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Wedding Tourism Insights: Key market trends and analysis of wedding tourism

Wedding Tourism Insights: Key market trends and analysis of wedding tourism

  • November 2018
  • 26 pages
  • ID: 5628995
  • Format: PDF

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Wedding Tourism Insights: Key market trends and analysis of wedding tourism

Summary
Wedding Tourism is a travel concept where a couple, and typically their guests, travel to a foreign location to get married. Wedding tourism is often termed as ‘Marriage Tourism’ or ‘Destination Weddings,’ but the market also encompasses honeymoons.

Wedding tourism plays a vital role for the businesses involved in the travel and tourism sector.Destination wedding tourism annual spending is estimated to account for US$16 billion and the revenue share of wedding tourism in the overall industry is expected to increase over the coming years.

The rise in the number of hotels, resorts, cruise line stop-offs, and flight-connectivity in these, often exotic, locations has made it easier for couples to get married at their preferred destination.

For emerging tourism areas or local economies, wedding tourism has become a main source of revenue. Moreover, the growth of online travel agencies enables couples to research and even choose their desired destination wedding packages based on their budget and number of guests arriving for the marriage.

Travel businesses need to adapt swiftly by understanding the preferences of couples seeking a destination wedding. For instance, wedding couples are more likely to book a package that offers meals at local restaurants, sightseeing tours, and souvenirs to make the most of the destination.

"Wedding Tourism Insights", Travel report provides in-depth analysis of the key market trends that are shaping the future of this niche and analysis of wedding tourism globally. Detailed commentary is provided on who is going where and why, and how companies can tap into this to better meet their customers’ needs.

Scope
- Up to 25% of marriages are destination weddings.
- For US couples, 40% of destination weddings are reported to take place in international locations
- Weather is a key driver in choosing a destination wedding.

Reasons to buy
- Gauge which are the biggest and most promising wedding tourist markets for destination wedding
- Understand the demand-side dynamics within the industry to identify key trends and growth opportunities
- Direct promotional efforts on the most promising markets by learning from existing successes and our recommendations.

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