Seatwave reports demand is up and
prices are down
LONDON, 10 February 2009 - As Wales, England and Ireland turn in
victories over the weekend, Seatwave, Europe's leading fan-to-fan
ticket exchange, is reporting phenomenal growth in demand for Six
Nations tickets as more fans turn to the secondary market to catch
their team in action.
Joe Cohen, CEO and Founder of Seatwave said: "The volume of
tickets changing hands has more than doubled since last year and
the tournament has only just started. We expect this figure to grow
as fans follow their team's progress. The secondary market provides
increased flexibility and access for fans and we are seeing vast
increases in the numbers of buyers and sellers on our
exchange."
As Seatwave generates increasing liquidity, we are seeing prices
driven down - providing great value for money for consumers. The
average price of a ticket has come down by over 30% since last
year, from £209 to £138 for this tournament.
Joe Cohen added: "This is not really that surprising. The more
open and transparent the marketplace, the more competitive it is,
the lower the prices for fans. We always expect prices to decrease
as the market grows and this has been proven year on year with the
Six Nations tournament."
The most popular game of this year's tournament, so far, is
Italy v Ireland in Rome on 15 February, outselling England's home
game against Italy this past weekend 2.5 to 1.