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NAICS Code 721199-12 Description (8-Digit)

The Honeymoons industry, a subdivision of the NAICS Code 721199, is a specialized sector of the travel and tourism industry that caters to newlywed couples seeking romantic getaways. This industry involves providing a range of services and amenities to create a memorable and intimate experience for couples celebrating their honeymoon. Honeymoon destinations can vary from tropical beach resorts to secluded mountain cabins, and the industry offers a variety of packages to suit different preferences and budgets.

Hierarchy Navigation for NAICS Code 721199-12

Tools

Tools commonly used in the Honeymoons industry for day-to-day tasks and operations.

  • Honeymoon planning software
  • Destination research tools
  • Travel booking platforms
  • Customer relationship management (CRM) software
  • Social media management tools
  • Online review management tools
  • Payment processing software
  • Email marketing software
  • Wedding planning software
  • Travel insurance providers

Industry Examples of Honeymoons

Common products and services typical of NAICS Code 721199-12, illustrating the main business activities and contributions to the market.

  • Beach resorts
  • Luxury hotels
  • Cruise lines
  • Bed and breakfasts
  • Private villas
  • Safari lodges
  • Mountain cabins
  • All-inclusive resorts
  • Spa retreats
  • Adventure travel companies

Certifications, Compliance and Licenses for NAICS Code 721199-12 - Honeymoons

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Certified Honeymoon Specialist: This certification is offered by The Travel Institute and is designed for travel agents who specialize in planning and booking honeymoons. The certification covers topics such as romantic destinations, budgeting, and travel insurance.
  • Wedding Planning Certification: While not specific to honeymoons, this certification can be useful for travel agents who want to specialize in honeymoon planning. The certification covers topics such as wedding etiquette, vendor management, and budgeting. The American Association of Certified Wedding Planners offers this certification.
  • Travel Agency License: In order to legally operate a travel agency that specializes in honeymoon planning, a license is required in most states. The requirements for obtaining a license vary by state, but typically involve passing an exam and paying a fee. The National Association of Career Travel Agents provides information on state-specific requirements.
  • Seller Of Travel Registration: In some states, travel agencies that sell travel packages to consumers are required to register as a "seller of travel." This registration typically involves paying a fee and providing proof of financial responsibility. The requirements for registration vary by state. The American Society of Travel Advisors provides information on state-specific requirements.
  • International Air Transport Association (IATA) Accreditation: This accreditation is required for travel agencies that want to issue airline tickets. While not specific to honeymoon planning, it can be useful for travel agencies that offer complete travel packages. The accreditation involves passing an exam and meeting financial requirements.

History

A concise historical narrative of NAICS Code 721199-12 covering global milestones and recent developments within the United States.

  • The concept of honeymoons dates back to the 5th century when newlyweds in ancient Persia would drink mead, a honey-based alcoholic drink, for a month after their wedding. In the 19th century, honeymoons became more popular in Europe and the United States, with couples taking trips to romantic destinations such as Niagara Falls and the French Riviera. The rise of air travel in the 20th century made honeymoons more accessible, and destinations such as Hawaii and the Caribbean became popular. In recent years, there has been a trend towards more unique and experiential honeymoons, such as adventure travel and cultural immersion trips. In the United States, honeymoons became popular in the early 20th century, with couples taking road trips to destinations such as the Grand Canyon and Yellowstone National Park. The rise of air travel in the mid-20th century made international destinations more accessible, and popular honeymoon spots included Europe, the Caribbean, and Hawaii. In recent years, there has been a trend towards more personalized and unique honeymoons, with couples opting for destinations that reflect their interests and values. This has led to an increase in adventure travel, eco-tourism, and cultural immersion trips.

Future Outlook for Honeymoons

The anticipated future trajectory of the NAICS 721199-12 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Honeymoons industry in the USA is positive. The industry is expected to grow as the economy recovers from the COVID-19 pandemic and travel restrictions are lifted. According to a report by Allied Market Research, the global honeymoon trip market is expected to reach $13.4 billion by 2027, growing at a CAGR of 8.5% from 2020 to 2027. The report also states that the increasing number of newlyweds and the rise in disposable income are the major factors driving the growth of the market. Additionally, the trend of experiential travel is gaining popularity among millennials, which is expected to boost the demand for unique and personalized honeymoon experiences.

Industry Innovations for NAICS Code 721199-12

Recent groundbreaking advancements and milestones in the Honeymoons industry, reflecting notable innovations that have reshaped its landscape.

  • Honeymoon Registries: Couples can now create honeymoon registries, similar to wedding registries, where guests can contribute to their honeymoon expenses instead of buying traditional gifts. This innovation has become increasingly popular in recent years, with websites like Honeyfund and Zola offering such services.
  • Eco-Friendly Honeymoons: With the growing concern for the environment, eco-friendly honeymoons have become a trend. Resorts and hotels are offering sustainable and environmentally conscious honeymoon packages, such as eco-lodges, organic food, and carbon-neutral transportation.
  • Adventure Honeymoons: Couples are now opting for adventure honeymoons, where they can experience thrilling activities like hiking, scuba diving, and zip-lining. This trend has led to the emergence of adventure honeymoon packages offered by travel companies and resorts.
  • Technology Integration: Technology has become an integral part of the honeymoon experience, with hotels and resorts offering smart rooms, virtual reality tours, and mobile apps for personalized experiences. For example, the Sandals Resorts app allows couples to book spa treatments, make dinner reservations, and plan excursions.
  • All-Inclusive Honeymoons: All-inclusive honeymoon packages have become popular among couples who want to have a hassle-free and budget-friendly honeymoon. These packages include accommodation, meals, drinks, and activities, allowing couples to enjoy their honeymoon without worrying about additional expenses.

NAICS Code 721199-12 - Honeymoons

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