Singapore is expected to earn hundreds of millions of dollars thanks to the increased number of tourists, money spent on air tickets, hotels, and tickets to see The Eras Tour.On March 4, The Straits Times reported that Edwin Tong – Singapore’s Minister of Culture, Community and Youth – told Parliament that Singapore’s economy will benefit greatly from Taylor Swift’s 6-night concert The Eras Tour. .
“I can assure you that the economic benefits to Singapore are significant and outweigh the size of the grant,” he said, noting direct economic benefits include increased tourist arrivals, Airfare, hotel as well as expenses for entertainment, dining and shopping activities in Singapore.
Online, there are various discussions about the size of the Singapore government’s sponsorship for the concert. Mr. Edwin Tong affirmed that all speculations are incorrect. “Those numbers are not true and not as high as rumored. But due to business secrets, we cannot disclose the size and specific conditions of the grant,” he added.
Mr. Edwin Tong said Singapore’s economy benefits greatly from Taylor Swift. Photo: CNA.
Last month, The Straits Times reported that economists estimated Singapore’s tourism revenue would increase by about $500 million. However, the actual number must wait until after the end of the concert on March 9.
The Eras Tour in Singapore is Taylor Swift’s first Southeast Asia tour, taking place in 6 nights, including March 2-3-4 and March 7-8-9. The first night, Singapore National Stadium was filled with 55,000 spectators. The following nights recorded equally large audiences. Many international artists such as Lisa (BlackPink) and SHINee’s Minho also appeared on the music show.
The worldwide hit tour brought Swift huge profits, helping her rise to the rank of billionaire. In December 2023, Guinness recognized her The Eras Tour as the highest-grossing concert series of all time, reaching more than one billion USD, surpassing Elton John’s record of 939 million USD. Singers earn about 85% of total ticket sales – a high ratio that is rare in the music industry.
News
Elon Musk Announces Plan For An Anti-Woke School “Gonna Revolutionize Schooling”
In a move that has sparked both excitement and controversy, tech billionaire Elon Musk recently announced plans to establish an “anti-woke” school, claiming it will revolutionize traditional education. The announcement has ignited discussions about the role of ideology in schooling…
Travis Kelce FIERY RESPONSE To Teammate Targeting Taylor Swift in CONTROVERSIAL Speech
In a recent turn of events, NFL star Travis Kelce found himself at the center of a heated exchange following a controversial speech by one of his teammates targeting pop sensation Taylor Swift. Known for his vocal admiration for Swift,…
Patrick Mahomes TAKES CREDIT For Playing CUPID In Taylor Swift & Travis Kelce’s Romance?!
In the realm of celebrity relationships, there are few pairings as unexpected and intriguing as the romance between pop sensation Taylor Swift and NFL star Travis Kelce. But according to recent rumors swirling around, there may have been an unlikely…
Mel Gibson Refuses To Work With Robert De Niro On A Multi-Million Dollar Project, “He’s Just A Woke Baby”
In a surprising turn of events, Hollywood veteran Mel Gibson has made headlines once again, this time for his bold refusal to collaborate with legendary actor Robert De Niro on an upcoming multi-million dollar project. Gibson, known for his outspoken…
Wag Olivia Culpo PRAISES Taylor Swift For EMBRACING NFL Amid Travis Kelce’s Romance
In the glamorous world where celebrity relationships often dominate headlines, there’s one recent pairing that has caught the attention of both sports and entertainment fans alike: the romance between NFL star Travis Kelce and pop sensation Taylor Swift. But it’s…
Whoopi Goldberg Backs Beyoncé, Vows To Leave The US With Her: “She’s Country And You Guys Aren’t”
In a surprising turn of events, iconic actress and television personality Whoopi Goldberg has thrown her support behind music legend Beyoncé, declaring her allegiance and even vowing to leave the United States alongside her. Goldberg’s bold statement comes amidst a…
End of content
No more pages to load