Cabo San Lucas, Mexico -- (SBWIRE) -- 03/31/2016 -- According to a recent study, destination weddings are a real growth industry. The study by Bridal New Network claims that destination weddings have tripled in the past ten years. That is a real boost for an industry that boasts an annual spending of $16 Billion. The number of guests in a destination wedding has also grown from somewhere around 50 to 75 in just four years and has increased to an average spending of $22,443 per wedding.