Climbing the famous Eiffel Tower could become more expensive
31.05.2024 France Paris   22
Climbing the famous Eiffel Tower could become more expensive

The famous Eiffel Tower is not only one of the popular tourist places in the world, but also a symbol magnificence that captivates the hearts of millions of people. However, recent headlines about rising ticket prices have caused mixed reactions among locals and tourists alike. Visitors to this famous landmark will now have to face a significant increase in ticket prices, which should come into effect on June 17.

If reports are to be believed, the astonishing increase, a staggering 20 percent jump, was approved by Paris City Hall, reflecting a multifaceted response to rising reconstruction costs and economic strains exacerbated by recent problems.

When Gustave Eiffel unveiled his masterpiece in 1887, and he wisely recommended applying a new coat of paint every seven years to prevent the relentless onset of rust. However, it appears that this advice was ignored for a long time: the French monument languished without a comprehensive paint job for more than ten years.

So, what do these changes entail? Here are the details:

In practice, the new ticket prices suggest that the cost of an adult ticket, including a lift ride to the summit, has risen to €35.30 ($38.31) from previous bid of €29.40 ($31.91). Likewise, tickets for children aged 12 to 14 years will rise to €17.70 ($19.21), and for young visitors aged 4 to 11 years, tickets will rise to €8.90 (9. $66).

This price adjustment was driven in part by significant revenue shortfalls caused by the “health crisis” that lasted from 2020 to 2022, as well as rising remodeling costs.

The tumultuous impact of the COVID-19 pandemic on global tourism has taken its toll on the Eiffel Tower, with visitor numbers plummeting due to building closures and travel restrictions. In 2020, visitor numbers dropped to less than 1.6 million, a sharp contrast from nearly 6.2 million the previous year. Although there was a gradual recovery in subsequent years, with visitor numbers gradually approaching 6.3 million in 2023, financial difficulties persisted.

In response to these problems, the Paris City Council ratified a number of measures aimed at strengthening financial position of the tower. This includes a recapitalization plan for the Eiffel Tower operator, Société d'Exploitation de la Tour Eiffel (SETE), as well as a reduction in the annual fee charged to the operator for managing the monument.

Despite these efforts, disagreements persisted, with unions expressing concerns about the adequacy of the funds allocated to the immediate maintenance needs of the monument. The strike earlier this year highlighted these grievances, highlighting the need for sustainable financial decisions.

Looking ahead as Paris prepares to host the 2024 Olympic Games, travelers should prepare for increased costs. The Eiffel Tower, an eternal symbol of Parisian charm, stands at a crossroads and requires continued support to preserve its legacy for future generations.

Source: timesofindia

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