• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LifestyleArts & Entertainment

Stung by Taylor Swift tour snub, Thailand seals deals for music festivals to boost ailing economy

By
Patpicha Tanakasempipat
Patpicha Tanakasempipat
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Patpicha Tanakasempipat
Patpicha Tanakasempipat
and
Bloomberg
Bloomberg
Down Arrow Button Icon
March 23, 2024, 10:10 AM ET
Taylor Swift performs during "Taylor Swift | The Eras Tour" in Singapore.
Taylor Swift performs during "Taylor Swift | The Eras Tour" in Singapore. Ashok Kumar/TAS24/Getty Images for TAS Rights Management

After missing out on Taylor Swift’s world tour, Thailand has sealed deals to host Summer Sonic and Tomorrowland music festivals as it pushes event-driven tourism to propel Southeast Asia’s second-largest economy.

Summer Sonic will come to Southeast Asia for the first time in its second venture outside of Japan, with dates set for Aug. 24 and 25 in Bangkok after shows in Tokyo and Osaka, according to Thai government spokesman Chai Wacharonke. Thailand will also be hosting dance music festival Tomorrowland in 2026, which may be only the first of 10 consecutive editions, Chai said in a statement on Saturday.

The push came after Thai Prime Minister Srettha Thavisin, who took office in September, identified measures such as visa waivers for tourists as “quick wins” to stimulate Thailand’s economy, which he has repeatedly said is in a “crisis.” Thailand, which has seen an average growth short of 2% in the past decade in a region where a pace upwards of 4% is the norm, has pushed promotional campaigns to extend holidaymakers’ stay and year-round festivals to boost the number of foreign tourists.

Srettha previously bemoaned that Thailand had missed out on Taylor Swift’s record-breaking Eras Tour, which made Singapore its only stop in Southeast Asia due to an exclusive arrangement with the neighboring country.

Tycoon-turned-politician Srettha has called Singapore’s move “smart” and said Thailand should seek to emulate such strategies to bring in tourists and boost its economy.

Thailand’s vital tourism industry accounts for 12% of the country’s gross domestic product. This year, the country aims to welcome 35 to 40 million foreign tourists, edging near a pre-pandemic record of 40 million visitors.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Patpicha Tanakasempipat
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Lifestyle

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Lifestyle

Arts & EntertainmentGen Z
Gen Zers and millennials go analog with letter writing, typewriter clubs and calligraphy to take a break from screen time
By Cheyanne Mumphrey and The Associated PressJanuary 17, 2026
19 hours ago
SuccessWarren Buffett
Warren Buffett’s son says he didn’t know his dad was a billionaire until he was in his 20s—and his friends were just as surprised
By Sydney LakeJanuary 17, 2026
1 day ago
raccoon
North AmericaAnimals
For 15 years, a neuroscientist has studied raccoon intelligence in Central Virginia. Then a drunk one passed out in a nearby liquor store
By Kelly Lambert and The ConversationJanuary 16, 2026
2 days ago
Close cropped images of Sam Altman alongside an actor playing him.
AIFilm Industry
A filmmaker deepfaked Sam Altman for his movie about AI. Then things got personal
By Beatrice NolanJanuary 16, 2026
2 days ago
SuccessCareer Advice
Jensen Huang tells Stanford students their high expectations may make it hard for them to succeed: ‘I wish upon you ample doses of pain and suffering’
By Orianna Rosa RoyleJanuary 16, 2026
2 days ago
powell
BankingFederal Reserve
‘We are Jerome Powell’: Gen Z finds an unlikely meme hero in the Fed chair via AI songs and fan edits
By Eva Roytburg and Nick LichtenbergJanuary 16, 2026
2 days ago

Most Popular

placeholder alt text
Newsletters
The oil CEO who stood up to Trump is a follower of the disciplined 'Exxon way' and has a history of blunt statements
By Jordan BlumJanuary 13, 2026
5 days ago
placeholder alt text
Politics
The Nobel Prize committee doesn't want Trump getting one, even as a gift—but they treated Obama very differently
By Nick LichtenbergJanuary 16, 2026
2 days ago
placeholder alt text
Banking
'Absolutely, positively no chance, no way, no how, for any reason': Dimon says he'd never run the Fed but 'would take the call' to lead Treasury
By Jacqueline MunisJanuary 16, 2026
2 days ago
placeholder alt text
Success
Jensen Huang tells Stanford students their high expectations may make it hard for them to succeed: 'I wish upon you ample doses of pain and suffering'
By Orianna Rosa RoyleJanuary 16, 2026
2 days ago
placeholder alt text
Economy
America’s $38 trillion national debt is so big the nearly $1 trillion interest payment will be larger than Medicare soon
By Shawn TullyJanuary 15, 2026
3 days ago
placeholder alt text
Innovation
Exclusive: Elon Musk’s Boring Co. is studying a tunnel project to Tesla Gigafactory near Reno
By Jessica MathewsJanuary 16, 2026
1 day ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.