Saudi wedding hall prices :: Arab News
It's the high season for weddings and all that halls that can be brought on line are open for business. Hall owners spent the off season renovating their halls. Still, bridegrooms wonder why prices are higher now than they are in the off season. If they got their wish - a cap on prices - there'd be fewer halls available.
Substitution possibilities are limited; few halls can accommodate 1,000 guests - the typical size of a wedding. Such halls have little alternative use. A result prices can differ considerably depending on the season.
Besides price caps, the article also mentions the idea of placing a legal limit on the size of the wedding party. Grooms may be better off under such a law because they'd no longer have to compete for brides based on the length of the guest list.
It's the high season for weddings and all that halls that can be brought on line are open for business. Hall owners spent the off season renovating their halls. Still, bridegrooms wonder why prices are higher now than they are in the off season. If they got their wish - a cap on prices - there'd be fewer halls available.
Substitution possibilities are limited; few halls can accommodate 1,000 guests - the typical size of a wedding. Such halls have little alternative use. A result prices can differ considerably depending on the season.
Besides price caps, the article also mentions the idea of placing a legal limit on the size of the wedding party. Grooms may be better off under such a law because they'd no longer have to compete for brides based on the length of the guest list.
Labels: *, Best of EmEc 2005, Best of Emirates Economist, Saudi Arabia
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