StubHub, the world's largest ticket marketplace, has recognized the unparalleled demand for teen idol Hannah Montana’s upcoming nationwide tour, and in light of immediate sell-outs, is offering parents useful tips on finding tickets to her shows. Many fans have been recently disappointed when, despite logging online the minute an on-sale begins, no tickets were available for purchase. It’s an unfortunate reality of the primary distribution of tickets today, with Internet access inviting more buyers than ever before and limited numbers of tickets being made available to the general public.
Despite quick sell-outs, good news remains, as plenty of seats are being offered on StubHub’s ticket marketplace by those who were able to buy, some for as low as $65. The national average selling price for a Hannah Montana ticket on StubHub is an astounding $214. Her tour is currently the hottest selling tour of 2007 based on the dollar volume of tickets transacted through StubHub, outselling the likes of Bruce Springsteen, Justin Timberlake and Van Halen to date.
StubHub’s Tips for Parents
Remain patient, check StubHub daily for more reasonably priced tickets and wait for the market to adjust.
§ Sometimes waiting until a week before a show will yield the very best bargains and maybe a surprise for the little one who thought the show was sold out.
Set a price point that’s comfortable and within your budget. As the show approaches, keep your eyes peeled for price and location. If it appears, grab it before it’s gone. Sellers adjust prices daily on StubHub.
§ Consider attending shows in surrounding areas or on different dates. Ex. On StubHub, the average selling ticket price at the Times Union Center in Albany, NY to date is just $109, but the average price for the show at Nassau Coliseum in Uniondale, NY on 12/27 is $406. In some cases, it may be worth the drive for parents to save cash.
Other markets currently with more affordable price offers include:
Minneapolis, MN
Columbus, OH
Anaheim, CA
Los Angeles, CA
San Diego, CA
Tampa, FL
Sunrise, FL
Charlotte, NC
Only use reputable sites like StubHub which has a FanProtect™ Guarantee, doesn’t share your credit card information with sellers and is recommended by the Better Business Bureau.
Hannah Montana Tickets also make great holiday presents for kids since she has a slew of concert dates in late December and January.
“The market driven prices for Hannah Montana’s wildly popular tour may are skewing high currently, not unlike a company whose stock price soars after a positive earnings announcement. Although some people are purchasing, sellers will eventually have to adjust their prices to attract buyers,” said StubHub spokesperson, Sean Pate. “Thankfully there are hundreds of tickets available for her shows across the country so the access and choice remains for fans.”
StubHub manages an online ticket marketplace for the fans, but doesn’t purchase or own any tickets for resale itself. Tickets listed on StubHub are being priced by the general public and asking prices vary from the reasonable to occasionally the insane.
Hannah Montana Resale Pricing Trends
StubHub has reviewed the top ten Hannah Montana shows with the highest average selling price and found that nine of these shows will go on sale to the general public this Saturday. Sellers who have early access to tickets will typically list higher prices early on but as more tickets are listed onto the site after a general on sale, supply increases and asking prices decrease.
Hannah Montana Shows with Highest Average Ticket Selling Price (at StubHub):
New York City (Nassau Coliseum, 12/27/07) - $406
Boston (Dunkin Donuts Center) - $383
Washington, D.C. (Verizon Center) - $376
Detroit (Palace of Auburn Hills) - $370
Atlantic City (Boardwalk Hall) - $364
New York City (Prudential Center,12/30/07) - $361
Hartford (Hartford Civic Center) - $359
Boston (DCU Center) - $359
Little Rock (Alltel Arena) - $355
Pittsburgh (Mellon Arena) - $346
Hannah Montana Shows with Lowest Avg. Resale Ticket Price (at StubHub)
Albany, NY (Times Union Center) - $109
SF Bay Area (Oracle Arena) - $158
Portland (Rose Garden) - $158
Salt Lake City (Energy Solutions Arena) - $159
San Diego (San Diego Sports Arena) - $159
Minneapolis (Target Center) - $160
Seattle (Key Arena) - $169
SF Bay Area (HP Pavilion) - $173
Columbus (Nationwide Arena) - $175
Chicago (iWireless Center) - $176
About StubHub
StubHub is the world’s largest ticket marketplace, enabling fans to buy and sell tickets at fair market value to a vast selection of sporting, concert, theater and other live entertainment events, even those that are "sold out." StubHub reinvented the ticket resale market in 2000 and continues to lead through innovation. The company's unique open marketplace, dedicated solely to tickets, provides all fans the choice to buy or sell their tickets in a safe, convenient, and highly reliable environment. All transactions are processed and delivered via StubHub's patent-pending FanNetworkSM ticket delivery service, supported by seven-day toll free customer service at 1-866-STUBHUB, and backed by an industry-first FanProtect™ Guarantee. Company partners include MLB.com and over 30 teams in the NFL, NBA, NHL and NCAA along with numerous media companies including AOL and CBS.
StubHub is an eBay company (NASDAQ: EBAY). For more information on StubHub, visit www.stubhub.com.
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