Dr Marcel Lukas writes in The Conversation
Dr Marcel Lukas, Senior Lecturer in Banking and Finance and Vice-Dean of Executive Education at the University of St Andrews Business School, has written an article for The Conversation on the economic footprint of the Oasis reunion tour.
Dr Lukas examines how major concerts affect spending patterns, from spikes in hotel and flight prices to broader impacts on the hospitality and tourism industries. He shows how fans plan and budget for such events, reflecting broader shifts towards the experience economy and the role of nostalgia in consumer choice. The article also considers how local authorities and businesses can prepare to maximise benefits while managing pressures on infrastructure and residents.
Read the full article in The Conversation: Do big gigs alter economies? What the Oasis tour reveals about how we spend.