Are Weddings Recession-Proof?
May 05, 2008
Columbia, MD - A clear majority - 88% - of caterers and event planners surveyed by the National Association of Catering Executives (NACE) reported that they are not seeing increases in cancellations of weddings due to the current economy. Also, nearly 60% reported that they were not seeing increases in cancellations of other types of catered affairs.
However, just more than one-half (52%) reported that more clients are booking weddings on Fridays and Sundays to avoid premium pricing, and roughly one-half (48%) reported no such patterns.
"Clearly the economy is having some impact on wedding and event budgets," said Daniel Briones, NACE President and Director of Catering at the Four Seasons Hotel in Philadelphia. "However, the survey confirms that the wedding industry remains strong and people are not canceling their events." The survey, conducted in March 2008, was distributed to NACE members and yielded 465 responses.
The National Association of Catering Executives (NACE), www.nace.net is the oldest and largest professional association dedicated to all aspects of the catering industry.
About Wedding & Event Videographers Association International (WEVA)
Founded over a decade ago, WEVA International is the world's largest trade association for professional wedding and event videographers and leads the field with education that's on the cutting-edge of industry developments. WEVA is dedicated to advancing the professional interests of videographers globally through continuing education at events such as Wedding & Event Video Expo 2008 and WEVA's Wide World of Weddings & Events, technical support, group benefits, advocacy committees, new media, including Wedding & Event Videography Resource Guide, plus WEVA NEWS MINUTE videos, WEVA On-The-Air Podcasts, and streaming video on WEVA-TV.
Join WEVA online today to access valuable WEVA membership benefits that can help you succeed in your business, including new opportunities through ImageSpan's LicenseStream and CurbStream programs, plus low-cost Visa/MasterCard Merchant Status, Equipment Insurance, Liability Insurance, new Equipment Financing Program, WEVA NEWS MINUTE videos, WEVA On-The-Air podcasts, and more. Membership also provides opportunities for professional videographer (MPV) accreditation, and system-training at WEVA EXPO 2008 our industry’s biggest international convention and trade show. For more information contact the association at 941-923-5334 or email: [email protected] |
