The report, which surveyed 1,000 Individuals, reveals high tendencies and common prices, in addition to breaks down how elements like inflation are impacting each shopper sentiment and plans for wedding ceremony journey this 12 months.
“We have all missed out on celebrations over the previous two years and it is thrilling to have these events to stay up for once more. Weddings are a possibility for mates and households to reunite, and people moments should not be compromised by excessive journey prices. Priceline provides offers and financial savings suggestions to assist clients be there for the moments that matter.” — Brigit Zimmerman, Chief Business Officer
High insights from Priceline’s Wedding ceremony Journey Report embody:
- Save the Date…and Begin Saving Up: Individuals spend greater than $2,700 on common simply to attend a marriage—roughly equal to a full month’s wage primarily based on the median annual wage within the US2. Budgeting for out of city wedding ceremony occasions is particularly disturbing for Gen Z (39%).
- One thing Borrowed, One thing Blue, Wedding ceremony Journey is Expensive, Too: Six in ten (59%) respondents say that the excessive prices of attending weddings/wedding-related occasions has restricted their capacity to save lots of for a trip (61%) or a bucket listing journey (59%). This turns into amplified as eight in ten (81%) say inflation makes discovering a journey deal extra vital than ever.
- Singles are Chasing Offers…Not Dates: Singles would fairly discover a whole lot on a lodge (66%) or flight (63%) than a date/plus one.
Say “I Do” To Journey Financial savings
With rising demand and prices, Priceline is aware of it is extra vital than ever to save lots of. Having negotiated wonderful offers for over 20 years, Priceline saves vacationers greater than one billion {dollars} yearly (that is $2,000 per minute!). So vacationers by no means should miss the moments that matter—weddings, bucket listing journeys, and every little thing in between, Priceline reveals the highest financial savings hacks to save lots of on journey:
- Whether or not you are bringing a plus one or flying solo, save as much as $625 once you bundle your lodge and flight bookings utilizing Priceline Packages.
- Turn into a Priceline VIP totally free and entry fast financial savings, loyalty perks, and different advantages. Touring to a number of weddings this 12 months? You may attain VIP Gold standing and unlock as much as 50% off resorts after 5 bookings.
- Pay at your individual tempo with “Buy Now, Pay Later” choices via Affirm, which provides month-to-month or biweekly funds when reserving journey on Priceline.
To learn extra concerning the Priceline Wedding ceremony Journey Report, outlining extra tendencies and particulars on how Individuals are approaching wedding ceremony journey, please go to press.priceline.com.
1A marriage-related occasion refers to a bachelor/bachelorette get together, engagement get together, rehearsal dinner, bridal bathe, group honeymoon (buddymoon), honeymoon, and so forth.
2 Primarily based on the Social Security Administration “National Average Wage Index” for the 2019 median common US wage receiving semi-monthly funds.
Priceline’s Wedding ceremony Journey Report Methodology
Outcomes are primarily based on an internet survey performed between April 1st and April tenth, 2022 amongst 1,000 Individuals, roughly half of whom had been married in final 12 months or plan to marry in subsequent 12 months, and roughly half of whom have attended or traveled to a marriage or wedding-related occasion within the final 12 months or plan to within the subsequent 12 months. The outcomes are balanced because it pertains to age, gender, race/ethnicity, earnings, and area in america.
About Priceline
Priceline, a part of Reserving Holdings Inc. [NASDAQ: BKNG], is a frontrunner in on-line journey offers. Priceline provides unique reductions on resorts, flights, various lodging, rental vehicles, cruises and packages. We provide greater than 1,000,000 lodging properties, serving to vacationers discover the fitting lodging on the proper worth. We negotiate nice offers on daily basis, and put our greatest pricing on the Priceline app. With free cancellation for a lot of charges, 24-hour buyer help and the choice for each pre-paid and pay upon arrival reservations, Priceline helps tens of millions of vacationers be there for the moments that matter. For us, and for our clients, each journey is an enormous deal.
For additional info, please contact:
Christina Bennett, [email protected]
Amanda Cohen, [email protected]
SOURCE Priceline
