Taylor Swift’s Eras Tour is estimated to boost Singapore’s economy by more than $225 million.
After performing six concerts in Singapore and completing the Asian leg of her world tour, the 34-year-old singer will add $225 to $300 million to the city-state’s economy.
Its performance will benefit Singapore’s hospitality, food and beverage industries, as well as the retail sector, said DBS Bank Ltd economist Han Teng Chua. in a report by Bloomberg published on Thursday.
“These would be mainly supported by higher spending on foreign tourists,” Chua told the newspaper, adding that the city-state’s economy would be affected by “a large number of supervising fans attending the concerts in Singapore.”
Because of the 14-time Grammy winner — who enjoyed a date night with her boyfriend Travis Kelce and her bandmates after her concert on Friday — and her six shows, In the first quarter alone, 0.2 percentage points of Singapore’s GDP will be added.
Taylor Swift’s Eras Tour is estimated to boost Singapore’s economy by more than $225 million
After performing six concerts in Singapore and completing the Asian leg of her world tour, the 34-year-old singer will add $225 million to $300 million to the city-state’s economy.
The trade-dependent economy remains vulnerable, Shivaan Tandon, economist at Capital Economics, told Bloomberg. ‘But growth should pick up more sustainably from the second half of the year.’
The report comes shortly after the Anti-Hero hitmaker wrapped up the Asian leg of her world tour.
After her final show at the National Stadium in Singapore, she was spotted partying with her NFL star boyfriend Travis Kelce and her bandmates at Koma restaurant.
The Super Bowl winner, who is the tight end for the Kansas City Chiefs, attended Swift’s show and was seen supporting his pop star girlfriend from the stands.
During her concert, she made a sweet dedication to him by once again changing the lyrics of her song Karma and singing, “Karma is the guy on the Chiefs / coming straight home to me.”
After performing her incredible setlist, Kelce waited in the wings to greet her and share a hug as Swift left the stage.
Her concert the night before was her penultimate show in the country before Swift can enjoy a two-month break.
In May, she will begin the European leg of her tour, which will last four months and kick off in Paris, France.
Its performance will benefit Singapore’s hospitality, food and beverage industries, as well as the retail sector, said DBS Bank Ltd economist Han Teng Chua. in a Bloomberg report published Thursday.
“These would be mainly supported by higher spending on foreign tourists,” Chua told the newspaper, adding that the city-state’s economy would be affected by “a large number of supervising fans attending the concerts in Singapore.”
Thanks to the 14-time Grammy winner – who enjoyed a date night with her boyfriend Travis Kelce and her bandmates after her concert on Friday – and her six shows, 0.2 percentage points of Singapore’s GDP will already be added in the first quarter.
The report comes shortly after the Anti-Hero hitmaker wrapped up the Asian leg of her world tour. After her final show at the National Stadium in Singapore, she was spotted partying with her NFL star boyfriend Travis Kelce and her bandmates at Koma restaurant.
The Super Bowl winner, who is the tight end for the Kansas City Chiefs, attended Swift’s show and was seen supporting his pop star girlfriend from the stands. Her concert the night before was her penultimate show in the country before Swift can enjoy a two-month break with her footballer boyfriend, who is also enjoying his off-season break
Before her string of shows in Singapore, Swift performed in Australia, which was also the last time Kelce saw her when he flew her Down Under for an adorable date at the zoo.
In a recent New Heights podcast episode with his brother Jason Kelce, Kelce admitted that the media hype took him by surprise.
“There were a lot of helicopters flying around,” he told his brother. ‘They transported us by helicopter! Well, not us. This is all because Taylor is the biggest and best thing possible.”
It’s unclear how the couple will spend their time together now, as Kelce is also off during the NFL offseason.
Swift will then soon release her new record The Tortured Poets Department, which will be released on April 19.
Kelce also announced some music plans of his own, as he will be bringing back his Kelce Jam music festival in Bonner Springs, Kansas on May 18.
