Business News Live, Share Market News – Read Latest Finance News, IPO, Mutual Funds News
Venice may hike visitor entry fee to €50 to curb overtourism
Venice’s new mayor, Simone Venturini, proposes a significant hike in the city’s controversial entrance fee, potentially reaching €50 on peak days. This move aims to curb overtourism by discouraging day-trippers and generating funds for the city’s upkeep. The fee, already in place since 2024, could see a substantial increase, pending government approval, as Venice seeks to balance resident needs with tourist influx.