Harry Styles fans to splash over £1 bn on London concerts: Barclays / Photo: Joris van Gennip - ANP/AFP/File
-
Kospi Falls Below 5,000 as U.S. AI Regulation Fears Trigger Circuit Breaker
-
BYD Drops Rotating Screens in New Models Due to Tech Limits
-
Valsoft's TAG Software Group Enters the Content Operations Market with the Acquisition of Chalco
-
Samsung Leads Global DRAM Market as SK Hynix Gains Share
-
South Korea Proposes Fourth Delay of Cryptocurrency Gains Tax to 2029
-
Kakao Details Spinoff Plan to Monetize AI Through KakaoTalk
-
ASIC Fines Mona Museum Owner's Company for Late Financial Report
-
Business Leaders Condemn Productivity Commission Inquiry for Excluding Tax and Labor Issues
-
Business Leaders Criticize Productivity Commission Inquiry Scope
-
Sheikh Hasina Vows Return to Bangladesh Despite Death Sentence
NYSE - LSE
Harry Styles fans to splash over £1 bn on London concerts: Barclays
Harry Styles' dozen concerts in London this summer will see fans spend more than £1.0 billion ($1.3 billion) combined on tickets and costs including accommodation and travel, Barclays forecast Tuesday.
The British bank said the figure, which is similar to estimates it gave for Taylor Swift's UK tour in 2024 and the Oasis UK reunion last year, highlighted "the rise of concert tourism".
"Harry Styles' Wembley residency is set to deliver a significant boost to London," Barclays' head of hospitality and leisure, Rich Robinson, said in a statement.
"It also underlines consumers' growing appetite for memorable experiences, as people increasingly prioritise events that feel personal, meaningful and worth travelling for."
Fan spending across the 12 Styles concerts at the London stadium is set to total £1.06 billion, or £981 per person, despite inflationary pressures.
Alongside buying tickets, those attending are due to spend on average hundreds of pounds on food, drinks, outfits and official merchandise, Barclays estimated.
Styles kicked off his "Together, Together" tour in Amsterdam on Saturday ahead of performing across the globe, including in New York, Sao Paulo and Sydney.
The 32-year-old Briton burst onto the pop scene at the age of 16 thanks to the X-factor talent show that led him to front boy band One Direction.
The artist's solo career has cemented his status as one of the world's biggest pop stars, thanks to smash hits "Watermelon Sugar", "Sign of the Times" and "As It was".
O.Gaspar--PC
