Latest news with #ticketprices
Yahoo
2 days ago
- Business
- Yahoo
Airline Industry Benefiting From Lower Oil Price, IATA Head Says
(Bloomberg) -- The global aviation industry is benefiting from lower oil prices because they're bringing down the cost of kerosene, the head of the IATA industry association said. Billionaire Steve Cohen Wants NY to Expand Taxpayer-Backed Ferry Now With Colorful Blocks, Tirana's Pyramid Represents a Changing Albania Where the Wild Children's Museums Are The Economic Benefits of Paying Workers to Move NYC Congestion Toll Brings In $216 Million in First Four Months The reduction in oil prices is in turn helping drive down ticket prices, said Willie Walsh, the director general of the International Air Transport Association. 'It's typically our single biggest cost, so it would help to offset any weakening demand if we were to witness a slowdown,' Walsh said in an interview with Bloomberg Television at IATA's annual general meeting in New Delhi. 'It also tends to have an impact on pricing. There's almost a direct correlation between the price of oil and and the price of airline tickets.' Airlines have become increasingly cautious about the demand outlook as global economic dislocations prompted by President Donald Trump's tariffs hurt demand. At the same time, a diminished economic outlook has also depressed oil prices, providing a cost advantage for carriers. Walsh said that while lower ticket prices typically stimulate demand, it also 'clearly drives down the overall revenue for the industry.' Global aviation executives are meeting in New Delhi over the next few days to discuss the state of the industry. Walsh is set to unveil his formal outlook for profitability and revenue for the airline industry on Monday. YouTube Is Swallowing TV Whole, and It's Coming for the Sitcom Millions of Americans Are Obsessed With This Japanese Barbecue Sauce AI Is Helping Executives Tackle the Dreaded Post-Vacation Inbox How Coach Handbags Became a Gen Z Status Symbol Mark Zuckerberg Loves MAGA Now. Will MAGA Ever Love Him Back? ©2025 Bloomberg L.P.
Bloomberg
2 days ago
- Business
- Bloomberg
Airline Industry Benefiting From Lower Oil Price, IATA Head Says
The global aviation industry is benefiting from lower oil prices because they're bringing down the cost of kerosene, the head of the IATA industry association said. The reduction in oil prices is in turn helping drive down ticket prices, said Willie Walsh, the director general of the International Air Transport Association.
CNET
3 days ago
- Business
- CNET
I Go to at Least 3 Concerts a Month. Here Are the 7 Ways I Get Cheaper Tickets
Ticket prices have gone up faster than the cost of other consumer goods over the last 20 years. Flashpop/Getty Images If you've been waiting to see your favorite artist perform live, you'll likely need to shell out some serious cash. In 2025, that can mean spending hundreds, even thousands, of dollars for one ticket. For instance, the average price for a secondhand ticket to Taylor Swift's three Eras tour shows in Miami in October 2024 was $3,472, according to a study conducted by SeatPick. CNET While Taylor Swift is certainly one of the largest artists in the world, demonstrated by the Ticketmaster fiasco surrounding tickets her Eras tour, she's not alone. Artists like Sabrina Carpenter, Olivia Rodrigo, Noah Kahan, who headlined the year's top 100 concerts, have average ticket prices well above $100. Trust me, I understand the mental debate of deciding between either seeing your favorite artist or spending upwards of $500 on a ticket. But here's the thing: you don't always have to spend that much. I prioritize seeing live music twice a week at local venues, but I also go to at least three bigger concerts (at stadiums or amphitheaters) each month. For instance, I'm going to Jin's tour here in Tampa this July, and was able to score an affordable ticket even though he is one of the biggest K-pop artists in the world. I won't gatekeep my tricks of the trade. So while concert tickets for bigger musicians may never be cheap, there are effective ways to save. Below, I break down how much concert ticket prices have risen over the years and efficient tips for saving money. Read more: Buying Concert Tickets Online Is a Mess. 10 Tips for Grabbing the Seats You Want Are concert tickets getting more expensive? Concert tickets can be outrageously expensive. I'm not making that statement based on the anecdotal evidence of millions of people who recount the nightmare experience of fighting for presale codes and then being bombarded with taxes and fees after selecting their seats. I'm basing it on decades of data on the rising ticket costs. According to Pollstar, the average ticket price data from the top 100 tours over the last four years is as follows: Year Average ticket price 2018 $85.03 2019 $91.18 2022 $102.7 2023 $122.84 Based on data provided by Pollstar, ticket prices have gone up faster than the cost of other consumer goods over the last 20 years and have outpaced inflation. My 7 go-to tips for saving money on concert tickets Here are time-honored tips -- plus my own personal lessons from concert ticket debacles over the years -- to finding the lowest ticket prices. Buy tickets early Buy tickets as soon as they go on sale. Early-bird tickets are often cheaper than waiting until closer to the concert date. Being strategic about buying tickets early and using a presale code can help you find the lowest-cost tickets available. PeopleImages/Getty Images Sign up for ticket presales Join artist fan clubs, subscribe to newsletters or follow your favorite artists on social media to access presale offers, which usually have discounted prices. Many concert ticket-distributors, such as Ticketmaster, Live Nation and AXS, offer presale opportunities, so it's best practice to sign up for notifications to never miss out on low ticket prices. Attend weekday shows Concert tickets are usually cheaper on weekdays than on weekends, as demand is