Preserving Luxury in Halal Tourism Nabeel Shariff BA MCIM Director Serendipity Tailormade & Luxury Halal Travel Religious Tourism Muslim Friendly Travel Halal Halal Tourism Muslim only resorts Friendly Segregated Holidays Travel Spiritual Tourism Shariah Compliant Halal Friendly Travel “Experiences for the Muslim traveller which enable him or her to consciously maintain one or several aspects of their faith” Food Preparation Prayer Facilities Non-Alcohol Environment Muslim friendly activities Private Facilities “Luxury must be comfortable, otherwise it is not luxury” Coco Chanel The Traditional Luxury Market Approach Level of importance Opulence Fringe Benefits Decision shifter (Loyalty) Morality Core Needs (Sustenance & Environment) The halal friendly luxury market Opulence Currently a luxury for the Muslim market Morality Decision shifter (Halal Friendly & Trust) Core Needs (Sustenance & Environment) Level of importance Fringe Benefits Are Muslim travellers really interested in luxury? Yes! However luxury travel consumption is dependent on : Higher than average disposable income Socio-economic influences Access to communication and marketing messages Source : The future of the global Muslim population, Pew Research Centre , 2011 Source : The future of the global Muslim population, Pew Research Centre , 2011 Is there a difference between marketing luxury to Muslims and non-Muslims? “It was concluded that although implementing a marketoriented culture is central to the marketers’success, it is not right to just focus on religion as a separating factor that can isolate the Muslim market. It was suggested to change one’s viewpoint and analyze the market with a broader vision that can bring innovative ideas and also find similarities and differentiations between Islamic luxury markets with nonIslamic luxury markets.” Teimourpour & Hanzaee 2013, An analysis of Muslims’ luxury market in Iran The Angels Peninsula: The first luxury halal hotel brand? Cost per night Angels’ Peninsula Shaza Hotels Rayhaan by Rotana Adenya Resort Al Jawhara Hotels Perceived The Angels Peninsula : The first luxury halal hotel brand? Key differentiations to local competition • • • • Premium pricing strategy Unique location & exclusive services Luxury approach to inclusive services, for example A la Carte dining A yacht landing wharf with options to charter Muslims in the west and the developed world are accustomed to international marketers addressing their social needs without forcing the issue of religion Adapted from Alserhan 2011 The Principles of Islamic Marketing Is there a difference marketing luxury halal travel between Muslims source markets? UK Traveller UAE Traveller Halal Food Would be nice to have Must have… Butler / Maid Service A special touch I’ll bring my own as well… Masjid It would be a great experience to meet other Muslims Should be within a few minutes' drive Alcohol free environment As long as it’s not on my table Prefer private dining in my own space Homogenous surroundings I would like to chat with other guests Prefer to focus on enjoying my holiday with my family Space and Size A 60 sqm villa is huge! 60 sqm is a good sized bathroom A transfer in a Toyota Prius Acceptable, we’ll squeeze in and it’s good for the environment I would prefer a bit more space for my transfer What are the ethical considerations for the Muslim friendly traveller? Religious commitments and beliefs influence people’s feelings and attitudes toward consumption Jamal 2003, Marketing in a multicultural world: the interplay of marketing, ethnicity and consumption”, European Journal of Marketing Developing the luxury halal travel maket Focus on the long term, build trust and be honest. Loyalty rules over all! Segment your offering to the current market with high disposable incomes and instil the product benefits for future generations Create a market-oriented culture and develop Islamic service qualities which include Islamic values, attention to Islamic religious routines, modesty, and trustworthiness. Thank you Questions? Disclaimer The material in this presentation has been prepared by Serendipity Tailormade Ltd and is general background information about the Halal Travel Market at the date of this presentation. This information is given in summary form and any forecasting information should not be considered as advice or a recommendation to investors or potential investors in relation to their company(s). Before acting on any information you should consider the appropriateness of the information having regard to these matters. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside Serendipity Tailormade’s control. The content of this presentation remains the copyright of Serendipity Tailormade Ltd.