taylor swifts concert tour has been breaking the internet since tickets went on sale in 2022 when presale invitations were sent to 15 million people an additional 2 million found themselves on the waitlist anticipation turned to frustration as ticketmaster’s portal crashed leaving hopeful buyers waiting for seven to eight hours it was clear that something big was happening but little did anyone know just how significant it would be for the economy since kicking off on march 17 swifts eras tour has taken the nation by storm capturing the hearts of fans in cities far and wide and now the federal reserve has revealed that swifts tour is not only making headlines but also giving a substantial boost to the economy   until 2016 it was illegal for retail investors to invest in highgrowth startups thanks to changes in federal law this kevin o’learybacked startup lets you become a venture capitalist with 100   billionaires are making their money in the private markets and this startup is revolutionizing healthcare investment so anyone can get involved the federal reserve bank of philadelphia recently released a report stating that swifts tour had a positive impact on travel and tourism in the region a sentiment echoed by cities across the united states market research firm questionpro estimated that her tour could contribute 5 billion to the global economy the report from the federal reserve bank of philadelphia emphasized the surge in hotel revenue in may marking the strongest performance since the pandemics onset the growth was largely attributed to the influx of guests attending swifts concerts in the city as part of their effort to share economic information and insights federal reserve district banks publish the renowned beige book where these findings were highlighted the ripple effect of swifts tour was also evident in chicago where the tourism and conventions bureau announced a recordbreaking number of occupied hotel rooms swifts soldout shows at soldier field played a significant role in this achievement complemented by the city hosting prominent events such as the annual american society of clinical oncology meeting and the james beard awards choose chicagos tweet exulted in the highestever occupancy of hotel rooms with over 44000 rooms filled generating 39 million in revenue cincinnati experienced a similar surge in tourism when swift brought her magic to town julie calvert president and ceo of visit cincy expressed her awe when she said taylor swift is a force to be reckoned with the economic impact swift creates is staggering as fans travel from far and wide to attend her concerts filling hotels restaurants and local attractions swifts influence on tourism is a testament to her ability to captivate audiences and drive economic growth fans traveled from near and far to attend her concerts which led to hotels restaurants and local attractions bustling with activity the weekend of swifts performances saw downtown cincinnati hotels amass 26 million in revenue to stay updated with top startup news  investments sign up for benzingas startup investing  equity crowdfunding newsletter santiago corrada ceo of visit tampa bay drew a comparison between the impact of swifts concerts and the excitement surrounding a super bowl he emphasized the economic significance that swifts performances brought particularly in the hotel sector according to pollstar the eras tour has already grossed over 300 million so far more than 11 million tickets have been sold at an average price of 253 a survey conducted by questionpro revealed that swift concertgoers exceeded their intended budgets spending an average of 1300 per show on tickets outfits travel and food surpassing their initial expectations by an average of 720 despite the higher costs 71 of respondents deemed the experience worthwhile and 91 expressed a desire to attend future concerts looking ahead the eras tour is set to conclude on oct 1 after a total of 36 shows across the united states and canada the eras tour is estimated to reach 16 billion according to forbes the tour is sending a number of stocks soaring notably many of the major hotel chains have seen stock bumps in recent months hilton hotels corporation is up nearly 20 in 2023 and airbnb inc’s stock is getting a boost as well with a 38 climb over the past six months in the startups realm less traditional methods might be looking to benefit wallabing the ‘airbnb for rv’s’ recently launched an equity crowdfunding raise on wefunder that anyone can invest in see more on startup investing from benzinga   don’t just buy from your favorite brands own them so you own the upside learn how retail investors are taking stakes in their favorite startups to own the upside   gamers are selling their old gaming items for millions learn why everyday gamers and investors are claiming a stake in their side hustles and how they invested over 12 million in this startup