Adele is one of the best-selling recording artists of this century, and one of the best-selling female solo artists of all time. Her highly anticipated Las Vegas residency at The Colosseum at Caesars Palace saw absurdly high ticket prices when it began. The ticket prices are still very high, but the price of resale tickets has dropped 90% in less than two months.
According to an article by Emma Winters on MusicTimes.com, the demand to attend the British singer-songwriter’s residency show, “Weekends With Adele,” has gradually begun to diminish. Winters quotes an article from The Sun which reports that when Adele’s performances began in Sin City back in mid-November, resale ticket prices were up over $48,000 dollars! Man, you really have to be a high roller to fork over that kind of cash. Nowadays, the resale ticket prices for her show are hovering around $4,000 dollars, and she is no longer selling out all of her performances at The Colosseum.
Winters also goes on to attribute The Sun with the information that front row seats can be purchased for a couple of hundred dollars just minutes before the performance. Adele reportedly received $240 million dollars up front for her Las Vegas residency shows. She is expected to fulfill her engagement with shows running through March 25, 2023.
Per Winters’ article, sources close to the situation say that Adele’s performances have been great, but the public’s desire to pay to see her sing all of her hits has dwindled over the past couple of weeks. Maybe it was because it was the holiday season and people were traveling to visit family rather than traveling to see a big money show in Las Vegas. We’ll have to wait and see if she begins to sell out her performances again in the upcoming weeks.
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Larry Martino is the long-time Afternoon Drive personality on 96.3 KKLZ. The views and opinions expressed in this blog are those of Larry Martino and not necessarily those of Beasley Media Group, LLC.