How much does a banquet usually cost? The latest market situation analysis in 2023
With the surge in demand for year-end wedding banquets, annual parties and other gatherings, banquet prices have become a hot topic recently. This article combines popular discussions and industry data on the Internet in the past 10 days to analyze the price differences and influencing factors of different levels of banquets.
1. Comparison of national banquet price ranges

| Grade type | Price range (yuan/table) | Contains content | Applicable scenarios |
|---|---|---|---|
| Economical | 800-1500 | 10-12 home-cooked dishes, basic drinks | Rural banquet/small party |
| Standard type | 1800-3000 | 14-16 special dishes, branded drinks | City wedding banquet/business banquet |
| High-end | 3500-6000 | 18-20 exquisite dishes, imported drinks | Five-star hotel/high-end banquet |
| Customized | 6000+ | Michelin chef/theme decoration | Celebrity Wedding/Luxury Event |
2. Ranking of regional price differences (latest data in December 2023)
| city | Average price (yuan/table) | Popular dishes |
|---|---|---|
| Shanghai | 4200 | King Crab/Eastern Star Spot |
| Beijing | 3800 | Roast duck/lobster |
| Guangzhou | 3500 | Abalone/suckling pig |
| Chengdu | 2800 | Hot pot feast/Sichuan style seafood |
| Wuhan | 2200 | Wuchang Fish/Lotus Root Feast |
3. Five key factors affecting price
1.Ingredients cost: The price of seafood ingredients has recently increased by 15%, directly pushing up the price of banquets.
2.Labor cost: At the end of the year, the daily salary of the chef team generally increased by 200-500 yuan.
3.Venue type: Five-star hotels are on average 40% more expensive than ordinary restaurants.
4.Additional services: 30% premium for packages including photography, emcee and other services
5.seasonal factors: Prices reached the peak of the whole year one month before the Spring Festival
4. Practical suggestions for saving money
1. Choose a mid-week schedule to save 20% compared to weekends
2. Bringing your own drinks can reduce costs by 15%-25%
3. Book 3 months in advance to enjoy the early bird discount
4. Prices are more advantageous in off-season (March-April/September-October)
5. Choosing fusion cuisine is more cost-effective than a single high-end cuisine
5. Real feedback from consumers
| Platform | Summary of popular comments | Satisfaction |
|---|---|---|
| little red book | "The 3,000 yuan/table wedding banquet actually includes lobster, it's so worth it." | 92% |
| Dianping | "The hotel has many hidden charges and ends up exceeding the budget by 30%" | 68% |
| Zhihu | "The flowing water banquet in rural areas costs 1,500 yuan per table and the dishes are very rich." | 85% |
The latest industry data shows that the average price of banquets nationwide in 2023 will increase by 8.5% year-on-year. It is recommended that consumers choose the appropriate level of banquet services based on actual needs and make budget plans in advance. As the Spring Festival approaches, some popular hotels are already experiencing tight schedules, so it is recommended to book as early as possible.
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