In this video I go over the statistics revealed by the wedding report. Key statistics are below. I also discuss how I’ve responded and how I plan to move forward. Links to the full wedding report below.
- 21% of couples are or have postponed to later in 2020
- 41.5% are or have moved to 2021
- 7.0% are or have cancelled altogether (some likely married but cancelled the full event)
- 30.5% are trying to hold their current 2020 wedding date
- 46% of couples are cutting their budget by an average of 31%
- 58% of couples are cutting their guest count by an average of 41%
- Even more alarming, 58% of wedding vendors surveyed (6/2020) said they are expecting to lose more 2020 weddings.
