Zürcher Nachrichten - British hospitality eyes big bucks ahead of Oasis tour

EUR -
AED 4.253793
AFN 73.538311
ALL 96.012872
AMD 436.811565
ANG 2.073056
AOA 1061.957069
ARS 1594.404251
AUD 1.662949
AWG 2.087146
AZN 1.967907
BAM 1.952753
BBD 2.333738
BDT 142.199929
BGN 1.979513
BHD 0.437188
BIF 3439.490881
BMD 1.158078
BND 1.481252
BOB 8.006885
BRL 6.049219
BSD 1.158682
BTN 108.992733
BWP 15.791107
BYN 3.434259
BYR 22698.323661
BZD 2.330614
CAD 1.598929
CDF 2640.417213
CHF 0.916078
CLF 0.026914
CLP 1062.697695
CNY 7.992473
CNH 7.991953
COP 4287.771244
CRC 538.780131
CUC 1.158078
CUP 30.68906
CVE 110.741159
CZK 24.465541
DJF 205.813906
DKK 7.473348
DOP 69.918955
DZD 153.548932
EGP 60.832783
ERN 17.371166
ETB 182.173115
FJD 2.601013
FKP 0.865346
GBP 0.865298
GEL 3.120975
GGP 0.865346
GHS 12.680718
GIP 0.865346
GMD 85.116128
GNF 10167.922589
GTQ 8.86839
GYD 242.440496
HKD 9.053331
HNL 30.712537
HRK 7.537113
HTG 151.948123
HUF 386.461924
IDR 19514.76796
ILS 3.608397
IMP 0.865346
INR 108.902099
IQD 1517.081837
IRR 1520729.78105
ISK 143.208453
JEP 0.865346
JMD 182.519893
JOD 0.821096
JPY 184.418109
KES 150.260853
KGS 101.272974
KHR 4647.365541
KMF 494.499603
KPW 1042.286578
KRW 1737.441285
KWD 0.354974
KYD 0.965639
KZT 559.089227
LAK 24997.108058
LBP 103705.861729
LKR 364.424437
LRD 212.681294
LSL 19.618142
LTL 3.419502
LVL 0.70051
LYD 7.382801
MAD 10.801971
MDL 20.261343
MGA 4829.183971
MKD 61.657391
MMK 2432.15733
MNT 4133.721531
MOP 9.331543
MRU 46.473894
MUR 53.816164
MVR 17.892624
MWK 2011.581663
MXN 20.530511
MYR 4.591194
MZN 74.003039
NAD 19.60631
NGN 1605.454434
NIO 42.524631
NOK 11.217755
NPR 174.391379
NZD 1.989022
OMR 0.445279
PAB 1.158747
PEN 4.007533
PGK 4.990736
PHP 69.517674
PKR 323.162008
PLN 4.275217
PYG 7539.299492
QAR 4.220007
RON 5.095663
RSD 117.432579
RUB 93.801927
RWF 1690.793497
SAR 4.344623
SBD 9.313304
SCR 17.058428
SDG 696.005112
SEK 10.807494
SGD 1.482044
SHP 0.868858
SLE 28.43085
SLL 24284.32366
SOS 661.262482
SRD 43.243198
STD 23969.871023
STN 24.782864
SVC 10.139308
SYP 128.486707
SZL 19.569633
THB 37.787798
TJS 11.095647
TMT 4.053272
TND 3.401852
TOP 2.788373
TRY 51.370242
TTD 7.87901
TWD 36.94728
TZS 2976.328133
UAH 50.873868
UGX 4287.420243
USD 1.158078
UYU 46.90781
UZS 14128.548223
VES 535.136558
VND 30515.348392
VUV 138.399637
WST 3.17105
XAF 654.963162
XAG 0.015959
XAU 0.000254
XCD 3.129763
XCG 2.088422
XDR 0.81354
XOF 652.57625
XPF 119.331742
YER 276.375769
ZAR 19.58907
ZMK 10424.085847
ZMW 21.698169
ZWL 372.900559
  • RBGPF

