Concert Tickets for Adele, Anyone? Be Prepared to Pay a Whopping Average of Nearly $1,500 Each
Everyone is fully aware that spending a day - more so, a weekend - in Las Vegas is now pricier than most, what with the soaring room rates and the celebrity restos that make everything uber-expensive. But this one might very well take the cake: tickets to Adele's Vegas gig are now the costliest, coming in at an average of almost $1,500 each.
Why are we not surprised? In the first half of this year, tickets for Adele's shows at Las Vegas' Caesars Palace topped the charts as the priciest on the resale market across the United States. And according to a recent Forbes report, fans paid an average of $1,461 per person just to experience the British songstress live.
This trend isn't entirely new. In the summer of 2022, when tickets for the rescheduled "Weekends With Adele" were released for November, our friends at Casino.org reported two seats at the front row listed on StubHub for an astonishing $41,280 each. Along with StubHub's service fee of almost $6,200 per ticket, attending this concert would have set someone back a staggering $94,949.82 - very costly for a first date!
A costly affair to remember
The top three highest resale ticket prices were all for concerts in Las Vegas, as noted by SeatGeek in data provided to Forbes. For instance, Adele's tickets outpriced those for Phish when he performed at the Sphere by over $230 and surpassed U2 (at the same Sphere) by $630.
Chris Leyden from SeatGeek highlighted the unique pricing dynamics of Las Vegas, telling Forbes, "Vegas prices are definitely significantly higher than what we’d normally see if artists were coming to, say, the Prudential Center in New Jersey or Ball Arena in Colorado."
The allure of Las Vegas can't be denied
Residencies in Las Vegas increasingly hold fresh appeal to popular and high-ranking artists not only because they can potentially earn more money, but also because of the reduced overhead costs. By performing in one unique location, artists can save on the expenses of traveling worldwide with their stages and equipment, which require substantial union labor to set up and dismantle every night.
Additionally, Las Vegas has shed its old reputation as a "graveyard" for music careers, a transformation that is credited to Celine Dion. Despite still being one of the most successful pop stars that tour globally, Dion took a risk on her first residency in 2003 in Vegas, which paid off and helped redefine the city's entertainment landscape. Dion was quickly followed by younger (and equally popular) performers like Bruno Mars, Lady Gaga, and Katy Perry, who had stints of their own with tickets priced at over $500 a pop - but obviously, none are pricier than Adele's jaw-dropping $1500 tickets each.
Future prospects
SeatGeek anticipates Adele's Las Vegas residency will continue to be in high demand for the latter half of 2024. However, they predict that the Eras Tour of Taylor Swift, which will return to the US this fall, might well challenge Adele's top spot. In November 2022, our friends at Casino.org noted that a block of 42 Taylor Swift tickets for a show at Allegiant Stadium scheduled in March of 2023 were priced at nearly $95,000 each.
As top-tier artists increasingly choose Las Vegas for a series of residencies, the city's entertainment scene continues to thrive, offering fans unique opportunities to see their favorite stars in an unparalleled setting. With Adele setting the bar high, the competition among artists to draw in audiences and command top-dollar ticket prices is fiercer than ever.