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Hotels Cash in on Hyped Concerts With an Increase of up to 400% in Room Prices for Billie Eilish and Oasis
Concert-goers planning to see their favorite artists live in 2024 and 2025 may find themselves facing an unexpected challenge: sky-high hotel prices. As fans flock to see their favorite artists live, hotels are seizing the opportunity to hike up room prices. We take a look at some of the hottest events.
For those traveling to big cities to see these superstars we evaluate how much you may need to budget for accommodation on the night, with some events seeing price surges of over 400%.
Gig Accommodation that will set you back
Billie Eilish’s Manchester concert tops the list with an astonishing 423.35% increase in hotel prices, as fans are willing to pay a premium to see the global superstar.
Close behind are Oasis, whose reunion tour sees Cardiff and Manchester hotel prices spike by 242.90% and 172.10%, respectively.
Even less globally renowned acts like The Vamps are causing prices to soar, with their Newcastle gig showing a 131.30% increase.
Methodology
Our analysis took the average price of 20 hotels on the night of each concert and compared it to the same day in the previous or following week.
This approach highlights how significantly hotel prices fluctuate with the arrival of major music events, providing insight into how fans’ expenses can balloon due to surging accommodation costs.
When looking at types of accommodation in some cities like Cardiff we saw prices of up to 300£ for a bed in a 16 bed dorm. Noting that there may be other events happening in these cities like the Edinburgh Fringe and Premier League home games that may lead to the cost spikes.
Feedback from the Artists
Many artists stress the fact that they try to keep ticket costs to a minimum to ensure access to tickets to as many of their fans as possible. The costs of tickets even with the controversial dynamic pricing seems to be the least of their worries.
This trend suggests that fans eager to see their favorite artists might need to budget as much for accommodation as they do for tickets, if not more.
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