Wedding Bonanza: Forecasts say that the business of saying “I do” is set to increase

 


The global Romance market is expected to reach US$73.38 billion by the end of 2030 reports einpresswire.com. Couples wishing to tie the knot present a robust business line for hotels in the Caribbean also.

Quoting Jacqueline Johnson, the CEO of MarryCaribbean.com, a division of Global Bridal Group, the site says that the trend is “driven by the integration of technology, a more interconnected world, economic stability in source markets, a rise in demand for unique experiences and social media.”

Hence, the wedding and honeymoon market is projected to reel in US$73.38 billion by the end of 2030, up from US$31 billion last year.

The site states, “The average budget for a destination wedding is estimated at US$28,000.” Johnson highlighted research showing that couples often choose wedding destinations that reflect preferences, seeking to exchange vows in natural settings. “These include locations such as beaches, historic sites, castles, and mountains.”


Future market insights.com, focusing on the Caribbean only in its Caribbean Destination Wedding Market Outlook (2023 to 2033) states that the caribbean destination wedding market size is projected to increase from US$ 4,995.2 million in 2023 to US$ 17,349.6 million by 2033.

They describe the destination wedding as the type of wedding where couples choose a location away from their residence or hometown to celebrate their wedding. They usually decide to host the wedding event in a different city, country, or any exotic location.

Einpresswire said, “The Caribbean is a favorite for such with its weather, beautiful beaches, and unique Increasing collaborations between hotels and resorts and wedding planners, as well as joining forces with well-known wedding service providers, help to broaden the reach of wedding services and give customers more options and expertise. This in turn is helping the Caribbean destination wedding industry to expand.”

It is noted meanwhile that destination weddings are evolving into multi-day festivals with several pre- and post-event events meant to engage visitors with a variety of activities targeted to diverse interests. To meet the demand, for destination weddings, hotels collaborate with h government tourism agencies.

MarryCaribbean.com has produced the 2025 edition of their Ultimate Caribbean Honeymoon, Wedding, and Romance Guide, designed to capitalize on what is expected to be an extremely eventful year for the industry.

The 2025 issue of the Caribbean Romance Guide contains details on legal requirements, marriage laws.

In the words of one large chain spanning many islands, Sandals Resorts, “Jamaica is the perfect choice for the wedding-moon.”

They state, “Guidance is provided to reserve accommodations, wedding date and venues; Preparation and submittal of documents for marriage license applications; Schedule local officiant, wedding photography, hair and makeup, and all vendors; Provide guidance on décor and menu selections plus the setting up of event spaces throughout for the celebration.

As are many other hotels in the island and indeed the Caribbean, they are ready for the party when guests want to say, “I do.”


Photo credit: Pintrest.com

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