Nepal hikes Mount Everest climbing fee by 36%
According to Glacier Himalaya Treks and Expedition, a private group of experienced mountaineers that offers tours, the permit fee for climbing Mount Everest will increase by $4,000 in September. The new rate will mean the popular route will cost $15,000 in fees on top costs for supplies and guides, who are required to accompany hikers. The World Bank says that tourism is significant part of Nepal’s economy and leads to an estimated impact of more than $2 billion.
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