    -13.5000

    69

    -19.57%

  • RYCEF

    0.3000

    15.9

    +1.89%

  • CMSC

    0.0400

    22.91

    +0.17%

  • RIO

    0.6300

    87.4

    +0.72%

  • BTI

    0.7000

    58.46

    +1.2%

  • CMSD

    0.1000

    22.73

    +0.44%

  • BP

    0.7350

    45.525

    +1.61%

  • BCE

    -0.2600

    25.57

    -1.02%

  • GSK

    1.8750

    54.825

    +3.42%

  • RELX

    -0.0100

    32.45

    -0.03%

  • NGG

    2.0100

    84.34

    +2.38%

  • VOD

    0.0650

    14.725

    +0.44%

  • AZN

    1.4900

    187.27

    +0.8%

  • JRI

    0.2100

    12.07

    +1.74%

  • BCC

    0.8750

    74.445

    +1.18%

British hospitality eyes big bucks ahead of Oasis tour
British hospitality eyes big bucks ahead of Oasis tour / Photo: Paul ELLIS - AFP

British hospitality eyes big bucks ahead of Oasis tour

Fans are not the only ones eagerly awaiting next year's Oasis reunion tour: British hoteliers and pub owners are looking forward to a boom in business, with hopes of a Taylor Swift-style economy boost.

Text size:

The price of hotel rooms shot up in host cities including Oasis's hometown Manchester in northwestern England as soon as the tour dates were announced.

"It's clear the pull of live music is as strong as ever. Hotels will get booked up quickly as fans secure tickets, and pubs, bars and restaurants will all be packed next summer with concert-going fans," said Kate Nicholls, Chief Executive of UKHospitality, which represents the industry.

"We expect to see huge demand from fans, both from the UK and from abroad, and that will no doubt deliver a multi-million-pound boost to the hospitality sector next year."

Warring brothers Liam and Noel Gallagher have put their 15-year feud behind them to reunite for the tour.

The Britpop duo behind hit songs including "Wonderwall" and "Champagne Supernova" announced on Tuesday they would play an initial 14 gigs next year in Cardiff, Manchester, London, Edinburgh and the Irish capital, Dublin, starting in July 2025.

Furious fans accused one hotel in Manchester of cancelling their reservations for the dates to relist the rooms for three times the price.

The hotel blamed a "technical error", but consumer body Which? said it was concerned about such practices and called on customers to be vigilant.

- 'Eye-watering price rises' -

"Some accommodation providers will charge whatever they can get away with when a major event comes to town", said Lisa Webb, a consumer law expert at Which?, adding that some hotels had made "eye-watering price" rises ahead of the tour.

One fan in Manchester living near the city's Heaton Park venue offered an innovative solution in a viral post on X.

She offered concert-goers a free camping spot in her garden in exchange for a ticket.

The tour looks set to "join the likes of Taylor Swift, Harry Styles and Beyonce in delivering record-setting shows", added UKHospitality's Nicholls.

The economic impact of the European leg of Taylor Swift's "Eras Tour" -- which ended last week in London -- went far beyond ticket sales.

British bank Barclays estimated in a study in May that Swift's tour would inject almost £1 billion ($1.3 bn) into the UK economy, with fans splurging on tickets, travel, accommodation and eating and drinking out.

Several economists also believed that the tour and related activities could have marginally boosted inflation.

Tuesday's tour announcement delighted fans who had despaired of ever seeing brothers Liam and Noel Gallagher perform together again.

As expected, sky-high demand led to a further three dates being announced on Thursday.

The three extra concerts take the total announced so far for the UK and Ireland in 2025 to 17.

More on "continents outside of Europe later next year," are also expected according to a statement posted on Oasis's website.

- £400 million profit -

Ticket prices were also unveiled on Thursday with seated tickets priced at around £75 and standing tickets at around £150.

Ticket sales, merchandise and possible licensing for a film alone could generate a £400 million profit, said Matt Grimes, a music industry researcher at Birmingham City University.

After accounting for expenses and paying their teams, the Gallagher brothers could come away with £50 million each, he told AFP.

They will not be the only ones to profit.

"When a band like Oasis comes to your city to play, you've got people coming along. So hotels make money, public transport companies make money, food outlets make money, licensed pubs make money," he said.

UK tickets will go on sale on Saturday at 9:00 am (0800 GMT). "They will be gone before midday," Grimes added.

"This is probably going to be perhaps a once in a lifetime event, so people will find the money to buy the tickets."

R.Bernasconi--NZN