Tuesday May 27, 2025

TicketHold releases 2025 Report on Leisure Spending Trends, Funflation, and the Future of Live Events

In this episode of Global Economic Press, Alex Brady delves into TicketHold's 2025 Report on Leisure Spending Trends, Funflation, and the Future of Live Events. The report highlights the phenomenon of "funflation," where increased discretionary spending on leisure activities during periods of broader inflation is causing significant shifts in ticketing behavior, pricing structures, and fan engagement. With ticket prices reaching unprecedented levels, the analysis provides insights into the economic forces driving these changes and how both fans and industry stakeholders are adapting. Key findings include a 45 percent increase in the average United States concert ticket price since 2019, with major tours by artists like Kendrick Lamar, SZA, and Lady Gaga setting new benchmarks.

The report also explores the factors contributing to higher prices, such as rising production costs, dynamic pricing tools, and general inflation. Fans are responding by shortening purchase windows, utilizing wishlists and price alerts, and attending fewer events. Looking ahead to 2026, TicketHold anticipates a plateau in ticket inflation as production expenses stabilize and new transparency rules are considered. The company aims to provide complete price transparency and flexible tools to keep live events accessible. For more information, visit TicketHold's website at https://www.tickethold.com.

Comment (0)

No comments yet. Be the first to say something!

Copyright 2024 All rights reserved.

Podcast Powered By Podbean

Version: 20241125