Price rise slows as 11% of European fests slash ticket costs
The European Festival Report 2017 reveals ticket prices have stabilised after an 8% spike last year, with fewer dates and a lack of big headliners keeping prices down
News By | 19 December 2017
The increase in ticket prices for European music festivals slowed this year, reveals IQ’s new European Festival Report 2017, with the average cost of a ticket increasing only marginally after a huge jump from 2015 to 2016.
Reflecting increased costs for talent and production, ticket prices spiralled 8% in 2016, with OpenAir St Gallen’s Christof Huber pointing to a combination of rising security/infrastructure costs and, especially, artist fees. In 2017, that growth has largely stabilised, increasing just 1% to €148.36 (from €146.22).
Keeping that average price…