Monday, September 1, 2008

Economics Favor U.S. Destination Weddings

It’s no secret that the U.S. has been leading the global economy into a worldwide slowdown (or recession). As such, the U.S. dollar is at near lows against other major world currencies. So how does this impact destination weddings?

The first impact is that it is much more expensive for U.S. couples to have destination weddings overseas, or at least in countries where the currencies are not pegged to the U.S. dollar (like the Bahamas, etc.). If money is a consideration for couples, they should think about having their destination wedding here in the U.S.

But the good news (at least for wedding vendors) is that this makes the services of wedding providers in the U.S. much cheaper for those in other countries. We were returning from Europe at the end of June and there were several women on the plane coming to the U.S. to buy wedding dresses. European couples can also stay in the U.S. and have a very economic destination wedding.

Your wedding is one of the most important days in your life. However, financial considerations do impact your wedding decisions, so plan carefully.

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