60% of Coachella Attendees Use Payment Plans Amid Rising Costs
60% of Coachella Attendees Use Payment Plans Amid Rising Costs

60% of Coachella Attendees Use Payment Plans Amid Rising Costs

News summary

As ticket prices for the Coachella festival continue to soar, around 60% of attendees have opted for payment plans to finance their attendance. With general admission tickets starting at approximately $549 plus fees, many festival-goers are struggling to cover the total costs, which can exceed $1,000 when factoring in lodging and food expenses. Critics have voiced concerns about the financial implications of such payment options, suggesting that those unable to afford tickets outright should refrain from attending. However, supporters argue that these plans provide a manageable way for fans to experience the festival without incurring high-interest debt. The payment installment options, which began in 2018, have gained significant traction, with a marked increase in usage this year compared to the past. Other festivals are also adopting similar financing strategies, reflecting a broader trend in the concert industry amid rising costs.

Story Coverage
Bias Distribution
100% Right
Information Sources
8f76b506-b4ea-4d97-9e25-107ba95ef15b
Right 100%
Coverage Details
Total News Sources
1
Left
0
Center
0
Right
1
Unrated
0
Last Updated
3 days ago
Bias Distribution
100% Right
Related News
Daily Index

Negative

23Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News