Pop superstar Taylor Swift has been a significant boost to Philadelphia’s hotel industry, with her concerts in May leading to the city’s best month of hotel revenue since the pandemic began, The Hill reports.
Swift’s Impact on Philly’s Hotel Revenue
Swift’s three sold-out shows at the Lincoln Financial Field in Philadelphia were a major contributor to the surge in hotel revenue. The Federal Reserve report highlighted the influx of guests for the Taylor Swift concerts as a key factor in the strong performance.
Boost to Local Businesses
Local businesses also experienced a boost during the Eras Tour weekend.
“We saw 30,000 people throughout the weekend, Friday through Sunday, at the Independence Visitor Center,” Jennifer Nagle, of the Philadelphia Visitor Center Corporation, told CBS News. This was just 10% shy of the numbers seen in 2019.
Record-Breaking Tour
The Eras Tour is on track to become one of the highest-grossing tours in music history, according to Bloomberg. However, the tour has also faced issues, with fans experiencing technical difficulties when trying to secure tickets through Ticketmaster.
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