Summer festivals see ticket sales down
20 August, 2012
Music festivals, which have become an attractive pitch for many restaurant companies' food trucks, are having a tough summer. A number across the UK have seen ticket sales slow, the Financial Times has reported.
Prices rose over the last decade and a half or so but now sales have been impacted with the FT quoting one festival promoter as saying that the industry’s players ‘were definitely making hay while the sun was shining’ with prices doubling over a three or four year period.
The Olympics, the upcoming increase in student tuition fees and the on-going double-dip recession have conspired to reduce demand.
For more see Music stops for struggling festivals