
Here’s How Much You Will Need to Stay at The Buckingham Palace for a Night

The Rate
New data reveals that the Queen has the potential of making over $1.3 million per night if she goes ahead to put some parts of the Buckingham Palace up for rent.

The Queen could make over $1.3 million every day by renting out spaces in the Buckingham Palace
One of Airbnb management companies has given a rough estimation, as to what it would cost to swap out a hotel suite or a standard apartment in place of just one room in that palace, and that would surely not come cheap. The figures project that the Queen could charge £3,570 which is approximately $4,657 daily for each of the 52 bedrooms in the palace.
Renting Other Palace Spaces
Also, she could rent out the garden for £400,000 which is approximately $522,000, and each of the 19 staterooms for £16,000 which is approximately $20,877.

The Buckingham Palace has 775 rooms and its own post office
In total, the company estimated that it would get a daily rate of about £1,034,291 which is approximately $1.3 million. Its estimations were based on hotel suites, event spaces, and flats in that area, offering a similar standard of luxury.
Not only is the Buckingham Palace the monarch’s administrative headquarters, but it is also the private residence of the Queen.
The Palace has 775 rooms, a swimming pool indoors, a medical center, its own private movie theatre, and a post office.
Palace Makeover
At the moment, the palace is undergoing a makeover that is reportedly worth £369 million which is approximately $482.5 million. It has been projected that the makeover would take almost one decade before completion.
The makeover came to a little while after specialists reported that if urgent work is not carried out, there would likely be a risk of severe damage to the palace through either a water or fire damage.

The Buckingham Palace is currently under a major makeover reportedly worth $482.5 million
While it is not likely that a hotel would be available in the Buckingham Palace anytime soon, anyone who desires to see what the palace looks like can find some recently released videos that showed the monarch butlers at work.
The palace is most times the center of royal hospitality and state occasions. It has been a primary point of focus during periods of national celebrations or even mourning in Britain. It was initially called the Buckingham House, and King George III acquired it in 1761, so it could serve as Queen Charlotte’s private residence. It later gained popularity as The Queen’s House.
Later, The Queen’s house was enlarged primarily by Edward Blore and John Nash as they constructed three different wings round the central courtyard. It later became the residence of the monarch upon Queen Victoria’s ascension in 1837.
The last principal structural changes to the property happened in the late 19th century into the early 20th century. The addition was to the East Front, and that part contains the popular balcony where the royal family usually stay when greeting crowds at events.
More in Star Advisor
-
`
Sneak Peek Into SAP’s New Training Program
During 2020, the global job market turned upside down, with millions of people being fired from their jobs. This led to...
February 28, 2022 -
`
Here’s Why Choosing the Perfect Career Path Sounds so Difficult
When was the first time you heard, “what do you want to be when you grow up”? As soon as kids...
February 23, 2022 -
`
Rising Renovation Trends for 2021
2020 came with an incredibly unpredictable and difficult-to-swallow shift in daily activities. The outlook of the entire world changed overnight, with...
February 7, 2022 -
`
4 Best Ideas for New Homebuyers in 2022 & Beyond
2022 is a difficult year for new homebuyers. The coronavirus pandemic, upsurge in the mortgage rate, and bothersome inflation all add...
February 6, 2022 -
`
The Strange Reason Why 50 Cent Went From Millionaire to Bankrupt
In 2014, rapper cum entrepreneur Curtis Jackson embraced bitcoin payments for his Animal Ambition album, citing that technology impacts on and...
January 20, 2022 -
`
A Sagacious Career Advice From 3 Successful Global Personalities
In its Career Advice Series, LinkedIn interviewed four successful global personalities about their career success in 2016. The series aimed at...
January 15, 2022 -
`
Scott Disick Sells Modernized Farmhouse in Hidden Hills for $5.6 Million
The 37-year-old reality star, Scott Disick, first appeared on our TV screens in the hit reality TV series Keeping up with...
December 22, 2021 -
`
Ashley Tisdale’s Breathtaking Los Feliz Home Listed for $5.8 Million
Singer, actress, and producer widely known for the iconic role of Sharpay Evans in the hit Disney movie series High School...
December 21, 2021 -
`
Looking For A Home Loan? Things You Might Want to Consider Before Applying
Buying your very own house is still a far-fetched dream for many Americans. But that doesn’t mean you need to sit...
December 16, 2021
You must be logged in to post a comment Login