New entrance fee to visit Europe set to triple, says European Commission

New entrance fee to visit Europe set to triple, says European Commission


Some travelers may need to pay more to enter parts of Europe come 2026.

The price for travel authorization under the European Travel Information and Authorisation System is set to nearly triple, according to an announcement from the European Commission Friday.

The system, known as ETIAS, hasn’t been implemented yet. The authorization, which was adopted in 2018, has been postponed several times, and is now set to take effect in the fourth quarter of 2026.  

A proposal was made to increase the fee from 7 euros ($8) to 20 euros ($23), according to the announcement.  

Inflation and additional operational costs were reasons for the price hike, according to the announcement.  

The new fee comports with the price of other travel authorizations, such as the U.K.’s Electronic Travel Authorisation (ETA) and the U.S.’ Electronic System for Travel Authorization, known as ESTA, the European Commission said.  

Currently, an ETA costs £16 ($21.70), and the ESTA costs $21.

Who must pay it?

The ETIAS travel authorization applies to visa-exempt travelers who want to visit 30 European countries for stays of up to 90 days in a 180-day period. Some travelers are exempt from the fee, including those who are under 18 years old or over 70 years old, as well as family members of European Union citizens.  

Travelers from 59 places will need to obtain an ETIAS authorization, including those from Australia, Canada, Japan, Singapore, South Korea, the United States and the United Kingdom.  

The proposed adjustment is subject to a two-month review period by the European Council and Parliament, according to the announcement.  



Source

Empire State Realty Trust CEO: International demand was lower than expected
Travel

Empire State Realty Trust CEO: International demand was lower than expected

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Anthony Malkin, Empire State Realty Trust CEO, joins ‘The Exchange’ to discuss the state of REITs, the shares falling on lower international demand and New York City Democratic Mayoral candidate Mamdani’s potential impact on real estate in the city. Source

Read More
Alaska Airlines CEO: We expect a better second-half of the year than first-half results
Travel

Alaska Airlines CEO: We expect a better second-half of the year than first-half results

CNBC’s Phil LeBeau with Alaska Airlines CEO Ben Minicucci, join ‘The Exchange’ to discuss Q2 earnings, the recent IT outage and booking demand. Source

Read More
American Airlines CEO Robert Isom: See supply and demand trends moving in our favor in Q3 and Q4
Travel

American Airlines CEO Robert Isom: See supply and demand trends moving in our favor in Q3 and Q4

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau and American Airlines CEO Robert Isom join ‘Squawk Box’ to discuss the company’s quarterly earnings results, Q3 profit forecast, softness in domestic travel, corporate travel demand outlook, and more. Source

Read More