Glastonbury Price May Signal End of European Festival Bubble

But the surprise, if it can be consider May Signal End such a thing, is 340 pounds sterling, almost 400 euros, which represents an increase of close to 25%, more than double British year-on-year inflation . While waiting for the prices of the major Spanish festivals, this signal may be worrying. According to the festival organization, the increase is due not only to inflation, but also to the two years during which the event was not held. It is the same list of problems that Spanish events have to face. Apart from some smaller events, or those that do not take place on a single day, such as Madrid’s Noches del Botánico, season tickets may face a similar increase when they are announce in the coming months.

Income from a Festival

With a crisis that is more than prictable and with an evident decrease in consumption, it is normal to expect ticket sales to be somewhat more complicated than other years and that consumption during the event is lower. It is a risk that Crypto Email List   know and that they will have to deal with. The truth is that although the increase in admissions would allow them to cushion this problem a little. Assuming of course that the posters are striking enough to attract the attention of music lovers. But in addition, advertising expenses usually decrease in times of crisis Which could complicate the work when looking for sponsors. The ones that really make these events profitable.In 2022, Madcool, Primavera Sound and others had the sponsors they already had in 2020.

 

Poster Predictions in Glastonbury and Spain

Even under these conditions, the Catalan festival has manage to keep the price of its first pre-sale at 270 euros, although the rest remain silent. Part of what has generated criticism of Glastonbury is that not only did they announce a significant Qatar Phone Number List increase in their price, those £60 are equivalent to a one-day ticket to the festival this year. But it was also done before knowing if the festival’s lineup deserves such an increase. Although traditionally a rock festival, this one has diversifi (or homogeniz with the others however you want to see it) in recent years. For now, Efestival, an English outlet specializing in the festival scene, is preicting that names like the Arctic Monkeys, Elton John and The 1975 will appear on the lineup . They are names that could coincide with what is announce.