£5,000 per night to stay at an Airbnb for Royal Wedding!

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£5,000 per night to stay at an Airbnb for Royal Wedding!

Royal Wedding Madness

Royal Wedding Madness

The Royal Wedding between Prince Harry and Ms. Meghan Markle scheduled on 19th May in Windsor.  The wedding will take place at St George’s Chapel and huge flocks of visitors are expected to flow to London & Berkshire and surrounding areas during the wedding. The landlords in Berkshire town Windsor expect to make huge turnovers during this peak period, for them to realize the profits, they have adjusted their nightly rate to the demand for properties.  Many families with large houses have placed their properties on Airbnb for the first time and have rented other accommodation during the Wedding to cash in on the influx of people to the area.

 

The prices range up to 5,000 pounds per night during the Royal Wedding, though the demand for the services will be high during this peak periods host charging higher prices than the set ones are expected to experience low turnout, visitors will likely opt to reside in areas charging lower prices. Airbnb estimates that there will be 194% increase in the number of visitors in Windsor because of a 1,438 percent of visitors increase in the surrounding area because of the royal wedding happening. Airbnb estimates that most hosts will pocket up to an estimated amount of £197 during the weekend.  So if your Airbnb is already booked on the 19th, you may want to consider moving your prices up by 10% to capitalise on the influx of tourist, royal lovers and Prince Harry fans. The service will begin at St George’s Chapel at midday and will be conducted by the Dean of Windsor. From there the happy couple will travel around Windsor in a horse-drawn carriage, giving visit the chance for the general public to join in with their celebrations.