Singapore hotel rates skyrocket ahead of sold-out BTS concerts

Hotel bookings in Singapore are surging ahead of K-pop boy band BTS’ highly anticipated concerts in December, with some reporting demand jumping by as much as 50 times.

The spike mirrors a broader trend across Asia, where cities on BTS’ tour schedule have recorded significant increases in accommodation searches. Some booking platforms reported search volumes rising by up to 10 times in certain concert destinations like Kaohsiung in Taiwan.

All tickets for the Singapore leg of BTS’ Arirang tour sold out after going on sale earlier this month. The group is scheduled to perform four shows at the National Stadium on December 17, 19, 20 and 22.

A check by CNA found that rooms are getting snapped up, causing prices to spike.

Online, at least one hotel is charging nearly 10 times its usual rate during the concert period compared with other dates in December, while some properties have already sold out.

The booking platform said reservations have surged by more than 18 per cent year on year for the concert period.