Venues across England and Wales will see their licensing hours extended from the normal 11pm closing time to 1am between Friday 5 May and Sunday 7 May.
Home Secretary Suella Braverman said it would allow people to 'enjoy an extra pint or two', describing the Coronation as 'a momentous occasion deserving of special celebration'.
She said: “His Majesty The King's coronation will be a momentous occasion deserving of special celebration.
“That is why I am extending the licensing hours over this historic coronation weekend.
“Up and down the country, people can enjoy an extra pint or two in the evening while families and friends can come together to wish His Majesty The King a long and happy reign.”
The decision to extend licensing hours has been backed by 77% of the public who took part in a month-long consultation.
Emma McClarkin, chief executive officer of the British Beer and Pub Associaton, said: “This is a timely boost for the pub industry.
“In the midst of an acutely challenging period, I am sure our pubs will look to mark this joyous occasion by hosting special events and parties as part of national celebrations.
“The announcement of extended opening hours will help us all to mark this important event.
“It is sure to be a time for community and celebration, and the great British pub is always right at the heart of both, so I would encourage everyone to head down to their local and raise a toast to His Majesty during the Coronation weekend.”
Section 172 of the Licensing Act 2003 allows the Home Secretary to make a licensing hours order, giving permission to premises to open for specified, extended hours to mark occasions of exceptional international, national or local significance.
It was previously used last year for the Queen’s Platinum Jubilee celebrations.
King Charles III's Coronation itself will take place on Saturday 6 May 2023 at Westminster Abbey in London. During the ceremony, the King will be crowned alongside Camilla, the Queen Consort.