🎁Will Taylor Eras Tour Boost Singapore Tourism?

This Saturday, Taylor Swift's Eras tour will kick off in Singapore.

The Thai Prime Minister stated that

Singapore has provided sponsorship of up to $3 mln for Taylor's concert. Taylor will perform six concerts in Singapore, which means the sponsorship could amount to as much as $18 mln.

The high sponsorship fee also comes with a clause, which stipulates that Taylor Swift's global tour, apart from Singapore, cannot take place in any other Southeast Asian country.

If I had known earlier that exclusive performance rights could be purchased, I would have pushed Thailand to strive for it.

He estimates that Thailand might have to pay around 500 million Thai baht (approximately 19 million Singapore dollars) for this.

Many foreign fans will come to Singapore to attend the concert. A total of six concerts can bring huge profits to tourism activities such as hotels, retail, sightseeing, and dining.

Some say that it is a business opportunity that can boost the national economy.

Others comment that it won't truly improve people's livelihoods.

$Tiger Brokers(TIGR)$ $SINGAPORE AIRLINES LTD(C6L.SI)$ $Genting Sing(G13.SI)$

Do you agree with the government's high sponsorship for Eras Tour?

Will Taylor's concerts boost Singapore's tourism income?

Would you attend Taylor's concert?

Leave your comments and also post to win tiger coins!

# $18 Mln Fees! Will Taylor's Tour Boost Singapore Tourism?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment40

  • Top
  • Latest
  • Shyon
    ·2024-02-26
    TOP

    美国流行歌星泰勒·斯威夫特尚未抵达,但她即将在新加坡停留的连锁反应已经感受到,而且可能是广泛的。

    据报道,斯威夫特演唱会前后的航班和住宿需求增加了30%。这可能会给新加坡经济带来巨大的好处,特别是对酒店、零售、旅游和餐饮等旅游活动,就像泰勒·斯威夫特在其他城市表演过一样。到目前为止,已售出30多万张门票,其中“相当多”的粉丝来自其他国家。

    3月份,新加坡航空公司和酷航飞往新加坡的航班需求都有所增加,尤其是来自东南亚的航班。此外,酒店的需求也有所上升。

    我相信,举办独家活动提供了宝贵的品牌推广机会,其影响可以在音乐会结束后持续很长时间,极大地提升了新加坡作为一个充满活力、文化丰富的目的地的形象。这对新加坡经济有利,对以下股票有利$云顶新加坡(G13.SI)$ $新加坡航空公司(C6L.SI)$ $Grab Holdings(GRAB)$ $星展集团控股(D05.SI)$ $胜科工业(U96.SI)$ .你同意我的观点吗?

    @GoodLife99 @Fenger1188 @b1uesky @Universe宇宙 @icycrystal @koolgal @rL @TigerStars @CaptainTiger @MillionaireTiger [酷][酷][酷][吝啬鬼][吝啬鬼][吝啬鬼][愤怒][愤怒][愤怒][意见][意见][意见]

    Reply
    Report
    Fold Replies
    • ShyonReplying toLeira
      就是今天了!
      2024-03-02
      Reply
      Report
    • Leira
      太好了
      2024-03-02
      Reply
      Report
    • ShyonReplying toBrando741319
      呵呵谢谢支持😁😁😁
      2024-02-28
      Reply
      Report
    View more 12 comments
  • icycrystal
    ·2024-02-26
    TOP

    being the only stop in South East Asia will definitely boost Singapore's economy and make Singapore a "known" country to the world.

    the tickets too expensive, so won't be attending [What] [What] [What]

    @Aqa @HelenJanet @LMSunshine @Universe宇宙 @rL @koolgal @Shyon @GoodLife99 @DiAngel

    Do you agree with the government's high sponsorship for Eras Tour?


    Will Taylor's concerts boost Singapore's tourism income?


    Would you attend Taylor's concert?


    Leave your comments and also post to win tiger coins!

    Reply
    Report
    Fold Replies
    • Universe宇宙
      [ShakeHands]
      2024-02-26
      Reply
      Report
    • Shyon
      Yeah expensive 🫰🏼🫰🏼🫰🏼
      2024-02-26
      Reply
      Report
  • Eaglethought
    ·2024-02-28
    TOP
    //@Shyon:

    American pop star Taylor Swift has yet to arrive but the knock-on effects of her upcoming stop in Singapore are already being felt and are likely to be wide-ranging.

    As reported, demand for flights and accommodation around the dates of Swift's concerts has increased up to 30 per cent. It is likely to generate significant benefits to the Singapore economy, especially to tourism activities such as hospitality, retail, travel and dining, as has happened in other cities in which Taylor Swift has performed. Until now, more than 300,000 tickets have been sold, with a "significant" number of fans travelling from other countries.

    Demand for flights to Singapore on both Singapore Airlines and Scoot has increased in March, particularly from Southeast Asia. Moreover, hotels also have seen an uptick in demand.

    I believe that hosting exclusive events offers invaluable branding opportunities whose impact can persist long after the concerts are over, significantly boosting Singapore's image as a vibrant, culturally rich destination. This is good for Singapore economy and there bullish for the following stocks $Genting Sing(G13.SI)$  $SINGAPORE AIRLINES LTD(C6L.SI)$  $Grab Holdings(GRAB)$  $DBS GROUP HOLDINGS LTD(D05.SI)$  $SEMBCORP INDUSTRIES LTD(U96.SI)$  .Do you agree with me? 

