How Much Money Does The Royal Family Bring In Tourism

This is based on how much the british monarchy has.

Warsaw or krakow tourism. The main money earner however is the crown estate. According to visitbritain tourism in the uk linked to royal residences such as buckingham palace and windsor castle adds up to 27 million visitors a year. The royal family are so important for tourism in london.

A spokesperson for visitbritain quoted in the. But the security costs have been estimated at more than 20m. Any unspent money goes into the sovereign grant reserve each year.

That doesnt mean the government is taking the queens private revenue its incorrect to say that government keeps 360 million of the royal familys private revenue. One of the countrys biggest landowners with property valued at 12bn it paid 329m into the treasury last year alone. The royals draw millions of tourists every year.

Led by the queen and the duke of edinburgh the senior royals are visiting regions. The royal family gets a lot of negative press for being a drain on taxpayers money and with reports that the 2015 windsor familys budget ran to a whopping 357 million courtesy of the. The royal family brought in 550 million a year for british tourism in the past year alone according to a report from brand finance.

The royal family brought in a staggering 18 billion to the british economy this year. Nine members of the royal family are to take part in a british tourism day to help boost the hard hit industry. The cost of the wedding itself the food the ralph russo couture dress etc will be picked by the royal family.

Supporters of the monarchy and its value to the uk often use the example of tourism as an area where the royals haul in money. In 201718 the crown estate made about 330 million profit.