Beyoncé One of the most influential and iconic artists of our time. With a music career spanning decades and a strong presence in popular culture, she has established herself as an undeniable force in the entertainment industry.
With such relevance in the music industry, the singer made a huge impact in Sweden by announcing that the country would be the first to host her Renaissance world tour. Even with the enthusiasm of the fans, the local economy has faced instability in recent months.
The Financial Times revealed that Beyoncé was singled out by bankers and experts as the reason for the high prices.
According to the article, economists at Danske Bank believe the artist’s choice to set Stockholm as the first to host her tour led to increased inflation in hotel prices.
All tickets for Beyoncé’s shows were sold out and people from different parts of the world had to stay in the city hosting the show, as well as occupying hotels in neighboring cities, with establishments charging high prices.
All tickets for Beyoncé’s shows were sold out and people from different parts of the world had to stay in the city hosting the show, as well as occupying hotels in neighboring cities, with establishments charging high prices.
Danske’s chief economist, Michael Grahn, estimates that the artist has increased Swedish inflation by 0.2 percent. “It’s pretty amazing for an event. We’ve never seen anything like this before.”Gran told the paper.
More on Beyoncé’s Career
Her career began in the 1990s as a member of the group Destiny’s Child, which went on to become one of the best-selling girl groups of all time.
In 2003, Beyoncé released her debut solo album, “Dangerously in Love”, which became a worldwide success and spawned the hits “Crazy in Love” and “Baby Boy”.
Since then, Beyoncé has released several critically acclaimed and commercially successful albums, including “B’Day”, “I Am… Sasha Fierce”, “4”, “Beyoncé” (released without notice Reprise Album) and “Lemonade”.
His music is known for mixing various styles including R&B, pop, hip-hop and African music elements.
