It correlates to lost money because all of this year's weddings are going to be thrown into next year's weddings. W
Basically, if none of this occurred, we all could have worked this year's weddings, and next year's weddings resulting in zero potential income lost.
Instead we are going to lose a large chunk of would be bookings next year as many of those weddings look for alternatives such as friend of family/cousin/etc. or bring in the lesser known DJs to fill those open opportunities out there. Also, some couples that wanted to get married in 2021 will fall back to 2022 because the venue they wanted was not available or for other reasons due to the effects of the shut downs.
Also, SATURDAYS in season next year...Especially in the FALL of next year when we are back to having concerts etc. and hopefully completely opened back up and back to normal...Those September, October Saturdays next year will be VERY IN DEMAND. Probably more demand than we as an industry have ever experienced! If this plays out like I think it will, every DJ will be turning business away in the fall of 2021 because we are already booked, and maybe we missed opportunities to charge a premium for those dates even.
I also foresee many 2021 brides booking LATE...Many of them will wait until all this blows over before they book, and make sure their event happens. ...Mixed in with the 2020 post postponements. Next year is going to be Crazy.
This is all assuming we don't have an awful prolonged 2nd waive of the Virus even messing up 2021.