With much regret, after trying to make financial sense of our UK Tour budget plan that was too tight to allow for any unforeseen calamities to begin with, The Pat Travers Band will need to postpone their trip until a later date in order to put together a more solid, profitable tour plan.
The UK tour was first proposed to us back in April.
Initial quotes for transportation, stage gear rental and tour personnel, at that time were much lower than what is being asked for now. The official Exchange Rate from Sterling to US dollars is a more favorable number than the actual Buy/Sell rate. Which is a more Real World number. The conversion rate was not factored correctly. Between these two factors alone we now have an 18% loss in revenue. This has derailed our tour plan that was barely at break even to begin with.
We are very disappointed that it won’t be possible to make the November UK Tour happen at this time. We are in The Music Business, emphasis on “Business”, and the tour, as it stands, would see us potentially not even break even and we have few guarantees that we wouldn’t actually be in negative numbers at the end of the day.
There are just too many question marks associated with a trip that sees us such a long way from home without any guarantee that we wouldn’t lose our shirts.
We will let you know when we have the rescheduled dates.
Thank you for your support and understanding,
Pat Travers
The Pat Travers Band
October 6th 2015