"Economic ripple effect of 51.7 billion won, creation of 5,244 jobs" BTS arrives in Bogotá

*This content was translated by AI.

The fervor surrounding the BTS World Tour is expanding from North America and Europe into South America.

BTS will kick off its South American tour with "BTS WORLD TOUR 'ARIRANG'" at Estadio El Campín in Bogotá, Colombia, on the 2nd and 3rd (all local time). The group will then perform a total of 14 shows across five cities: Lima, Peru; Santiago, Chile; Buenos Aires, Argentina; and São Paulo, Brazil.

This marks the first time BTS has performed as a full group in Colombia and Argentina. As the Bogotá concerts approach, new projections have emerged regarding the economic ripple effect they will bring. Previously, the Tourism Observatory (Observatorio de Turismo de Bogotá) under the Bogotá District Tourism Institute (Instituto Distrital de Turismo) forecast that consumption from the two performances would exceed 99 billion Colombian pesos (approximately 40.6 billion won). Subsequently, the Bogotá District Economic Development Secretariat (Secretaría Distrital de Desarrollo Económico) estimated that the economic ripple effect would reach approximately 126.54 billion Colombian pesos (approximately 51.7 billion won), creating 5,244 direct and indirect jobs. María del Pilar López Woo Ri-be (Director) (María del Pilar López Uribe) assessed that BTS's visit could lead to job creation for Bogotá residents.

Chile is also paying close attention to the economic impact BTS will bring. According to a study commissioned by local financial newspaper Diario Financiero from a consulting firm, the economic effect of the three concerts scheduled in Santiago on the 14th and the 16th–17th is projected at approximately $53 million (approximately 72 billion won). It is expected that the impact will spread to the city's overall economy as consumption surrounding the tour increases, including ticket sales, transportation, accommodation, food and beverage, and merchandise.

In Peru, excitement is high ahead of BTS's first visit. The Peruvian government's PROMPERÚ (Peru's Export and Tourism Promotion Agency) highlighted this concert as a representative case of music tourism through its study "Music Tourism and the BTS Effect" (Turismo musical y el efecto BTS). According to PROMPERÚ, the number of people on the waiting list for concert tickets has exceeded 521,000. The agency also highly assessed the possibility that Lima will establish itself as a major hub for global tours. A special welcome event organized directly by fans will be held in Lima's Costa Verde (Costa Verde). It is a BTS-dedicated drone show being held for the first time in South America. This event was realized after gathering over 25,000 participants from ARMY (BTS's fandom name) across countries including Peru, Mexico, Ecuador, Bolivia, and Colombia on the OnLINE platform.

In Brazil, the final destination of the South American tour, overwhelming ticket demand has been confirmed. According to Ticketmaster Brasil, over 630,000 people flocked to the FC membership pre-sale for the São Paulo concerts in just two days. Local business newspaper Exame estimated that ticket revenue for the three São Paulo shows would reach at least 216.8 million reais (approximately 56.4 billion won), based on seat capacity and prices disclosed by Ticketmaster.

Meanwhile, BTS's albums are also enjoying sustained popularity. The fifth studio album "ARIRANG," released in March, ranked third on Spotify's "Weeekly Top Albums Global" (period: September 25 to October 1). The title track "SWIM" climbed to 24th place on the "Weeekly Top Songs Global" chart, continuing its steady popularity.

<© STARNEWS. All rights reserved. No reproduction or redistribution allowed.>

*This content was translated by AI.