Roland Lescure, the French minister of the Economy, expressed satisfaction with the economic impact of major events in Paris, including the recent visit of Pope Leo XIV. He stated that the visit is expected to generate significant economic benefits, though he acknowledged that it is difficult to provide an exact figure. Lescure estimated the impact to be in the range of several hundred million euros, comparing it to the economic boost from Celine Dion’s concert series, which had previously generated nearly a billion euros in revenue. The Île-de-France regional attractiveness agency had earlier estimated Celine Dion’s concerts to have an economic impact between 500 and 800 million euros. This estimate was confirmed by Natixis bank, which used similar events like the Olympic Games and Taylor Swift’s concerts as references. According to Natixis, Celine Dion’s performances contributed between 0.02 and 0.03 percentage points to French economic growth in 2026, translating to an additional 570 million to nearly a billion euros. The singer also announced plans to add ten more concert dates in 2027, potentially increasing these figures further. The economic impact of such events is primarily linked to ticket sales, which are estimated at around 130 million euros and contribute directly to household consumption. Accommodation expenses also rise significantly, with hotel prices near the Defense Hall doubling on concert nights, according to Google’s price comparison tools. Ten Adagio hotels in La Défense and surrounding areas report an 80% occupancy rate on concert weekends, compared to 50% last year. These hotels note a large international clientele, with about 40% of guests coming from Germany and the United States. Natixis also considers the impact on other sectors, such as food, transport, and services like security, insurance, and logistics, which may also see increased activity. However, some within the music industry feel they are not receiving enough of the economic benefits from these events. Aurélie Hannedouche, director of the Syndicat des musiques actuelles (SMA), pointed out that four million euros from ticket taxes go directly to the French government rather than supporting the music industry. This has raised concerns among industry representatives about the distribution of financial benefits from large-scale events.