generally lower. Over the years, I've saved hundreds of dollars opting to see my favorite artists on weekday nights or even Sunday nights rather than on Fridays and Saturdays. Use student or military discounts Many venues or ticketing platforms in the US offer discounted tickets for college students, military personnel and seniors. Double-check if you qualify for any special discounts. Use a credit card with entertainment rewards You could save up to 4% on concert tickets with an entertainment rewards credit card. Some credit cards may even have partnerships with ticket-distribution companies and will offer card holders exclusive deals, discounts and access to presale tickets. Volunteer at music festivals or venues Volunteering at a multiday music festival or music venue can be an efficient way to get free or discounted concert tickets. For many festivals, you can volunteer for a several-hour shift and then attend the rest of the day for free. Volunteers at music venues, symphonies or theaters often receive discounted or free tickets to performances as a thank you for their work. By volunteering at music venues or festivals, you may receive free or discounted tickets in return for your work. Monkeybusinessimages/Getty Images Purchase during Concert Week Live Nation hosts a Concert Week in early May each year in which the ticket-distribution company offers discounts up to 75% off for over 5,000 shows. In 2025, discounted tickets were available for hundreds of artists, which means there's something for everyone, across all genres. Live Nation also announced the launch of a $30 concert ticket initiative for this upcoming summer. This offering started May 21st and will allow fans to access more than 1,000 shows at select amphitheaters across the US and Canada throughout the summer for just $30. This initiative applies to artists such as The Offspring, Halsey, Avril Lavigne, Kesha, Dierks Bentley, Rod Stewart and more. For more money saving tips, here's tips for saving money on airfare.
Daily Mail
6 days ago
- Business
- Daily Mail
Popular theme park blasted for 'absolute robbery' non-rider fee
One of the UK's most iconic amusement parks has sparked fierce backlash after introducing a 'rip-off' ticket price for non-riders. Blackpool Pleasure Beach now charges all guests an entry fee - regardless of whether they plan to ride. Up until 2009, the popular seaside attraction allowed visitors to roam the site freely, ideal for anyone who preferred not to take on the rides to still accompany friends and family. A £10 non-rider charge was briefly introduced, before being scrapped in 2019 in line with the wider theme park industry. Since then, the park has charged a flat entry price, currently £50 on the day or £30 if booked two weeks in advance for adults and children over 11, while prices for children aged 11 and under are set at £45 and £30 respectively. The standard fee ticket brought an end to large groups hanging around at the site, which had amassed a series of complaints from paying visitors. Now, park bosses say they've 'listened to guest feedback' and responded by introducing the £25 non-rider ticket. While it doesn't allow access to the rides, it does include several add-ons, such as a £5 voucher for food and drink and entry to the Hot Ice matinee show during summer. It also grants visitors unlimited access to the Pleasure Beach Express railway, the Chinese Puzzle Maze, and Bradley and Bella's Learning Garden, as well as opportunities to meet popular costumed characters, such as the PAW Patrol pups. Despite the extras, hundreds of furious fans took to the popular Facebook page, Welcome to Blackpoo l, to condemn the 'disgraceful' pricing, while others declared it discriminatory to the elderly and people with disabilities. One person wrote, 'Ridiculous £25 to walk around and trying to sell it with £5 credit which will be lucky to buy you a slush, and ticket to hot ice that quite frankly most wouldn't want anyway, £5 to walk around is quite enough. Another said: 'Hate it when they state "we've listened carefully to Park goers" what a load of codswallop. Who in the right mind are these people that state £25 is a fantastic incentive just to walk around holding coats?' A third commented, 'Day light robbery. Disgraceful,' while a third fumed, 'It's a RIP OFF.' A fourth said, 'Bosses never listen. Needs to be free to walk of the pleasure beach,' while another added, 'Completely missed the mark with this. They had a chance to make it right and completely screwed it up. Well done.' Another added: 'So discriminating against someone like me in a powerchair and no way on earth could get on the rides. So I pay £25 for the privilege of been disabled. You need to rethink your policy.' However, others were supportive of the new fee, as one wrote: 'I'm in the minority but if they don't charge something anyone and everyone is free to roam around the park, unfortunately they will use and abuse it.' Fans took to the Facebook page, Welcome to Blackpool, to condemn the 'disgraceful' pricing, while others declared it discriminatory to the elderly and people with disabilities 'I know I felt a little safer inside with my kids... maybe they need to tweak this like maybe grandparents get in free with paying children etc but I'm just trying to see why they do it from a different viewpoint.' Announcing the new prices last week, Amanda Thompson, CEO of Pleasure Beach, defended the decision, saying: 'This year we've placed a strong focus on making visits more affordable for families, without compromising the guest experience. 'We believe we have done this in ways that allow us to continue to thrive - not only as an important destination in Blackpool, but as an employer of hundreds of local people. 'We've listened carefully to our guests, and it's clear that flexibility and choice are more important than ever. That's why we've made the decision to launch our non rider eTickets with more added benefits – a move that sets us apart in the industry.'
