Press release
2022 Priceline Wedding Travel Report: 66% of Singles Would Rather Find a Good Hotel Deal than a Wedding Date/Plus One
New Survey Reveals Consumer Sentiment About Spending Money on Wedding-Related Travel NORWALK, Conn., May 13, 2022 /PRNewswire/ -- As peak wedding season
About this update from Booking Holdings Inc. Common Stock
[{"type":"text","content":"New Survey Reveals Consumer Sentiment About Spending Money on Wedding-Related Travel \nNORWALK, Conn., May 13, 2022 /PRNewswire/ -- As peak wedding season approaches, Americans are gearing up to celebrate loved ones with more than half (57%) planning to attend more weddings or wedding-related events1 this year because they've missed out on so many during the pandemic. And after two long years of postponed weddings and celebrations, 79% of consumers feel that wedding-related events are a great excuse to travel, according to the Priceline Wedding Travel Report, released today.\n\n \n \n \n \n \n \n\n \nThe report, which surveyed 1,000 Americans, reveals top trends and average costs, as well as breaks down how factors like inflation are impacting both consumer sentiment and plans for wedding travel this year. \n\"We've all missed out on celebrations over the past two years and it's exciting to have these occasions to look forward to again. Weddings are an opportunity for friends and families to reunite, and those moments shouldn't be compromised by high travel costs. Priceline offers deals and savings tips to help customers be there for the moments that matter.\" — Brigit Zimmerman, Chief Commercial Officer\nTop insights from Priceline's Wedding Travel Report include:\nSave the Date…and Start Saving Up: Americans spend more than $2,700 on average just to attend a wedding—roughly equivalent to a full month's salary based on the median annual wage in the US2. Budgeting for out of town wedding events is especially stressful for Gen Z (39%).Something Borrowed, Something Blue, Wedding Travel is Costly, Too: Six in ten (59%) respondents say that the high costs of attending weddings/wedding-related events has limited their ability to save for a vacation (61%) or a bucket list trip (59%). This becomes amplified as eight in ten (81%) say inflation makes finding a travel deal more important than ever.Singles are Chasing Deals…Not Dates: Singles would rather find a good deal on a hotel (66%) or flight (63%) than a date/plus one.Say \"I Do\" To Travel SavingsWith rising demand and costs, Priceline knows it's more important than ever to save. Having negotiated amazing deals for over 20 years, Priceline saves travelers more than one billion dollars every year (that's $2,000 per minute!). So travelers never have to miss the moments that matter—we...