Urgent.News

What's breaking now, across thousands of outlets.

Business

BTS concerts in Peru projected to generate $19 mil. tourism revenue

BTS’s first performances in Peru drew more than 150,000 fans to Lima and are projected to generate about 25.1 billion won ($19 million) in tourism-related economic benefits for the country, according to a forecast by Peru’s tourism ministry. The group’s agency, BigHit Music, said Sunday that roughly 151,500 fans attended the three shows at Estadio San Marcos on Oct. 7, 9 and 10 — part of the…

BTS concerts in Peru projected to generate $19 mil. tourism revenue

BTS, the globally renowned K-pop group, is set to bring about a significant boost to Peru's tourism revenue with their first-ever concerts in the country. The highly anticipated performances took place at Lima's Estadio San Marcos on October 7-10, attracting a staggering 151,500 fans, surpassing all pre-concert expectations.

According to a forecast from Peru's tourism ministry, these concerts are projected to generate approximately 25.1 billion won, or $19 million, in tourism-related economic benefits for the nation. This figure is a clear indication of the massive impact BTS's music has on the country's economy.

The attendance at the concerts far exceeded the ministry's initial projection of 50,000 visitors. The excitement was palpable during the shows, with BTS members acknowledging the long wait to perform in Peru, a country they first debuted in back in 2013.

BTS's frontman, V, added a special touch to the concerts by commemorating Hangeul Day, the Korean holiday that celebrates the creation of the Korean alphabet, Hangeul. Wearing a specially designed T-shirt bearing heartfelt messages, V honored the occasion by displaying the host city's name and his real name, Kim Tae-hyung, both in Korean.

In essence, BTS's concerts in Peru are not just about music, but also a significant economic catalyst for Peru's tourism sector.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at koreatimes.co.kr →

More in Business

I started a cookie business and scaled too quickly. We got caught up in a growth-at-all-costs mentality — here's how I turned it around.

Inspired by her daughter's allergies, Partake Foods founder, Denise Woodard raised millions, overcoming growth challenges with storytelling skills.

  • Denise Woodard founded Partake Foods after daughter's food allergies.
  • Aggressive expansion in 2019 caused costly infrastructure and loss of control.
  • Partake Foods now partners with Girl Scouts, valuing cultural relevance over size.

How to Match Your Resume to a Job Description (Without Keyword Stuffing)

A practical method for developers, with real examples from software engineering job descriptions. Most advice about "ATS keywords" boils down to "use the words in the job description." That's true…

  • Thoroughly read job description to understand role responsibilities
  • Highlight key terms in four categories: role titles, hard skills, practices, domain
  • Sort terms into must-have and nice-to-have lists based on JD frequency

More from Sunday 11 October →