European arenas battle soaring energy costs
Venue heads say the ballooning cost of electricity and gas is their number one challenge since the Covid-19 pandemic
News By IQ | 24 August 2022
A number of European arenas have told IQ that skyrocketing energy costs are emerging as the sector’s biggest challenge since the Covid-19 pandemic.
Though many arenas are experiencing a boom time thanks to pent-up demand and rescheduled shows, venue heads are reckoning with the ballooning cost of electricity and gas amid wider inflation.
“We are facing massive price increases across all our markets, at unprecedented levels,” ASM Global’s Marie Lindqvist tells IQ. “The market is incredibly volatile and…
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