Argentina’s Rich Neighbors Cut Back on Visits Due to Strong Peso

[MilHojas]

Argentina’s Rich Neighbors Cut Back on Visits Due to Strong Peso

South Americans travel less to a more expensive Argentina
Number of Uruguayans visiting Argentina fell by nearly half

Archived version

 

[antipodean]

TABLEROS y REPORTES: Turismo Internacional

Resumen de la estimación del turismo emisivo y receptivo de la Argentina, por todas las vías.

tableros.yvera.tur.ar

Total 2024 inbound tourism ended -9,4% below 2023.
Total 2024 outbound tourism ended +11,8% above 2023 - with December 2024 seeing +50% more Argentines travel abroad than in December 2023. This also supports air travel statistics now being at record highs, showing that Argentines are certainly making the most of their "strong" peso at the moment.

The fall in inbound tourism is entirely from neighboring countries, except Brazil which ended 2024 as +7,8% above that of 2023. Inbound tourism from the rest of the world is up significantly (+23,8%) as is inbound tourism from other countries in Latin America (+15,1%).

As always, what goes around, comes around but for foreign tourists from most non-neighboring markets, Argentina is still a desirable destination.

 

[sergio]

TABLEROS y REPORTES: Turismo Internacional

Resumen de la estimación del turismo emisivo y receptivo de la Argentina, por todas las vías.

tableros.yvera.tur.ar

Total 2024 inbound tourism ended -9,4% below 2023.
Total 2024 outbound tourism ended +11,8% above 2023 - with December 2024 seeing +50% more Argentines travel abroad than in December 2023. This also supports air travel statistics now being at record highs, showing that Argentines are certainly making the most of their "strong" peso at the moment.

The fall in inbound tourism is entirely from neighboring countries, except Brazil which ended 2024 as +7,8% above that of 2023. Inbound tourism from the rest of the world is up significantly (+23,8%) as is inbound tourism from other countries in Latin America (+15,1%).

As always, what goes around, comes around but for foreign tourists from most non-neighboring markets, Argentina is still a desirable destination.

I suspect the word is not out yet in Europe and North America that Argentina is now expensive.

 

[Ries]

Historically the majority ( usually a minimum of 75%) of tourists to Argentina have been from South America. US and Euro tourists are usually below 20%. The mercosur tourist is financially more important. So this is not good news.

 

[antipodean]

Historically the majority ( usually a minimum of 75%) of tourists to Argentina have been from South America. US and Euro tourists are usually below 20%. The mercosur tourist is financially more important. So this is not good news.

Curious to see the stats on tourism spend of Mercosur (excluding Brazil) versus rest of world.

I am under the impression they are are high volume low yield while RoW is lower volumes high yield (due to greater spend on hotels on tourism activities, not just heading to the closest market or Jumbo before crossing back…)