Travel And Tourism in Argentina
Euromonitor International's Travel And Tourism in Argentina report offers a comprehensive guide to the market at a national level. It looks at travel accommodation, transportation, car rental, tourist attractions and retail travel. It identifies the leading companies and offers strategic analysis of key factors influencing the market, including background information on disposable income, annual leave and holiday taking habits.
Buy online to access strategic market analysis and an interactive statistical database of market size data for travel accommodation, transportation, car rental, travel retail, tourism attractions and health and wellness tourism, tourism inflows and outflows, tourism spending and company and brand shares.
Tables: 99 | Publication date: Jul 2009
Why buy this report
- Get insight into trends in market performance
- Pinpoint growth sectors and identify factors driving change
- Identify market and brand leaders and understand the competitive environment
Product coverage
Car rental; Demand factors; Health & wellness tourism; Tourism flows domestic; Tourism flows inbound; Tourism flows outbound; Tourism receipts and expenditure; Tourist attractions; Transportation; Travel accommodation; Travel retail
Executive summary
Growth in travel and tourism slows in 2008
Global financial and economic crisis, and internal domestic issues such as rural protests and high inflation in the first part of 2008, had a negative impact on the travel and tourism industry, slowing growth in terms of both trips and spending. Furthermore, Argentina still has huge infrastructure (highways, airports, ports and sanitation), technological (telecommunications and internet access) and legislative (informal market and labour rights) problems which constrain the potential development of the industry.
Economic slowdown impacts incoming tourist receipts
According to the Federación Empresaria Hotelera Gastronómica de la República Argentina (Gastronomy and Hotels Federation of the Argentine Republic) and the Asociación de Hoteles, Restaurantes, Confiterías y Cafés (Hotels, Restaurants and Bars Association), reservations have been falling since the third quarter of 2008 as a result of the global financial and economic crisis. Accommodation and restaurant reservations fell drastically in Buenos Aires city during this period, and both associations predict that the decline will continue in 2009. The first cancelled reservations were from tourists from Brazil, followed by Spain and the US. Shorter notice in making reservations indicates that tourists are waiting until the last moment to determine whether they will travel or not.
Aerolineas Argentinas is on its way to State control
On 3 September 2008, the Senate voted to authorise the federal government to “rescue” Aerolineas Argentinas and Austral. The law is vague, however, and does not outline the final cost of the operation and who will ultimately be responsible for the debt of US$890 million. At present, Aerolineas Argentinas and Austral are managed by a transition council, with the participation of the Argentinean government. The government and Marsans Group are still in negotiation over the price of the airline.
Multinational hotel chains expand in the major cities
Argentina is quickly positioning itself as a luxury destination for leisure and business travellers. International hotel chains such as Starwood Hotels & Resorts Worldwide Inc, Accor Group and Hilton Hotels Corp are making large investments in the country, and South America in general, as a way to diversify away from the US, especially in a time of crisis. One of the most important focuses is on business travel. Most of the projects are located in Buenos Aires city, Patagonia and Mendoza, according to information from the Secretaria de Turismo de la Nacion (National Tourism Office).
High airline prices and inflation will force many Argentineans to stay at home
During 2008, there were two price increases for domestic airline tickets authorised by the federal government, with a total increase of 40%. In addition, inflation reduced the purchasing power of Argentineans, with real rates of more than 20% in 2008. Expected rates for 2009 are far higher than the official government figure of 8% estimated in the National Budget 2009. Higher airline prices and rising inflation will force domestic tourists to either stay at home or take shorter trips closer to home during the forecast period 2008-2013.
Table of contents
TRAVEL AND TOURISM IN ARGENTINA : MARKET INSIGHT
EXECUTIVE SUMMARY
Growth in travel and tourism slows in 2008
Economic slowdown impacts incoming tourist receipts
Aerolineas Argentinas is on its way to State control
Multinational hotel chains expand in the major cities
High airline prices and inflation will force many Argentineans to stay at home
KEY TRENDS AND DEVELOPMENTS
Economic Indicators
Legislative Environment
Aerolineas Argentinas re-nationalised
Government tourism policy
Sustainable Tourism
Consumer Lifestyles
Low Cost Carriers
Emerging Niche Sectors
Internet Developments
TERRORISM AND SECURITY
LEAVE ENTITLEMENT
CONSUMER DEMOGRAPHICS
BALANCE OF PAYMENTS
MARKET INDICATORS
Table 1 Leave Entitlement: Volume 2005-2008
