Go offline with the Player FM app!
Ep. 23 - From Concerts to Cash Flow: The Economic Impact of Live Events
Manage episode 482784704 series 3665570
How do concerts, sports, and festivals fuel entire economies? Spoiler alert: It’s way more than just ticket sales! In this episode of Tickets to Travel, we dive into the eye-opening Oxford Economics Study on Live Events, breaking down how a single ticket purchase ripples into hundreds of dollars in local spending—from hotel stays to Uber rides and overpriced nachos.
🎤 Did you know?
- Live events generated $132.6 billion for the U.S. economy in 2019.
- Every $100 spent on a concert ticket leads to $434 in total spending on food, lodging, and transportation.
- Events like the Super Bowl, Taylor Swift’s Eras Tour, and Formula 1 races act as economic jet engines, supercharging cities worldwide.
With 2025 shaping up to be the biggest year yet for live entertainment, we explore how travel brands, ticketing companies, and local businesses can cash in on this booming industry. Whether you're a fan, an entrepreneur, or just someone who loves seeing how money moves behind the scenes, this episode is packed with insights, data, and a few laughs along the way.
Hit play now and let’s talk business… the business of live entertainment! 🎧🔥
👉 Follow us @Tix2TravelPod on Instagram & TikTok!
52 episodes
Manage episode 482784704 series 3665570
How do concerts, sports, and festivals fuel entire economies? Spoiler alert: It’s way more than just ticket sales! In this episode of Tickets to Travel, we dive into the eye-opening Oxford Economics Study on Live Events, breaking down how a single ticket purchase ripples into hundreds of dollars in local spending—from hotel stays to Uber rides and overpriced nachos.
🎤 Did you know?
- Live events generated $132.6 billion for the U.S. economy in 2019.
- Every $100 spent on a concert ticket leads to $434 in total spending on food, lodging, and transportation.
- Events like the Super Bowl, Taylor Swift’s Eras Tour, and Formula 1 races act as economic jet engines, supercharging cities worldwide.
With 2025 shaping up to be the biggest year yet for live entertainment, we explore how travel brands, ticketing companies, and local businesses can cash in on this booming industry. Whether you're a fan, an entrepreneur, or just someone who loves seeing how money moves behind the scenes, this episode is packed with insights, data, and a few laughs along the way.
Hit play now and let’s talk business… the business of live entertainment! 🎧🔥
👉 Follow us @Tix2TravelPod on Instagram & TikTok!
52 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.