Music festival organiser to absorb HK$15 million cost after delay in Hong Kong
- One Love Asia Festival organiser says 30 per cent of ticket holders sought refunds after concert was rescheduled over weather concerns
The organiser of the One Love Asia Festival has revealed it will bear up to HK$15 million (US$1.9 million) in additional costs, alongside refund requests from 30 per cent of ticket holders following a rescheduling of the event over weather concerns in Hong Kong.
In a response to questions from the Post, Singapore-based IMC Live Global (IMC) also reiterated that the weather was the only reason for the delay after a lawmaker called the explanation “unacceptable”.
“IMC is a foreign company with limited resources in Hong Kong to be able to respond adequately in the event of adverse weather conditions for an outdoor venue,” the organiser said.
“These changes will cost IMC an additional HK$12-15 million which we decided to bear in order that our patrons are safe and the event can proceed regardless of the weather.”
IMC added that 30 per cent of ticket holders had requested a refund, while an additional 10 per cent had sought to exchange their tickets for another day.
Tickets for the show ranged from HK$980 for a single-day general admission ticket to HK$2,580 for a three-day premium one.
On Monday, IMC announced that the three-day music festival would be pushed back to June 29 from June 21, and that the venue would be changed from the Central Harbourfront Event Space to AsiaWorld-Expo.