Phase transitions in symmetric orbifold CFTs and universality

Since many thermodynamic properties of black holes are universal, the thermodynamics of their holographic duals should be universal too. We show how this universality is exhibited in the example of symmetric orbifolds of general two dimensional CFTs. We discuss the free energies and phase diagrams of such theories and show that they are indeed universal in the large N limit. We also comment on the implications of our results for the classification of CFTs that can have an interpretation as holographic duals to gravity theories on AdS_3