With concert ticket prices being high in the United States, some music lovers have decided to fly to Europe in order to get a better deal and travel at the same time.
A Daily Mail analysis shows that the price difference between the US and Europe for concert tickets on Ticketmaster is major.
For this reason, some fans have decided to rather pay for a flight and a cheaper concert ticket in Europe than for a more expensive one in the US.
According to the analysis, ticket prices for Beyoncé, Madonna, Pink, Bruce Springsteen, and Ed Sheeran are significantly higher in the US than in Europe.
Compared to Europe, Beyoncé’s Charlotte show in the US costs three times more than in Sweden’s Stockholm.
Data show that the price for Beyoncé’s concert in Charlotte is $618 (€562), while the price in Stockholm is $225 (€204).
Similarly, Madonna’s gig in the US also charged supreme prices compared to Europe. According to data, Madonna’s concert in New York cost $2,666 (€2,426), while the tickets for the London concert cost $1,838 (€1,673).
In addition to the above-mentioned, Bruce Springsteen concert tickets were more than fivefold in Newark at $537 (€488), while Copenhagen’s tickets cost $96 (€87) this year.
Despite the concert ticket prices being cheaper in Europe, music lovers from the US must still keep in mind that besides purchasing the ticket, they will also have to book accommodation, adding up to their total.
Due to concerts, hotel prices are especially high in Sweden as well as in London, with the hotels costing up to $1,270 (€1,156) in Cardiff, Wales, on the night of Beyoncé’s concert.
Analysing the data and the increase in prices, Statista said that this is happening for several reasons, the main one being that artists are no longer able to make money off of their albums.
This means that artists are now trying to make money through other means. Additionally, the rising costs of putting on a show, as well as the general high demand, are also some of the reasons to blame.
With Taylor Swift adding dozens of overseas shows, the ticket prices in Europe for her concert are also expected to be lower than in the US.
Due to this, Europe will be registering a high number of visitors next year when the tour is scheduled to take place.
Taking into account differences in prices, the EU Parliament passed the Digital Services Act last year, which includes ticket regulations. This act will be entering into force on January 1, and it aims to create a similar level of ticket prices across the EU Member States and put an end to buying tactics that include a limited period to purchase tickets at a low price.
