Oasis fans spend over £1 billion on party trip, researching performances | Music industry

According to the study, a quarter of ticket sellers will be happy to spend more money, and Oasis fans are expected to spill over £1 billion in party tours, including tickets, accommodation, food, drinks, clothing and merchandise, according to the study.

The band's comeback concert is expected to be the most popular and profitable show in British history.

Part of the Barclays Consumer Spending Report, Wonderwallets' research estimates that 1.4 million fans participating in 17 UK tour dates will cost £1.06 billion, more than £757 per person.

But again, the excitement of being able to see Mancunian Band Live feels the damage to the scandal of “dynamic” ticket pricing, which has led some fans to pay £350 for the face value of £150 and prompted UK competitors to investigate.

Still, six in 10 ticket sellers said that despite spending more time on tickets, they thought it was worth it to see Liam and Noel Gallagher finally bury the axe, with 24% saying they wish they spent more money to get better tickets.

Apart from tickets, fans are expected to spend the most accommodations, with an average of £108. Concert travel and new clothing will also attract a lot of spending, at £70.50 and £73.70 respectively, while an average of £59.70 will be spent on merchandise.

More than £75 will be spent on pre-prematch food and drinks, while a pint at venues such as Wembley Stadium and Heaton Park in Manchester will cost as much as £8.

Almost 30% of fans surveyed said they intend to embrace the 90s fashion trends at concerts, sporty loose jeans, track and field jackets and coaches, while 14% reached the Gallagher Brothers-inspired haircut.

The £1.06 billion surpassed Taylor Swift's estimated Barclays in the £997 million era, although the Oasis played two more nights more than last year's American singer UK Tour.

To justify the fee, 16% of fans said they had purchased tickets as gifts, while 30% described it as a “sensual purchase” because the band’s music played a big role in their lives.

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Barclays said the Oasis spending frenzy is part of the encouraging hospitality and leisure industry, with overall consumer confidence in spending on non-essential items, such as concert tickets, experiences and other events, soaring to 60% in April in three years.

"The experience economy is no longer a trend, it's a fundamental shift in consumers' decisions about their financial priorities," said Rich Robinson, head of hotels and leisure at Barclays.

"Just like we saw on the Times Tour, fans are willing to do their best when they are emotionally connected. It's not just about attending events."