Monarchy Tourism

Republic quickly challenged this and they withdrew the claim.

Nouvelle caledonie office du tourisme. Since 1952 queen elizabeth ii has bore witness to a great volume of cultural and. A few years ago visitbritain suggested that the monarchy brings in 500m a year in tourism revenue. Monarchy tourism boost blasted as fake news and fiction the royal family is not value for money for the british taxpayer according to the ceo of republic who branded.

Westminster abbey where kate and william were. This is based on how much the british monarchy has. Brand finances calculations show that tourism revenue connected to the monarchy and its heritage has been valued at 535 million for 2015.

None of this has anything to do with the royals. The idea that the monarchy is good for tourism is complete fiction and the original fake news. We have a 170 billion tourism industry the best figure that has ever been put out there for tourism revenue associated with the royals is 500 million which is less than half a percent of that total tourist income.

The royal family of the united kingdom is one the most instantly and widely recognized institutions in the world. So the british monarchy is an expensive institution. 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 media interest for the current royal family attracted tourists in specific places. The firm brand finance reported in 2017 that monarchy related tourism accounted for 550m in annual economic uplift related to tourists visiting royal homes and buying souvenirs. In contrast republic an anti monarchy pressure group challenges the view that the british monarchy is good for tourism and argues that other attractions pull in more visitors.

Tourism employs almost 10 of the uks workforce and attracted 409 million visitors to the uk last year. People enjoy visiting castles and palaces but those attractions will still be there once the monarchy is gone.