Bloomberg discusses the situation with regards to Nepal eathquake and tourism. I didn’t realize that Nepal was Asia’s second poorest country but I did know it’s economy was heavily dependent on tourism. The earthquake is a double punch.
What the article points out is that Everest will be closed for the second season in row now. Last year it was the Blizzard and avalanches that killed many climbers and sherpas.
American expedition companies that employ Nepali sherpas charge $50,000 to partipate in group trips to the top of Everest. That rippled down to sherpa’s wages of about 9x per capita income.