Why are there so many weddings in 2022?
Blackhall and Bajaj’s wedding this month is just one of 2.6 million expected to take place this year in the United States, half a million more than average and the most since 1984. 2022 sees a wedding boom as many people are less concerned about COVID and eager to spend time with loved ones.
The number of weddings in the Chicago area this year is expected to be 55,305, up from 44,301 in 2021, according to Wedding Report, which provides statistics on the wedding industry. Couples in the region are expected to spend a total of $1.8 billion this year, up from $1.5 billion last year, according to Wedding Report forecasts.
“I would say the boom is a result of weddings being pushed back into this 2022 season. It’s a result of new couples who are so excited about getting married, and they don’t want to wait because they know how volatile our world is today,” said Brianne Garritano, founder of Michigan Avenue Events, which specializes in luxury event planning. and weddings.
At the start of the pandemic, Garritano said, she spent most of her time postponing weddings. AAccording to industry research provider IBISWorld, “The wedding services industry shrank 35.7% in 2020 as many weddings were postponed due to restrictions on large gatherings and business closures. non-essential, such as hair and nail salons”.
In December, IBISWorld predicted an upward trajectory for the wedding industry over the next five years, with operators hosting new and postponed weddings.
After being hit hard by the pandemic, the company is recovering. And while love is in the air, couples face many other hurdles in a climate where inflation, supply chain issues and too many marriages looking for weekend dates are now important factors, according to IBISWorld.
Blackhall and Bajaj’s wedding planner advised them to secure the contracts for next year’s ceremony as soon as possible to avoid paying more as costs are expected to rise.
John Hernandez and his fiancé, David Tapia, got engaged in December 2020. They began working on deals the following month and were told the venues were already booked for their favorite weekend of June 24, 2021. “We thought with all the weddings that we knew had been pushed back from 2020, we didn’t want to compete with people in 2021. So we pushed it back to 2022.”
According to The Knot, 75% of engaged couples in 2021 have set a date for 2022, with 65% of them choosing summer 2022 for their ceremony. Data from The Wedding Report showed the average cost of a Chicago-area wedding was $33,800 in 2021, down from $25,500 in 2020, when the pandemic drastically altered wedding plans.
Event planner Jennifer Price, CEO and founder of Chicago-based Event Shoppe, said inflation has affected her business, prompting her to charge higher prices. “We’re seeing a bit more price increase because we have to factor in the things our team has to do, we have to factor in the cost of gas and we have Zoom meetings to help mitigate costs.”
Although revenues are expected to rise for the wedding industry over the next six years, services such as wedding coordinators and planners are expected to experience a decline in business as DIY trends have encouraged people to undertake them. tasks themselves to save resources, according to IBISWorld.
Other wedding trends born out of the pandemic include weekday ceremonies. Popular West Loop venue Morgan’s on Fulton, which is booked for two weddings a weekend through November, said it has at least 50 weekday weddings booked for this year and is booking more.
Morgan on Fulton sales manager Kasey Tighe said the venue made adjustments in 2020 that made it more attractive, including a closed roof for an all-weather venue and the start of its own catering service. A weekend wedding for 160 guests averages between $20,000 and $40,000 at Morgan. It can be as low as $12,000 for a weekday wedding.
She said the cost makes sense in the long run given all that’s provided: “The price puts couples off at first, but you don’t have to manage multiple contracts.”