The price of a permit to climb the world’s highest peak will rise 36 percent later this year. Guides believe that climbers will still flock to the mountain.

The price to climb Mount Everest will soon increase for the first time in nearly a decade, as Nepal announces a sharp mark-up in permit fees. From September, those seeking to summit the world's tallest mountain during peak season will have to pay $15,

Nepal will increase the permit fees for climbing Mount Everest by more than 35%, making the world’s tallest peak more expensive for mountaineers for the first time in nearly a decade, officials said on Wednesday.

Nepal plans to increase permit fees from $11,000 to $15,000 for the popular April-May season, Reuters reported.

Nepal is raising the permit fees to climb Mount Everest from $11,000 to $15,000. Income from the fees is a key source of revenue and employment for the cash-strapped country.

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,

Nepali airlines have resumed rescue helicopter flights to the Everest region, an aviation industry official announced Tuesday, following weeks of suspension prompted by protests from locals citing env

Nepal just raised permit fees for climbing the world’s highest peak. Experts believe that climbers will still flock to the mountain.