After the use of more than a year of prizes, masks and vigorous hand sanitizers, many people are eagerly planning to return to normal life. For music lovers, this means going back to their concerts- and methods of festivals.
A recent report by the lending found that 25% of Americans plan to go to a concert or concert in summer, with a plan to fall in a 12% decline – and 60% of those attendees said they would spend more to help artists and their employees.
major findings
- American summer is ready for concerts, especially those under the age of 40. 4 out of 1 American will attend a summer concert or concert, and it jumps up to 36% and 32% between millennium and General Z. respectively.
- Music lovers want to help the artists hurt the epidemic. 60% of those who participated in the upcoming concert said that they would spend extra money to help the musicians and their crew financially recover financially from one year without tour.
- Consertgoers are ready to spend to make their experiences extra-particularly. Among those who planned to participate in a festival or concert, 47% are spending more to get better seats, which they normally used to do in the past. In addition, 27% will buy goods, 20% will be spring for VIP pass and 9% are paid for the artist and pay for grades.
- Millennials and Jean Jars are ready to take loans to see their favorite music acts, and many said it is worth it. About half of those 40 and concert plans were stated that they could receive the resulting loan. And between all the millennium and genes, around a third, to some extent, that concert loan is definitely worth it.
- Credit card rewards help some concertgorers pay for their events. 42% of people with a concert on their calendar will use credit card rewards or digits/miles to pay for some of those costs.
“After a long, hard last year, Americans are ready for a good party,” said LandingTree’s chief credit analyst. Matte shulz“It is no surprise that so many people will flock to concerts and festivals in this summer, but they only need to plan on doing so. The last thing, whoever wants, is ruined by a loan of an amazing weekend of music with months of debt.”
To see the full report, see:
Procedure
Lending conducted Qualtrics to complete an online survey of 2,050 American consumers, conducted 7 May to 14 May, 2021The survey was administered using a non-rising-based specimen, and quota was used to ensure that the sample base represents the overall population. All reactions were reviewed by researchers for quality control.
