Mike Pence event has ticket prices almost halved 'due to lack of demand'

The original cost of the lowest-priced ticket was $275. It's now $150

Vice President Mike Pence (AP)

The price to see Vice President Mike Pence next week in Denver has been reduced by 45 per cent because of a reported lack of demand for tickets.

Mr Pence is the headliner for a Colorado Republican Party fundraiser, and it originally cost $275 to secure the lowest-priced ticket, according to the Denver Post.

But the party was struggling to sell the tickets available, the newspaper reported. It has now lowered the price of the cheapest ticket to $150. Couples can also buy two tickets for the original $275 price.

Daniel Cole, the party’s spokesman, told the Post: “We are hearing from a lot of people that they very much want to see the vice president but the tickets were too expensive.”

They couldn’t fill the large room with the $275 rate, he added. The room at the Denver Marriott Tech Center, where the event is being held, can hold 900 for typical banquet events, according to the Post.

The party initially indicated that it planned to sell 800 tickets, the newspaper reported. But it scaled this number back, saying they now expect 400 people to attend.

“All Republicans want to see the vice president, and many Republicans can’t afford the $275 ticket,” Mr Cole said. Party activists had apparently complained online about the original ticket prices.

The top ticket for the event costs $10,000 and includes a VIP reception, premier seating and a photo opportunity with Mr Pence.

The ticket discount hasn't gone unnoticed by the Colorado Democratic Party.

“I think it’s another indication of a lack of enthusiasm – right on the heels of a weak fundraising quarter for Republican candidates in Colorado,” party spokesman Eric Walker told the Post.