StubHub Sales Double

Patrons used ticket reseller StubHub’s Web site to move nearly twice the number of tickets as in the previous year and the site received nearly 3 million visits per month in 2006, according to the company’s annual report released December 18th.

Gross sales of concert tickets on the site increased 95 percent during the year, due to increasing adoption of the secondary ticket market, the report said.

And while the number of tickets sold increased, the company also announced that the average price of tickets sold on the site decreased $20 on average – from $165 in 2005, to $145 in 2006.