View profile for Fazal Bahardeen

Crescentrating11K followers

With birth rates falling and life expectancy rising, according to Pew Research, by 2073, the number of people aged 65 and older is expected to surpass those under 15. It's a fundamental shift transforming our world, and the travel industry must prepare. This demographic shift is already affecting us, and getting ready for it is no longer optional. It's one of the main reasons why our latest Mastercard-CrescentRating GMTI 2025 emphasizes Accessible Travel. Although our aging population is a significant factor, the need for genuine accessibility goes beyond that, including a wide range of travelers: >> 𝐀𝐜𝐭𝐢𝐯𝐞 𝐬𝐞𝐧𝐢𝐨𝐫𝐬: A sizable market already seeking comfort, safety, and meaningful journeys. >> 𝐓𝐫𝐚𝐯𝐞𝐥𝐞𝐫𝐬 𝐰𝐢𝐭𝐡 𝐝𝐢𝐬𝐚𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬: A group often traveling with family and friends. >> 𝐍𝐞𝐮𝐫𝐨𝐝𝐢𝐯𝐞𝐫𝐠𝐞𝐧𝐭 𝐭𝐫𝐚𝐯𝐞𝐥𝐞𝐫𝐬: Traveling with families who value and are willing to pay more for inclusive experiences. However, the research shows a harsh truth: only 9% of international tourism spots have proper accessibility features. In 2024, we introduced the 𝐀𝐜𝐜𝐞𝐬𝐬𝐢𝐛𝐥𝐞 𝐓𝐫𝐚𝐯𝐞𝐥 𝐅𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤 (𝐀𝐓𝐅). To translate this framework into tangible actions, we took an initial step in this year's GMTI by launching the 𝐀𝐜𝐜𝐞𝐬𝐬𝐢𝐛𝐥𝐞 Travel 𝐃𝐞𝐬𝐭𝐢𝐧𝐚𝐭𝐢𝐨𝐧𝐬 𝐬𝐮𝐛-𝐢𝐧𝐝𝐞𝐱. Although comprehensive data to benchmark destinations on this is still limited, it is essential to begin the process now. We cannot wait for everything to be perfect before making progress. The demographic data is undeniable, the moral imperative is clear, and the financial opportunity is significant. Download the GMTI 2025 report for more details. Take a listen to this Audio Summary for a brief overview. #HalalTourism #Crescentrating #AccessibleTravel #InclusiveTourism #GMTI2025

Prof. Dr. Wolfgang Georg Arlt 王立基

Meaningful Tourism Centre Ltd21K followers

8mo

Fazal, you are right. However, a linear forecast for 2073? You know better than that.

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