Is inflation killing tourism?

sergio

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What's the status of tourism these days? Any actual statistics?
 
This is the time of year when tango dancers get away from winter and come to enjoy the summer in BA. A friend who lives on the south coast of England and just arrived this week for six months, his second visit this year. And a woman from British Columbia, Canada, surprised me at a concert today. She, too, will enjoy the summer here for tango and cultural events. Both of them are retired, over 80, with sufficient funds for travel. Tango dancers feel as if they are coming home to Buenos Aires. The milongas will be full of retired visitors who come every year.
 
What's the status of tourism these days? Any actual statistics?

My Colonia neighbors have stopped coming. Before the dollar devaluation, they were coming in droves to shop, travel, go to the theatre, and dine in style. Some came twice a month.
 
Inbound tourism nose dived 20% YoY and it appears to be directly related to how expensive in dollars Argentina is

 
Inbound tourism nose dived 20% YoY and it appears to be directly related to how expensive in dollars Argentina is


You would think that anyone smart enough to be a government minister would be able to look at the long history of ups and downs in this country and predict that this would happen. I mean, it's not the first time, or the second...
 

Here are the latest stats...
Accumulated inbound tourism: -6,1% vs 2023 YTD / Accumulated outbound tourism +5,2% vs 2023 YTD
  • Inbound tourism from all neighboring countries (Brazil, Uruguay, Chile, Paraguay, Bolivia) -14% vs 2023 YTD
    • Inbound tourism from Brazil +11,5% vs 2023 YTD
  • Inbound tourism from US/ Canada +3,9% vs 2023 YTD
  • Inbound tourism from rest of Americas +21,4% vs 2023 YTD
  • Inbound tourism from Europe +11,3% vs 2023 YTD
  • Inbound tourism from rest of World +22,2% YTD
 
Even domestic tourism must be hurting these days. Twice I tried to plan out a trip to Bariloche and ended up choosing Chile instead. Lot's of people telling me about cheap vacations in Brazil right now. Tried booking the same hotel from our General Belgrano trip last year and it's nearly tripled in price. If last December looked slow there, I can't imagine how this December will look.
 
Even domestic tourism must be hurting these days. Twice I tried to plan out a trip to Bariloche and ended up choosing Chile instead. Lot's of people telling me about cheap vacations in Brazil right now. Tried booking the same hotel from our General Belgrano trip last year and it's nearly tripled in price. If last December looked slow there, I can't imagine how this December will look.
Yes, friends of friends (who live in Panama) are here, had wanted to make a trip to Bariloche (and it's out of season there now, no more snow, just lots of mud before it dries out in summer), and ended up canceling it because of the cost. They complained about the cost of everything here, from car rental to Don Julio. It's just an anecdote, but still...
 
I’m a “digital slowmad” of sorts and I was planning on staying in the city for around three months for some traditional Argentine guitar lessons (the reason I’m on this forum). I could afford it right now but with the uncertainty of the exchange rate and inflation I’m not willing to risk going broke. I know dirtbag low income nomads are the least popular people on earth so please spare me any internet contempt. I’m in Paraguay now. It’s hot and boring and super easy to live decently spending around 1000usd. Going to Brazil for a few months where I will be nervously checking the blue rate, the news and this forum every week or so.
 
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