I stumbled across this analysis of Las Vegas headliners in the wake of Celine and Elton. It includes some interesting information about the capacity required for showrooms to break even and discusses declining ticket prices.
With Las Vegas visitors less willing or able to throw around wads of cash for umm… “veteran” acts, entertainment strategies may very well change over the next couple years. If the Hard Rock fails to fill The Joint for Santana’s residency and Caesars’ deals with Bette Midler and Cher don’t live up to expectations, we could see a shift away from these long-term showroom stints.
How will The Strip adapt? Wynncore’s four-show booking of Beyonce could be the beginning of a new trend—current touring arena acts playing a short stretch of shows in a small, intimate setting. Time will tell.