Taylor Swift’s American fans, reeling from sticker shock as they hunt for Eras tour tickets, could pay a lot less to see her in Europe, even including airfare and hotel.
According to a route calculated by CNN, traveling to Sweden from New York to see Swift would cost around $1,300. This includes $300 for a concert ticket, $700 for a round-trip flight and $300 for a night in a four-star hotel.
Of course, it is unlikely that an American tourist would stay just one night in Sweden and return to the United States the next day. And the cost of food, drinks and souvenirs would also add to the bill.
But that compares to ticket prices of $2,000 to $8,500 for Swift’s upcoming shows in Miami, New Orleans and Indianapolis, according to prices on StubHub cited by CNN.
Many Swifties in the United States have already done the math. In fact, Swift’s concerts this month in Paris, where the European leg of the Eras tour kicked off, attracted five times more Americans as reservations for Paris Olympic Games this summer.
The upsetting economic situation involved in traveling abroad to get a better deal on a concert is due in part to strong US dollarwhich helped fuel a wave of American tourism abroad.
Indeed, the Federal Reserve’s aggressive rate hikes and long-term hike policy have boosted the greenback against major global currencies, which have collapsed as other central banks are expected to soon begin cutting rates. . The result is that the dollar has a greater value abroad, making foreign vacations less expensive for Americans.
Additionally, several European countries and the European Union impose limits on ticket reseller markups, CNN noted, with prices in Portugal, Spain and Germany for Swift’s Eras tour ranging between $300 and $400.
Meanwhile, Swift’s high ticket prices in the United States sparked such outrage that a “Bill Taylor Swiftwas enacted in Minnesota to protect online ticket buyers from hidden fees and questionable resellers. THE Department of Justice is also reportedly preparing an antitrust lawsuit against Live National EntertainmentTicketmaster’s parent company as overall industry practices come under greater scrutiny.
At the same time, Swift surprise release last month of a double album added to the hype around his tour, which has already propelled Swift to a net worth of $1.1 billionputting her on the Forbes list of first time billionaires
