Page 3 - Wedding-The Standard
P. 3
E ditor's Message
T otting up the figures
A wedding is such a happy and romantic event that it seems a sacrilege to associate with dollar signs,
but there is no denying that it truly is big business.
The latest study puts the global wedding industry to be worth a staggering US$300 billion as of 2016,
with the average American spending around US$14,399. Local estimates put our own average figure at
more than twice this amount.
When you take into account the rising popularity of destination weddings in lavish resorts, or
prestigious venues like castles, in such fairytale locations as Bali, Bhutan or the Maldives, the expenditure
has no way to go but up.
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Andy Ng
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Features Editor
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