    @GoodLife99  @Fenger1188  @b1uesky  @Universe宇宙  @icycrystal  @koolgal  @rL @TigerStars  @CaptainTiger  @MillionaireTiger  [Cool]  [Cool]  [Cool]  [Miser]  [Miser]  [Miser]  [Anger]  [Anger]  [Anger]  [Observation]  [Observation]  [Observation]  

    Reply
    Report
    Fold Replies
    • aLex0099
      Singapore is the only stop in S.E.A sure will sparks Tourism boom.
      2024-02-28
      Reply
      Report
    • Shyon
      [Cool] [Cool] [Cool]
      2024-02-28
      Reply
      Report
    • Universe宇宙
      [Chuckle]
      2024-02-28
      Reply
      Report
  • Aqa
    ·2024-02-26
    🇸🇬 Singapore pays Taylor Swift $18 million for 6 concerts with exclusive performance rights so that her present global tour cannot take place in any other Southeast Asian country. The tickets are currentsold out. Hopefully many foreign fans while attending the concerts, will bring huge profits to tourism activities such as hotels, retail, sightsee, and dining. Looks likely it is a business opportunity that can boost Singapore’s economy.
    Reply
    Report
  • Boyboy89
    ·2024-02-27
    If each of the 300,000 ticket holding spend $1k in SGP, it generates $300 million sales for retail, hotels, F&B, etc. It is definitely a good deal for Singapore.
    Reply
    Report
  • Jaja2000
    ·2024-03-07
    Who cares what other think.
    It's part of business and our team is very quick by negotiating Taylor to our market.
    It's a win win situation for both Sg n Taylor and I don't see why there are reasons for all those bickering. The effects are tremendous for our tourist tickets n economy.
    Reply
    Report
  • Kerrisdale
    ·2024-03-01

    Taylor Era tours are being raised as one main driver for $AMC Entertainment(AMC)$ latest better financial results,  with the previous quarter (2022Q4), there has been an improvement in various metrics, such as the quick ratio, gross profit margin, and net profit margin.
    Will this boost SG Tourism for local f&b and tourism biz, i can generally said a big Yes.. but not a long term.
    Anyway enjoy bathe in the joy watching Taylor shows.! @Tiger_Earnings @Tiger_chat @Tiger_comments

    Reply
    Report
  • Barcode
    ·2024-02-28
    I agree with the governments sponsorship fee
    Taylor Swift's tour could potentially boost tourism income in Singapore, as her concerts tend to attract large crowds of fans from various countries. These fans may travel to Singapore specifically to attend her concerts, contributing to the local economy through spending on accommodations, dining, transportation, and other activities. Additionally, high-profile events like Swift's tour can generate publicity and media coverage for Singapore, further promoting the country as a tourist destination.
    I would not personally attend a concert.
    Reply
    Report
  • Aqa
    ·2024-02-27
    💃🏻💃🏻 Sure all my tiger friends here would like to attend Taylor Swift’s concert but all the tickets are sold out. Is Tiger Broker giving us tickets to the concert? [Chuckle][Chuckle]
    Reply
    Report
  • DiAngel
    ·2024-02-26
    It definitely will. Even small business that are selling beads are profitting from it as fans are crazy in making friendship bracelets to be exchanged at the concert.


    In addition, manicure services will also profit from it too as the fans will be crazy to paint their nails as according to her album colour. Pink for lover, Red for red, gold for fearless, black for reputation, beige for evermore, purple for speak now, dark blue for midnights, grey for folklore, teal for 1989 and bluish-green shade for Taylor Swift.


    Hotels will benefit from it too as the fans need a place to sleep. Since they can afford the expensive ticket, i dont think they will cut cost by staying in budget hotel or hostel.


    Today MBS announced that MBS from 28Feb to 13Mar will have Eras tour light and water show. Ticket admission is required even though it is FOC. Crowd controlled is required. Dont think they want another dragon drone event where it is so packed - packed like sardine.
    Reply
    Report
  • Finarich
    ·2024-02-26
    Securing the only Southeast Asian stop for The Eras Tour could attract tourism and boost the local economy. Taylor Swift's immense popularity undoubtedly draws international fans.
    Reply
    Report
  • thisishanong
    ·2024-02-26
    Yes of course; but I couldnt get the ticksts
    Reply
    Report
  • setia100
    ·2024-02-26
    钱❗钱❗钱❗这是一个富人的世界❗́
    Reply
    Report
  • ATNT
    ·2024-02-29
    Yes,yes,yes! She's a musical legend
    Reply
    Report
  • Eeyore Trade
    ·2024-02-26
    Yes but wont be attending [Sad]
    Reply
    Report
  • 123321Alex
    ·2024-02-29
    wow
    Reply
    Report
  • Ah Huat Kopi
    ·2024-02-26
    Nice 👍
    Reply
    Report
  • boonk
    ·2024-02-26
    Support
    Reply
    Report
  • AuntieAaA
    ·2024-02-26
    GOOD MOVE
    Reply
    Report
  • VivianChua
    ·2024-02-26
    Nice 💚 💚 💚
    Reply
    Report