Thousands of pop fans worldwide are flocking to Stockholm, Sweden, to watch their idol perform in one of three sold-out arena shows, taking advantage of what economists call a 'weak' currency.
Thousands of pop fans worldwide are flocking to Stockholm, Sweden, to watch their idol perform in one of three sold-out arena shows, taking advantage of what economists call a 'weak' currency.Taylor Swift has also performed at the Paris Le Defense Arena as a part of her Eras Tour concert in Paris. Photo: AP Archive
Fans around the world seem to have heeded Swift's lyric"Grab your passport and my hand", with"Swifties" from 130 countries flocking to Stockholm. Many queued through the night outside the Stockholm arena before the US star's first concert Friday. That is money dished out on hotels, meals, shopping and transport, among other things, but not concert tickets or flights, Bergkvist said.
"There's a risk that prices will rise for hotel and restaurant visits, the concert tickets and everything that goes along with" the show, Danske Bank economist Michael Grahn wrote in a note.
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