SINGAPORE — After standing in line for 36 hours, Qayyum Lukman on Friday emerged triumphant from a kiosk where he had just scored tickets to see pop sensation Taylor Swift perform in Singapore, her only stop ... CDNDigital
When Swift brings her acclaimed “Eras Tour” to Singapore next March, Lukman will be one of the 300,000 fans – called “Swifties” – in the audience for one of the six shows in the city state.
But many “Swifties” across the region of more than half a billion, couldn’t get a ticket, partly as a result of a post-pandemic spike in demand for concerts and entertainment. The demand has led to rising prices that some economists have termed “Swiftflation”. Indonesian Friski Riana, 31, joined virtual queues of millions of fans, even borrowing her friend’s credit card to try and get tickets.Hours after the pre-sale closed, touts were marking up S$358 tickets to at least S$1,000 on marketplace app Carousell.
Amid the ticket frenzy for Swift this week, Singapore’s central bank was even asked if concerts like hers would add to inflation woes, while the Business Times reported a spike in prices for flights and hotels the week “Taytay” performs on the island.
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