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New research reveals value of Sport and Music Events

New research reveals value of Sport and Music Events
July 26, 2024

Collinson International, the owner and operator of Priority Pass - a leader in airport experience programs - has released new research revealing the value of sport and music tourism

The new research titled ‘The Value of Sports and Music Tourism’, reveals the extent to which people are willing to travel – as well as the amount they're willing to spend – in order to experience their favourite sport team or music artists in person.

The research found that among those travelling from Asia Pacific (APAC) to attend an event by plane, more than 85% have travelled for sport and 74% for music in the past three years, or plan to do so in the coming 12 months. Of these travellers, 53% travel more than once a year, with 19% attending three or more events annually.

Fuelling Wanderlust
As the biggest global sport, unsurprisingly football (soccer) has the most loyal fanbase, with 70% of fans in APAC travelling to watch their favourite team. Tennis fans in APAC are the second most likely to travel (28%), followed by those watching basketball (25%), Formula 1 (23%) and the Olympics (22%). In turn, music events attracting the highest number of global fans include Rock in Rio, Coachella and Tomorrowland; with Taylor Swift, Travis Scott, Vasco Rossi and Ed Sheeran featuring as the most popular artists.

When it comes to where APAC travellers will go for sporting and music events, Sydney came out as the top destination (35%), followed by London (21%), New York (17%), Paris (16%) and Dubai (15%).

Sports and music events fuel wanderlust, taking travellers to every corner of the globe. 82% of APAC travellers have travelled to a new city or country for a sports or music event, allowing fans to experience different cultures and locations while indulging their passion for sports and music.

The majority of sport (87%) and music (89%) fans in APAC like to arrive between one and three days before an event, while 85% of sport and 86% of music fans like to stay one to three days after an event. This presents travellers with new experiences and memories, as well as huge economic growth opportunities for local businesses within these destinations.

Elevating the Journey
More than half (52%) of APAC event travellers have used airport experiences, which include visiting an airport lounge (34%), gaming lounge (15%), sleep pod (16%) and spa (13%). The top reasons APAC fans visit an airport lounge is to relax and unwind before or after watching their favourite team / artist (58% for sport and 59% for music fans), followed by enjoying food and drink options at the airport (56% for sport fans and 57% for music fans). 

Globally, the uptake of airport lounges is higher among those spending more money on the trip overall. Interestingly, those travelling to basketball events (48%), Formula 1 (45%) and the Olympics (44%) are more likely to use lounges and it is these fans who also spend the most.

Big Spenders
When travelling to see their favourite team or artist, it's not just about the destination, it's about the journey too. Sport fans are the biggest spenders, with 57% from APAC exceeding US$500 per trip, per person. Globally, the 25-34 age group spends the most overall, with a third (33%) exceeding US$1,000 for sport and 31% for music events. In addition, just under half (44%) of event fans typically spend US$100 at the airport.

Christopher Evans, Chief Executive of Collinson International, owner and operator of Priority Pass notes "whether it's being in the crowd for the big game or watching your favourite artist at a festival, you can't beat live events – especially when they're combined with travelling the world. More than ever, people are travelling domestically and internationally for sports and music and this year marks a special occasion, with a huge summer of major events taking place globally.

"Our latest global research report reveals that not only are people travelling far and wide for sports and music events, but they also want to enhance their travel experiences to make these trips even more memorable. Priority Pass offers seamless, premium airport experiences that elevate every journey. With airport lounges and travel experiences in over 700 airports across 145 countries, there's an abundance of choice for wherever the summer takes you."

Todd Handcock, Global Chief Commercial Officer and Asia Pacific President, Collinson International adds "In Asia Pacific, we see many travellers seeking to make their journeys as memorable as the events they attend.

"We understand and relate to travellers' passion for exploration. By offering premium travel benefits such as access to airport lounges and travel experiences, we ensure that every aspect of our members' trips (some of which are in the 'once in a lifetime' category) are enjoyable, stress-free, and are made that little bit more special with Priority Pass." 

To find out more, read the full report here

Collinson International, the owner and operator of Priority Pass, commissioned this research independently. The report is not endorsed by any party mentioned herein.

Methodology: Research commissioned by Collinson International, owner and operator of Priority Pass, and independently conducted among a sample of 8,537 travellers from 17 countries and territories including: Australia (505), Brazil (502), Colombia (503), France (501), Germany (503), Hong Kong SAR (501), India (502), Italy (504), Mexico (502), Peru (503), Saudi Arabia (501), Singapore (503), Spain (501), Thailand (503), UAE (501), UK (502), and USA (500). The survey was completed online in June 2024.

Image top. Taylor Swift at Accor Stadium 2024. Credit: Dace Greselin: The Taylor Swift l The Eras Tour, held in February over four consecutive nights at Sydney’s Accor Stadium and three consecutive nights at Melbourne Cricket Ground helped generate more than $300 million for Sydney and Melbourne economy. National Australia Bank (NAB) data reveals Taylor fever gripped Sydney-siders with an estimated $135 million boost in spending recorded at businesses in Sydney’s inner suburbs across a four-day period 23rd to 26th February. An estimated $33 million was poured into Sydney’s accommodation, hospitality, and tourism sectors.

Image below: Sam Kerr scores for Australia in the semi-final of the 2023 FIFA Women's World Cup. The Queensland Government has advised that economic benefits accruing to Brisbane from hosting matches during FIFA Women’s World Cup 2023 far exceeded initial estimates. When Australia bid to host the tournament, around $30 million was forecast in economic impacts for the city. However, the actual figure reached $100 million, with $79 million direct visitor expenditure, and $21 million incrementally injected into the economy. Brisbane was the base camp for the Matildas’ campaign, and played host to the unbelievable Quarter Final shootout win over France on 12th August.

Related Articles

25th July 2024 - Nando’s Chicken Shop Sessions sets out to support emerging music artists

5th June 2024 - Taylor Swift, P!nk and Australian Grand Prix drive national economic growth in last quarter

26th March 2024 - NAB data reveals Taylor Swift’s The Eras Tour delivered $300 million for city economies

7th June 2024 - PFA report analyses Matildas’ 2023 FIFA Women’s World Cup experience

26th February 2024 - Brisbane’s surprise $100 million economic benefit from FIFA Women’s World Cup 2023

18th December 2023 - Report advises of positive impact of FIFA 2023 Women’s World Cup on New Zealand

23rd July 2024 - Brisbane and Sydney public hearings announced for live music inquiry

5th July 2024 - Big Red Bash delivers impressive three day outback music festival

1st July 2024 - Horsham City Oval’s new events stage will be site for 2025 country music festival

25th June 2024 - Creative Australia’s $16.4million investment has strong outcomes for youth arts and music  

12th June 2024 - Queensland budget backs music venues and junior sport while confirming 2032 Games and QPAC spending

3rd June 2024 - Live music fans move from festivals towards stadium and arena acts


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