presentation by: Fazal Bahardeen Copyright © 2010 CRESCENTRATING PTE LTD. | ALL RIGHTS RESERVED

Thank You