For richer, for poorer: The wedding industry is booming

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Belgique Nouvelles Nouvelles

After a pandemic imposed shutdown, the wedding sector is booming once again. However, those working in the industry say the price of hosting a wedding is up around 20% compared to 2019, pre-Covid

But that surge in demand, coupled with inflation means those looking to say 'I do' can expect to pay higher prices for their big day.

Despite higher prices, more couples than ever are looking to tie the knot, following a two year pause of big celebrations in 2020 and 2021. But for those who don't have an endless supply of money, booking your dream wedding at the moment can be tricky. "There are costs connected with the linen that goes on your table, the table napkins that you use - the cost of laundering those have increased in some cases by over 50%," he explained."It is not a case of the hotels or businesses making more profits, it is a case of businesses trying to keep abreast of those input costs to ensure that the venue can deliver the couples' expectations on the day of their wedding," Mr Magner said.

She said some of these couples will opt for the midweek days that remain, while others will look to push out their wedding until next year or beyond.

 

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A booming sector usually means price increases. Demand was artificially reduced thanks to lockdowns and now supply has to handle the increase of demand. So prices can be raised with ease. That plus inflation.

It was a government imposed shutdown.

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