Tag: Ticket Pricing

Exclusive: Pyeongchang 2018 has reacted positively to ticket sales criticism, claims IPC President Parsons | Inside the Gamez

Exclusive: Pyeongchang 2018 has reacted positively to ticket sales criticism, claims IPC President Parsons | Inside the Gamez

During the Olympics, organisers admitted only 12 per cent of an original target of 3.3 million tickets had been sold. A late push and a new pricing strategy eventually saw more than two million tickets sold. “We don’t only want full venues, we want the Games to be promoted to people – for example, people […]

Russia to crack down on World Cup 2018 ticket touts | Sport

Russia to crack down on World Cup 2018 ticket touts | Sport

Russian Prime Minister Dmitry Medvedev vowed on Thursday to crack down harshly on people who intended to profit from reselling their tickets to the 2018 World Cup. The price of admission for the June 14-July 15 event ranges from 1,200 rubles ($22, 19 euros) for the nosebleed seats at the opening matches to 66,000 rubles […]

Winter Olympics 2018 Ticket Prices and Costs: What to Know | Money

Winter Olympics 2018 Ticket Prices and Costs: What to Know | Money

Tickets Scoring tickets to the actual events is still possible, but prices can vary widely depending on what you want to attend and which seating section you opt for. For example, tickets for the Opening Ceremony start at just over $400, but a front-row seat is currently selling on Stubhub for as high as $5,946. […]

Air France-KLM Move to a Spend-Based Loyalty Program In 2018 | Skift

Air France-KLM Move to a Spend-Based Loyalty Program In 2018 | Skift

In some ways, that Experience Points model is an improvement over a program in which a minimum spend is additionally required to earn status. Earning top-tier status at American Airlines, by contrast, could require 100 short hop round-trip flights — assuming 1,000 miles for each journey — but also would would need $12,000 in spend. […]

Regal Cinemas will introduce surge pricing at some movie theaters next year — Quartz

Regal Cinemas will introduce surge pricing at some movie theaters next year — Quartz

Markets work best when highly valued goods and services are more expensive. And generally, people are fine with that. We understand that prime cuts of filet mignon cannot cost the same as McDonald’s burgers, and that there’s a reason first-class plane tickets cost more than coach. If these things were all the same price, it […]

SeaWorld attendance keeps dropping, with a sharp decline in the key summer months | LA Times

SeaWorld attendance keeps dropping, with a sharp decline in the key summer months | LA Times

Still, shares of Seaworld Entertainment rose 1.5% to $11.36 on Tuesday. They are down 40% this year so far. In what has become a familiar refrain, SeaWorld Chief Executive Joel Manby said he expects that new attractions and aggressive marketing will help drive a turnaround. “Attendance trends have improved since we launched our fall and […]

British Airways Hints at Disrupting Its Loyalty Program in 2018 | Skift

British Airways Hints at Disrupting Its Loyalty Program in 2018 | Skift

The blog Ultima Llamada spotted the slide in the presentation that showed that IAG was working towards a “progressive introduction of dynamic pricing from 2018.” This means that instead of a standard award chart where travelers book a 25,000 mile domestic fare, for example, members of British Airways’ Executive Club would see award tickets priced as […]

Jay-Z’s 4:44 concert ticket prices are a brilliant strategy | Quartz

Jay-Z’s 4:44 concert ticket prices are a brilliant strategy | Quartz

Jay-Z has been playing shows on his latest tour for less than a week, and it’s already the highest-grossing tour of his solo career. How so? The ticket prices, for one thing. Sales on the rapper’s tour for 4:44—a hotly anticipated album that dropped earlier this year with its own round of unusual business moves—are […]

JAY-Z’s 4:44 Tour Will Be His Highest Grossing Solo Run Ever Despite StubHub | Billboard

JAY-Z’s 4:44 Tour Will Be His Highest Grossing Solo Run Ever Despite StubHub | Billboard

Sales for JAY-Z’s tour represent a paradigm shift in concert tickets: by more aggressively pricing front row seats, VIP experiences and platinum tickets, concert promoters are getting increasingly more skilled at commanding high prices and record grosses from their best seating inventory. That’s bad news for ticket resellers — by pricing tickets closer to actual […]

Dorney Park parent company reports record third quarter revenues | WFMZ

Dorney Park parent company reports record third quarter revenues | WFMZ

The increase in revenues for the quarter was the result of a 2 percent increase in average per capita spending, offset slightly by a less than 1 percent decrease in attendance and a 4 percent decrease in out-of-park revenues, including resort accommodations, when compared with 2016’s third quarter. As a result of the gains, Cedar […]