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This is how the Royal family benefits UK's economy

British Royal Family: In 2019-20, the royal estate’s income from ticket admissions in the UK rose over the previous year, Independent reported

Published on: Sep 15, 2022, 13:26:22 IST
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The British royal family generates millions of pounds worth of tourism for the United Kingdom, Independent reported. In 2019-20, the royal estate’s income from ticket admissions in the UK rose over the previous year, Independent reported quoting Statista adding that the admission income peaked at nearly £49.9 million in 2019-20.

British Royal Family: The Royal family follows the coffin of Queen Elizabeth II during the procession. (AP)
British Royal Family: The Royal family follows the coffin of Queen Elizabeth II during the procession. (AP)

Watch: The moment a Royal guard near Queen Elizabeth II's coffin faints

How much money does the royal family bring through tourism?

The house of Windsor helps earn hundreds of millions for Britain’s economy Independent reported, with Windsor Castle and Frogmore House recording approximately 426,000 paying visitors between April 2021 and March 2022.

Read more: ‘#NotMyKing’: Anti-monarchy protests in Britain, explained

Royal tourist destinations like the Buckingham Palace, the Royal Mews, Clarence House, the Palace of Holyroodhouse, and the Queen’s Gallery also generate significant tourism revenue for the UK.

What are the other avenues for generation of tourism revenue?

 
ABOUT THE AUTHOR
Mallika Soni

When not reading, this ex-literature student can be found searching for an answer to the question, "What is the purpose of journalism in society?"

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