Global Entertainment Market Update - Mid-Year 2025

Europe Entertainment Market Update - Mid-Year 2025

We are in the midst of the Summer Music Festival season. While most Summer Touring bookings have wrapped up, last-minute requests continue to come in for festival appearances. These tend to be in unique locations outside the usual city touring routes, such as the South of France, coastal Italy, the UK countryside, or major events like British Summer Time Festival in Hyde Park, as well as cities such as Seville and Valencia. These requests typically involve a couple of rooms for a celebrity DJ and their manager, as most A-list artists either booked well in advance or fly in and out the same day.

Looking ahead, we are now seeing strong demand for Autumn and Winter Touring. Key European cities remain popular including Barcelona, Copenhagen, Oslo, Stockholm, Hamburg, Paris, Lisbon, Madrid, and Dublin, with additional cities expected to follow. In the United States, major hubs like Los Angeles, New York City, Chicago, and Nashville are also in focus.

First In Service UK is ramping up Independent Contractors (ICs) as they launch their UK operation. More details to come in Q4.

Internova/Global Travel Collection UK has largely completed its integration, bringing Entertainment and Corporate under GTC (Altour, Tzell, Protravel, and associated ICs), while Leisure including Leisure ICs falls under Colletts.

Corporate Entertainment RFPs are set to launch soon. Companies like Netflix remain selective, typically adding new hotels only for office openings or properties adjacent to their offices.

Production Outlook: Activity is expected to increase in 2026, particularly in countries offering filming tax incentives.

Overall, with music touring, increased commission is key to the entertainment agencies, as so many of them are independent contractors. Paying the commission in a timely manner is vital in ensuring continued business from these agencies.
 

Contact for this market is Wendie Esposito based in London, UK

wesposito@preferredhotels.com

 

US Entertainment Market Update - Mid-Year 2025

Industry Highlights:

Paramount & Skydance Merger: Completed in August 2025. Following initial layoffs, Paramount plans to hire 2,000 employees. They will terminate sub-leasing agreements with other studios on the LA lot to begin production on 15+ ready scripts. This shift, driven by California’s new tax incentives, will bring significant production back to LA and reduce activity in other destinations. Updates to the transient RFP are pending as leadership direction evolves.

Comcast/NBCUniversal/Sky: Spinning off several entities into a new company, Versant, expected to finalize in late 2025/2026. Versant will include NBC’s cable networks such as USA Network, CNBC, MSNBC, Oxygen, and E!.

Warner Bros. Discovery: Splitting into two companies: Warner Bros. (retaining HBO, HBO Max, DC Studios) and Discovery Global (retaining TNT, CNN, HGTV, Bleacher Report, and Discovery+).

The Walt Disney Company & ESPN: ESPN has struck a deal with the NFL to acquire NFL Network, NFL RedZone, and NFL Fantasy. In exchange, the NFL will take a 10% equity stake in ESPN.

 

Music Touring & Production: 

Production: Activity has rebounded in 2025 after recent strike-related declines. California’s tax incentives are driving more projects back to LA, while Atlanta sees a significant drop. The UK is gaining momentum with long-term tax incentives, for example the new Spider-Man movie is filming in Glasgow, transforming streets to resemble NYC.

Touring: The entertainment touring market remains strong in 2025, though growth has plateaued following the surge in 2023 and 2024.

Europe: Key cities include Oslo, Stockholm, Copenhagen, Barcelona, Dublin, Lisbon, and Helsinki (both trending upward), and London, Paris, Milan, and Rome (less frequent). Belfast has declined due to fewer headline events compared to 2024.

USA: Popular cities include LA, NYC, San Diego, Las Vegas, Boston, Miami, Houston, Atlanta, Nashville, New Orleans, and San Francisco.

Festivals: Summer festivals often occur in resort destinations or pop-up locations, adding unpredictability to routing.

Key deal breakers remain the same: Flexible cancellation policies, complimentary upgrades, early check-in/late check-out, and increased commissions, especially for UK agencies (12–15%).

 

Contact for this market is Michelle Streeter based in Newport Beach CA, USA

mstreeter@preferredhotels.com