Passengers who want to reach The Peak will have to pay more, with some seeing an up to 38-percent fare hike starting from December 29. The Peak Tramways Company announced in a statement on Monday that adult tram fares will increase from HK$76 to HK$82 for a single trip. Their round-trip tickets will go up from HK$108 to HK$116. For children under the age of 11 and people aged 65 or above, the ticket price for single trips will rise from HK$38 to HK$52, while round-trip tickets will go up from HK$54 to HK$75. Tram fares last rose in 2024.