Today: November 28, 2015, 8:44 am

Argentina tourism market reported an increase of outbound tourists totalling 10.35% CAGR during 2009 to 2013
Travel and Tourism in Argentina to 2018 - a new market research report on 2014-08-21 00:19:02
The Argentine travel and tourism sector is undergoing a tourism imbalance due to fewer inbound arrivals and more international departures. While outbound tourists increased at a compound annual growth rate (CAGR) of 10.35% during the review period (2009–2013), inbound tourists increased at a slower CAGR of 6.16%. Outbound tourists are increasingly using credit cards to make purchases in foreign currencies with the aim of buying goods at cheaper rates; this has had a negative impact on the economy and consumer confidence.

The Argentinean government has been making efforts to promote domestic tourism. The Ministry of Tourism launched a promotional campaign in the 2013 summer season to increase domestic tourism at seaside cities along the Atlantic coast. The campaign compares food and rent prices in Argentine resorts to similar options in Uruguay, Brazil and Chile.

By the end of March 2014, Aerolíneas Argentinas is planning to increase the flight frequency on its Buenos Aires to Barcelona route from five times a week to six, and its Buenos Aires to Rome route from four times a week to six. This is expected to increase to daily flights from July 2014. Aerolíneas Argentinas is also planning to introduce a daily flight from Buenos Aires to Santa Cruz de la Sierra from April 2014. In October 2013, Aerolíneas Argentinas ordered 20 next-generation 737-800 Boeing aircraft, valued at US$1.8 billion for the expansion of these routes. Additionally, Conviasa plans to introduce a Porlamar to Buenos Aires international route in the first quarter of 2014.

Amérian, a leading hotel chain, is constructing five hotels in the country and plans to have a portfolio of 21 properties by 2015. In addition to its existing 20 hotels, Fën Hoteles is planning to open 10 new properties in the country by 2014. P Hotels acquired Arelauquen Golf & Country Club in April 2013 and transformed the lodge into a luxury hotel, which opened in November 2013.

In December 2012, Chile introduced a system for the entry and exit of tourists from Argentina with the temporary admission of rental cars. The validity of these car rentals in both countries encourages and promotes binational tourism and has led to an increase in the number of tourists renting vehicles.

Travel intermediaries assist tourists when making trips, such as tours of the town of Las Flores in Buenos Aires Province, which is the birthplace of Pope Francis. Other important destinations include churches and other cities where masses were conducted, particularly Catedral Metropolitana.

Click for report details: ..

Browse all Travel Market Research Reports ..

Browse all Travel Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 597 Words
Related Articles
More From Finance
USGFX Anticipates A Rise In Forex Trading [..]
The Shanghai Composite Index has been volatile and at one stage dropped more than 30% from its June 12 peak, [..]
Credit-Yogi Recommends Reputable Debt Solution Companies To [..]
Many people who have poor credit don’t know what to do about it. They realize that their bad credit prevents [..]
Credit-Yogi Reveals Special Considerations for Military Members [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]
Credit-Yogi Teaches Consumers How To Use HAMP [..]
Be Prepared to Utilize HAMP Lenders do not like to help borrowers prevent foreclosure by accessing the Obama loan modification [..]
Credit-Yogi Informs Military Members Facing Auto Repossession [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.