Ticket prices fall as Manchester outsells Birmingham and Liverpool combined

Seatwave confirms strong continued growth in Q1 2009

 

LONDON: 01 June 2009 - Seatwave, Europe's leading fan-to-fan ticket exchange, today confirmed continued explosive growth in Manchester, the UK's leading entertainment hub outside London, with ticket sales in the city outselling Liverpool alone almost 6 to 1. The strong performance drove a marked drop in ticket prices for Manchester's live events, with the average price paid for a ticket falling 12% from the same quarter in the previous year.

 

In the current economic conditions, Mancunians are proving themselves savvy consumers as they seek out value-for-money live entertainment experiences through Seatwave's secure ticket exchange. The number of tickets which sold below face value almost quadrupled from the same period last year. The biggest bargain for the quarter was secured by two lucky fans keen to catch Snow Patrol live, paying only £8.50 a ticket.

 

Underpinning this phenomenal achievement is Seatwave's continued focus on providing a safe and secure marketplace for fans to buy and sell tickets.  It is an unwavering focus which saw the number of fans from Manchester using the flexibility of Seatwave to sell on their spare tickets increase by over 300% from the same quarter in 2008.

 

Commenting on the figures, Joe Cohen, Founder and CEO of Seatwave, said:

"Seatwave's exponential growth in Manchester shows that our focus on helping fans buy and sell tickets is the winning approach in this space. It's also testament to the burgeoning live entertainment industry in the town. With such a rich heritage, it's no wonder Mancunians continue to prove themselves massive fans of the live experience."

 

The Top 5 Most In-Demand Events in Manchester

(1 Jan 2009 - 31 Mar 2009, based on total transactions)

1. The Killers

2. Oasis

3. Amir Khan v Marco Antonio Barrera

4. Tina Turner

5. Kings of Leon