Mt Everest continues to dominate Nepal’s mountaineering economy, generating nearly 79% of total climbing royalties and driving the sector’s earnings to a record NPR 918 million in fiscal year 2081/82 — a 19.08% increase from the previous year.
Nepal’s tourism sector has recorded steady growth, with tourist arrivals surpassing the 1.1 million mark in the fiscal year 2081/82, according to the Department of Tourism’s latest annual report.
The Sherpa Tourism Entrepreneurs Association Nepal (STEAN) recently convened its 7th Annual General Meeting, where a new committee was elected to steer the organization’s mission of advancing Sherpa tourism businesses nationwide.