The Independent
27-05-2025
- Business
- The Independent
Festival season: How to keep costs down this summer at Brockwell, Glastonbury and more
As people continue to look for ways to save money, festival season can make what should be an exciting time somewhat daunting. Over a third of festival-goers have had to dip into their savings to pay for tickets this year, new data has revealed, as costs for both luxuries and essentials continues to rise. According to exclusive data shared with PA from Credit Karma, which was taken from an Opinium survey of 2,000 UK adults this month, 35 per cent of those attending festivals have used savings to pay for tickets. Akansha Nath, general manager at smart money platform Credit Karma, says that festivals can be expensive for a number of reasons, including the price of tickets. Credit Karma's research also found that 61 per cent of festival-goers say that increasing ticket prices have gone too far. Expenses such as transport, food and drink, and outfits are also mounting up, with 76 per cent of people saying these costs are all increasing. Nath added: "There are also social factors too, as people are keen to avoid 'FOMO' – fear of missing out. Three in 10 festival-goers feel pressure to attend festivals purely because their friends are going – particularly Gen Zs." Founder of ticket resale platform Twickets, Richard Davies adds that festivals have 'become big businesses' and costs behind the scenes reflect that. 'From artist fees and production to infrastructure, security and licensing – everything is now more expensive,' he says. 'Luckily there are festivals for all types of budgets, so fans can choose a one-day event or a festival that's four days with accommodation, depending on how much they want to spend.' Davies and Nath both share a number of ways that festival-goers can cut back on expenses as festival season approaches: 'Volunteering at festivals is a great way to get your ticket for free, in exchange for working a few shifts,' Nath says. 'Sites like My Cause UK and Oxfam can help you find available volunteer opportunities.' 'You can also sometimes get free meals and camping upgrades from volunteering,' Davies adds. 'Therefore, it's worth asking the organisers what the options are.' Buy and resell tickets Davies says that buying or reselling tickets can also help. 'If you missed out on the original sale for your favourite festival, set up alerts on the Twickets app to be notified as soon as any resale tickets become available,' he says. 'You can also bargain with the seller if the ticket is labelled 'accepting offers', to secure a fair price.' Pay in instalments 'Another way to cut costs is by using instalment-based payment schemes or credit that can split the cost of tickets across several months – whether that's using credit cards, Buy Now, Pay Later credit, or the festival's own payment instalment service,' Nath says. 'However, remember not to overcommit or take on more debt than you can afford to pay back.' Shop in charity shops 'Shopping in charity shops and from second-hand sites like Vinted is a great way to get festival outfits on a budget, and you can also take advantage of these to sell your outfit after the occasion,' Nath adds. Go prepared 'People should also ensure they are prepared – festival food and drink is notoriously expensive so pack a cooler box full of long-life food to keep you full throughout the weekend,' she says. 'Coffee vans will often give out free hot water if you need to mix it into your porridge or instant noodles.' Charge for free Davies adds that you can charge your devices for free, by bringing a pre-charged power bank or a solar-powered charger to the festival. When your phone runs out of battery, often the only option is to use phone charging stalls at festivals which can eat into your budget. Bringing your own charging bank saves money and some festivals even offer free eco-charging points if you bring your own lead.' Prioritise main events 'To make the most of your money and to avoid 'festival regret', prioritise events you will get the most out of, rather than giving in to pressure from friends. Many festivals offer single-day tickets so you can choose to just attend the day your favourite artists are on for a reduced cost.' 'Its always worth downloading the festival app when you arrive as some events offer discounts or freebies, surprise giveaways or share food stall deals,' Davies says. 'Keep your notifications on and check daily for the chance to save money. The festival's official app should also have useful resources like maps and timetables, to ensure you can plan your day and not miss out on the artists you really want to see.' 'With preparation and planning, there's no reason your festival fun should be limited this summer,' Nath says. 'Just remember to prioritise the events you most want to go to, set a careful budget and don't commit to more than you can afford.'
