Taylor Swift’s Eras Tour is projected to significantly boost UK spending, potentially adding almost £1 billion to the economy this year, with over a million fans eagerly anticipating her live performances, according to new data.
The tour, covering six continents, includes 15 UK dates in June and August. Fans are expected to spend an average of £848 on tickets, travel, accommodation, and outfits, based on a report from Barclays.
This report is another instance of the phenomenon known as “Swiftonomics,” underscoring the substantial economic impact of the singer.
When tickets for the Eras Tour became available last year, the overwhelming demand caused website crashes and resulted in fully booked hotels in host cities globally.
In Seattle, her concerts even triggered seismic activity comparable to a 2.3 magnitude earthquake.
Last month, Swift, known for hits like “Shake It Off” and “Cruel Summer,” made her debut on the Forbes rich list.