Muslim Friendly Tourism:
Developing and Marketing MFT Products and Services
In the OIC Member Countries
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The top five airlines globally with the largest percentage of market share include American
Airlines Group, Delta Air Lines, Lufthansa Group, United Airlines and Air France - KLM. The
revenues for the top five airlines in 2014 are listed below:
American Airlines Group - $42.65 billion
Delta Airlines – $40.3 billion
Lufthansa Group – $39.8 billion
United Airlines - $38.9 billion
Air France – KLM - $33.1 billion
Emirates is one of the fastest growing international airlines in the world, which is based out of
Dubai. Emirates was founded in 1985, and had 10 percent compound annual growth in revenue
from 2014 to 2015, with over $5.5 billion.
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Uber is an online transportation network that offers taxi like services, which can be requested
using a mobile app. Uber was founded in 2009 and has raised over $9 billion in equity funding
since inception. The service now operations in over 300 cities globally and is the world’s largest
venture backed business.
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Alstom is a rail company in Europe founded in 1928, which is planning to offer high-speed trains,
which are energy efficient. The AGV high-speed train introduced in 2010 is revolutionizing the
railway industry cite.
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Another company looking to revolutionize transportation is Boom, which is a startup in the
United States focusing on supersonic planes, which are planned to travel between New York and
London in less than 3 to 4 hours.
Accommodation
refers to any type of lodging tourists can secure, which is led by hotels, motels,
bed and breakfasts, resorts and villas. According to IBISWorld, accommodation accounts for the
largest share of revenue within the landscape, with 22 percent of industry revenue.
Figure 9: Global Tourism Industry Products and Services Segmentation
Source: IBISWorld Global Tourism Report, 2015
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“Emirates Group announces 27th consecutive year of profit”, Emirates, 7 May 2015
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“Uber Valued at More Than $50 Billion”, The Wall Street Journal, 31 July 2015
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“Alstom builds on its leading position in high-speed and very high-speed rail transport”, Alstom, 30 November 2011.
Air transportation, 17%
Food and beverage establishments, 14%
Gasoline, 8.5%
Other retail activities, 15%