Concert residency

A concert residency (also known as musical residency or simply residency) is a series of concerts (typically of live music), similar to a concert tour, but only performed at one location. The concert residencies have been a staple of Las Vegas Strip for decades, pioneered by singer-pianist Liberace in the 1940s and Frank Sinatra with the Rat Pack in the 1950s.

According to Billboard, Celine Dion's A New Day... is the most successful concert residency of all time, grossing over US$385 million ($454.39 million in 2017 dollars) and drawing nearly three million people to 717 shows. This commercial success was credited for revitalizing Las Vegas residencies, which was always known as a place where singers go to when their careers are in decline.

According to The Guardian, the concept of a concert residency was established by pianist and singer Liberace with 1944 debut in Las Vegas. Nearly ten years later, Liberace had his own show at the Riviera Hotel and Casino, Las Vegas, which reportedly earned "Mr. Showtime" around $50,000 per week. After years of pursuing other projects in Los Angeles, he returned to Vegas residency and earned around $300,000 a week until he died of AIDS in 1987.CeeLo Green held his 2013 residency, CeeLo Green Presents Loberace, as a tribute to Liberace.

Liberace's 1944 debut was followed by Frank Sinatra with the Rat Pack and Elvis Presley. In April 1956, Presley began a two-week concert residency at the New Frontier Hotel and Casino, Las Vegas, following the release of his self-titled debut album. His shows were poorly received by the conservative, middle-aged hotel guests—"like a jug of corn liquor at a champagne party," wrote a critic for Newsweek. From 1969 to 1976, Presley performed 837 consecutive sold out shows at the Hilton Las Vegas, which has since been renamed the Westgate Las Vegas Resort & Casino.

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