Taylor Swift’s Eras Tour is estimated to boost Singapore’s economy by more than $225 million.
After performing six concerts in Singapore and concluding the Asian leg of her world tour, the 34-year-old singer will add between $225 million and $300 million to the city’s economy.
According to Han Teng Chua, an economist at DBS Bank Ltd., according to a Bloomberg report on Thursday, its issuance will benefit the hospitality, food and beverage industry, and other businesses, including Singapore’s retail sector.
“Increased spending by foreign tourists mainly support these,” Chua told the media outlet, adding that the city’s economy will be affected by “a large number of foreign tourists.”
Thanks to the 14-time Grammy Award winner – who enjoyed a date night with boyfriend Travis Kelce and his bandmates after her concert on Friday – and her six performances, Singapore’s GDP will increase by another 0, 2 percentage points in the first quarter alone.
Taylor Swift’s Eras Tour is estimated to boost Singapore’s economy by more than $225 million.
After performing six concerts in Singapore and concluding the Asian leg of her world tour, the 34-year-old singer will add between $225 million and $300 million to the island nation’s economy.
The trade-dependent economy remains fragile, Shivaan Tandon, an economist at Capital Economics, told Bloomberg. “But growth will increase more sustainably from the second half of this year.”
The report was released just after the famous Anti-Hero singer finished her world tour in Asia.
After her latest show at the National Stadium in Singapore, she was seen partying with her NFL star boyfriend Travis Kelce, and his band members at Koma restaurant.
The Super Bowl winner, a tight end for the Kansas City Chiefs, attended Swift’s performance and was seen supporting his pop star girlfriend from the stands.
During her concert, she showed him sweet devotion by changing the lyrics again to Karma and singing, “Karma is the captain’s guy/Come straight to my house.” »
After performing her incredible roster of performances, Kelce waited backstage to greet and hug her as Swift left the stage.
Last night’s performance was her penultimate performance in the country before Swift can enjoy a two-month vacation.
In May, she will begin a European tour that will last over four months and will begin in Paris, France.
Chua informed the media outlet that “Increased spending by foreign tourists mainly supports these,” highlighting the significant impact of tourism on the city’s economy, particularly with “a large number of foreign tourists.”
Thanks to the presence of the 14-time Grammy winner, who spent a night out with boyfriend Travis Kelce and his bandmates following her concert on Friday, and her six performances, Singapore’s GDP is projected to increase by 0.2 percentage points during the first quarter alone.
The report surfaced shortly after the conclusion of the renowned Anti-Hero singer’s world tour in Asia. Following her latest show at the National Stadium in Singapore, she was spotted enjoying festivities with her NFL star boyfriend Travis Kelce and his band members at Koma restaurant.
Travis Kelce, a Super Bowl champion and tight end for the Kansas City Chiefs, attended Swift’s performance and was observed cheering for his pop star girlfriend from the stands. The previous day’s concert marked her penultimate performance in the country before Swift could embark on a two-month hiatus from her soccer friend, who is also relishing an off-season respite.
Prior to her appearances in Singapore, Swift graced the stages in Australia, which also marked the last rendezvous with Kelce before he departed for an endearing zoo date with her.
During a recent episode of the New Heights podcast with his brother Jason Kelce, Kelce admitted that the hype surprised him.
“There are a lot of helicopters flying around,” he told his brother. “They airlifted us!” Well, not us. It’s all about Taylor being the best and biggest thing she can be. »
It’s unclear how the couple will spend their time together now that Kelce is free during the NFL offseason.
Looking ahead, Swift will soon release her next record The Tortured Poets Department, which will be released on April 19.
Kelce also announced some of his musical projects as he will headline the Kelce Jam music festival on May 18 in Bonner Springs, Kansas.
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