The Prague Post - British hospitality eyes big bucks ahead of Oasis tour

EUR -
AED 4.269035
AFN 80.781812
ALL 97.456094
AMD 446.576198
ANG 2.080099
AOA 1065.794205
ARS 1494.414015
AUD 1.786168
AWG 2.092071
AZN 1.980459
BAM 1.952133
BBD 2.345793
BDT 141.045021
BGN 1.956323
BHD 0.43834
BIF 3400.777093
BMD 1.162261
BND 1.491298
BOB 8.027918
BRL 6.486005
BSD 1.161817
BTN 100.019096
BWP 15.598695
BYN 3.802157
BYR 22780.325028
BZD 2.333716
CAD 1.596192
CDF 3354.287055
CHF 0.932807
CLF 0.029182
CLP 1119.862642
CNY 8.342655
CNH 8.346165
COP 4657.181754
CRC 586.298532
CUC 1.162261
CUP 30.799929
CVE 110.589638
CZK 24.634179
DJF 206.557568
DKK 7.463699
DOP 70.259163
DZD 151.472937
EGP 57.439973
ERN 17.433922
ETB 158.653194
FJD 2.620788
FKP 0.866542
GBP 0.866519
GEL 3.150183
GGP 0.866542
GHS 12.116623
GIP 0.866542
GMD 83.106172
GNF 10060.535793
GTQ 8.920242
GYD 243.073343
HKD 9.117767
HNL 30.626041
HRK 7.532663
HTG 152.54342
HUF 398.923459
IDR 18977.696027
ILS 3.902549
IMP 0.866542
INR 100.129761
IQD 1522.56254
IRR 48945.741055
ISK 142.354235
JEP 0.866542
JMD 185.790958
JOD 0.824089
JPY 172.949203
KES 150.51728
KGS 101.640213
KHR 4672.291561
KMF 491.989694
KPW 1046.077104
KRW 1616.942576
KWD 0.355234
KYD 0.968181
KZT 619.356427
LAK 25064.169244
LBP 104080.516031
LKR 350.521482
LRD 233.614962
LSL 20.595717
LTL 3.431856
LVL 0.703041
LYD 6.311522
MAD 10.521377
MDL 19.762872
MGA 5148.818764
MKD 61.444565
MMK 2439.88243
MNT 4168.596049
MOP 9.392835
MRU 46.281692
MUR 53.119698
MVR 17.903172
MWK 2018.271404
MXN 21.795313
MYR 4.935007
MZN 74.338683
NAD 20.595712
NGN 1779.387897
NIO 42.713547
NOK 11.840776
NPR 160.030354
NZD 1.948796
OMR 0.447149
PAB 1.161817
PEN 4.142886
PGK 4.804212
PHP 66.377189
PKR 331.157397
PLN 4.244708
PYG 8992.106697
QAR 4.231334
RON 5.072695
RSD 117.06767
RUB 91.265035
RWF 1670.750879
SAR 4.359791
SBD 9.64543
SCR 16.424358
SDG 697.942292
SEK 11.235354
SGD 1.492697
SHP 0.913355
SLE 26.62005
SLL 24372.046713
SOS 664.236693
SRD 43.245469
STD 24056.466061
STN 24.843339
SVC 10.165902
SYP 15112.221726
SZL 20.595702
THB 37.634455
TJS 11.182492
TMT 4.079538
TND 3.367657
TOP 2.722137
TRY 46.923174
TTD 7.887182
TWD 34.181766
TZS 3028.605902
UAH 48.520146
UGX 4163.178714
USD 1.162261
UYU 46.822036
UZS 14728.762822
VES 135.943958
VND 30404.760344
VUV 139.137302
WST 3.060577
XAF 654.732599
XAG 0.030439
XAU 0.000347
XCD 3.14107
XCG 2.093866
XDR 0.81565
XOF 654.353599
XPF 119.331742
YER 280.163552
ZAR 20.584075
ZMK 10461.752209
ZMW 26.750744
ZWL 374.247723
  • CMSC

    0.0900

    22.314

    +0.4%

  • CMSD

    0.0250

    22.285

    +0.11%

  • RBGPF

    0.0000

    69.04

    0%

  • SCS

    0.0400

    10.74

    +0.37%

  • RELX

    0.0300

    53

    +0.06%

  • RIO

    -0.1400

    59.33

    -0.24%

  • GSK

    0.1300

    41.45

    +0.31%

  • NGG

    0.2700

    71.48

    +0.38%

  • BP

    0.1750

    30.4

    +0.58%

  • BTI

    0.7150

    48.215

    +1.48%

  • BCC

    0.7900

    91.02

    +0.87%

  • JRI

    0.0200

    13.13

    +0.15%

  • VOD

    0.0100

    9.85

    +0.1%

  • BCE

    -0.0600

    22.445

    -0.27%

  • RYCEF

    0.1000

    12

    +0.83%

  • AZN

    -0.1200

    73.71

    -0.16%

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."

D.Kovar--TPP