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Source Market Insights; Argentina
Publication Date May 2015
Product Type Report
Pages 19
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Summary
Source Market Insights: Argentina provides an overview of the Argentine outbound market, analyzing market data and providing insights. This report provides a better understanding of the number of Argentine tourists going abroad, their spending habits, and the main destination markets

Key Findings
- International departures from Argentina have gone through a turbulent period in the last five years. In 2011, the economy grew by 8.6%, reflected in the number of international departures, which increased by 26%. However, outbound tourism received a major setback after President Cristina Fernandez's re-election in October 2011 as she tightened exchange controls

- After registering impressive growth in 2010, 2011, and 2012, outbound expenditure declined over the last two years. The decrease was caused by the introduction of a new tax system for purchasing abroad, which made going abroad increasingly more expensive

- Brazil is the largest destination market for Argentines, accounting for 23.7% of the total outbound trips in 2014. Due to Argentina's high inflation rate, Argentines increasingly prefer to convert their money into dollars and Uruguay has emerged as a popular destination for this purpose

Synopsis
- The report provides detailed market analysis, information, and insights, including:

- Historic and forecast tourist volumes covering the entire Argentine outbound tourism sector

- Detailed analysis of the mode of transport preferred for outbound trips

- Detailed analysis of the market trends in the Argentine outbound tourism sector

Reasons To Buy
- Make strategic business decisions using historic and forecast market data related to the Argentine outbound tourism sector
- Understand the key market trends and growth opportunities in the Argentine outbound tourism sector, along with key trends and growth opportunities


Companies Mentioned

Argentina outbound tourism, Trips by Argentine residents, Outbound tourism, Argentina travel and tourism

Snapshot
Outbound Trips by Purpose
Outbound Spending
Mode of Transport
Main Destination Markets
Destination Focus; Brazil
Destination Focus; Uruguay
Visa Policies
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