Published on : Dec 21, 2018
Albany, New York, December 21, 2018: Wedding tourism represents a niche market with several untapped opportunities. Rising disposable income, superlative transport facilities, advancements in tourism sector, and proliferated adoption across developing economies set the course for the growth of wedding tourism market. Market Research Hub (MRH) in its recent report offering titled, ‘Wedding Tourism Insights: Key market trends and analysis of wedding tourism’ aims to scout through recent developments to evaluate growth scope of wedding tourism in foreseeable future.
Besides the presence of established travel companies, emergence of luxury wedding planners and event managers offer lucrative opportunities in wedding tourism market. Inclusion of novel themes is a distinctive fad that grips whole of wedding tourism gamut.
Wedding Tourism: Integrated Experimental Travel to Usher Upward Rise
With celebrities fast adopting luxury wedding as their preferred choice, destination weddings is accounted as a major trend setter in wedding tourism market. Besides conventional wedding locales, emergence of new destinations offers significant thrust to the rapidly expanding wedding tourism market. Asia offers a lucrative scope for the growth of wedding tourism. Dotted with scenic exuberance, rich culture, and diverse cross cultural cuisine, the region is a highly sought after destination wedding locale. Integrating bits of experiential travel with wedding tourism is yet another potent trend augmenting growth in wedding tourism globally.
Asian Startups Push the Boundaries of Wedding Tourism with Tactical Business Strategies
Inviting foreign tourists to witness traditional wedding rituals in exchange of fees is yet another trend in the opulent wedding tourism market. A new India based startup, Join My Wedding has recently pushed boundaries of wedding tourism with the launch of its website that allows couples to invite foreign tourists in exchange of admission token. The development has amounted to significant adoption, thus leveraging substantial progress in wedding tourism market.
This elaborate research report on wedding tourism envisions to offer readers, stakeholders such as aspiring new market entrants as well as established players to devise lucrative business strategies to remain industry specific amidst stiffening competition in wedding tourism market. The report commences with a detailed executive summary offering intricate details on market drivers and restraints that shape growth in wedding tourism market. Additionally, the report further offers a snapshot of popular trends as well as an assessment of untapped opportunities prevalent in wedding tourism market. The report further details on regional scope of wedding tourism, also featuring vital insights on competitive landscape. Such pertinent market details documented in this report on wedding tourism is aimed to aid lucrative investment discretion based on ample competitive advantage cited in the report.
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