Table 2 Holiday Demographic Trends 2003-2008
Table 3 Holiday Takers by Sex 2003-2008
Table 4 Holiday Takers by Age 2003-2008
Table 5 Length of Domestic Trips: 2003-2008
Table 6 Length of Outbound Departure: 2003-2008
Table 7 Seasonality of Trips 2005-2008
MARKET DATA
Table 8 Balance of Tourism Payments: Value 2003-2008
DEFINITIONS
Tourism parameters
Travel accommodation
Transportation
Car rental
Travel retail
Tourist attractions
Health and wellness
Internet sales
Internet sales: dynamic packaging
Internet sales: traditional package holiday
Summary 1 Research Sources
LOCAL COMPANY PROFILES - ARGENTINA
AEROLINEAS ARGENTINAS SA - TRAVEL AND TOURISM - ARGENTINA
STRATEGIC DIRECTION
KEY FACTS
Summary 2 Aerolineas Argentinas SA: Key Facts
COMPANY BACKGROUND
COMPETITIVE POSITIONING
Summary 3 Aerolineas Argentinas SA: Competitive Position 2008
ASATEJ SRL - TRAVEL AND TOURISM - ARGENTINA
STRATEGIC DIRECTION
KEY FACTS
Summary 4 Asatej Group SRL: Key Facts
COMPANY BACKGROUND
COMPETITIVE POSITIONING
Summary 5 Asatej Group SRL: Competitive Position 2008
HERTZ ANNIE MILLET RENT A CAR SA - TRAVEL AND TOURISM - ARGENTINA
STRATEGIC DIRECTION
KEY FACTS
Summary 6 Hertz Annie Millet Rent A Car SA: Key Facts
COMPANY BACKGROUND
COMPETITIVE POSITIONING
Summary 7 Hertz Annie Millet Rent A Car SA: Competitive Position 2008
HOTELES SHERATON DE ARGENTINA SAC - TRAVEL AND TOURISM - ARGENTINA
STRATEGIC DIRECTION
KEY FACTS
Summary 8 Hoteles Sheraton de Argentina SAC: Key Facts
COMPANY BACKGROUND
COMPETITIVE POSITIONING
Summary 9 Hoteles Sheraton de Argentina SAC: Competitive Position 2008
TOURISM FLOWS INBOUND IN ARGENTINA
HEADLINES
TRENDS
COUNTRY OF ORIGIN
INBOUND DEMOGRAPHIC PROFILE
MODE OF TRANSPORT
PURPOSE OF VISIT
CITY ARRIVALS
INCOMING TOURIST RECEIPTS BY COUNTRY
PROSPECTS
SECTOR DATA
Table 9 Arrivals by Country of Origin: 2003-2008
Table 10 Leisure Arrivals by Type 2005-2008
Table 11 Business Arrivals: MICE Penetration 2005-2008
Table 12 Arrivals by Method of Transport: 2003-2008
Table 13 Arrivals by Purpose of Visit: 2003-2008
Table 14 Incoming Tourist Receipts by Country: Value 2003-2008
Table 15 Tourism Expenditure by Sector: Value 2003-2008
Table 16 Method of Payments for Incoming Tourist Receipts: % Breakdown 2005-2008
Table 17 Forecast Arrivals by Country of Origin: 2008-2013
Table 18 Forecast Arrivals by Method of Transport: 2008-2013
Table 19 Forecast Arrivals by Purpose of Visit: 2008-2013
Table 20 Forecast Incoming Tourist Receipts by Country: Value 2008-2013
Table 21 International arrivals by city 2007/2008
TOURISM FLOWS OUTBOUND IN ARGENTINA
HEADLINES
TRENDS
DESTINATIONS
OUTBOUND DEMOGRAPHIC PROFILE
MODE OF TRANSPORT
PURPOSE OF VISIT
OUTGOING TOURIST EXPENDITURE BY COUNTRY
PROSPECTS
SECTOR DATA
Table 22 Arrivals by Country of Origin: 2003-2008
Table 23 Leisure Arrivals by Type 2005-2008
Table 24 Business Arrivals: MICE Penetration 2005-2008
Table 25 Arrivals by Method of Transport: 2003-2008
Table 26 Arrivals by Purpose of Visit: 2003-2008
Table 27 Incoming Tourist Receipts by Country: Value 2003-2008
Table 28 Tourism Expenditure by Sector: Value 2003-2008
Table 29 Method of Payments for Incoming Tourist Receipts: % Breakdown 2005-2008
Table 30 Forecast Arrivals by Country of Origin: 2008-2013
Table 31 Forecast Arrivals by Method of Transport: 2008-2013
Table 32 Forecast Arrivals by Purpose of Visit: 2008-2013
Table 33 Forecast Incoming Tourist Receipts by Country: Value 2008-2013
TOURISM FLOWS DOMESTIC IN ARGENTINA
HEADLINES
TRENDS
DESTINATIONS
MODE OF TRANSPORT
PURPOSE OF VISIT
DOMESTIC TOURIST EXPENDITURE
PROSPECTS
SECTOR DATA
Table 34 Domestic Trips by Destination: 2003-2008
Table 35 Domestic Trips by Purpose of Visit and by Method of Transport: 2003-2008
Table 36 Domestic Tourist Expenditure: Value: 2003-2008
Table 37 Method of Payments for Domestic Tourism Spending: % Breakdown 2005-2008
Table 38 Forecast Domestic Trips by Purpose of Visit and by Method of Transport: 2008-2013
Table 39 Forecast Domestic Tourist Expenditure: Value: 2008-2013
TRAVEL ACCOMMODATION IN ARGENTINA
HEADLINES
TRENDS
HOTELS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 40 Travel Accommodation Sales by Sector: Value 2003-2008
Table 41 Travel Accommodation Outlets by Sector: Units 2003-2008
Table 42 Travel Accommodation by Sector: Number of Rooms 2003-2008
Table 43 Regional Hotel Parameters 2008
Table 44 Travel Accommodation Sales: Internet Transaction Value 2003-2008
Table 45 Hotel National Brand Owners by Market Share 2004-2008
Table 46 Hotels National Brand Owners by Key Performance Indicators 2008
Table 47 Forecast Travel Accommodation Sales by Sector: Value 2008-2013
Table 48 Forecast Travel Accommodation Outlets by Sector: Units 2008-2013
Table 49 Forecast Travel Accommodation Sales: Internet Transaction Value 2008-2013
Table 50 Hotel Performance in Argentina 2007/2008
TRANSPORTATION IN ARGENTINA
HEADLINES
TRENDS
AIRLINES
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 51 Transportation Sales by Sector: Value 2003-2008
Table 52 Airline Capacity: 2003-2008
Table 53 Airline Utilisation: 2003-2008
Table 54 Airline Passengers Carried by Distance: % Breakdown: 2003-2008
Table 55 Transportation Sales: Internet Transaction Value 2003-2008
Table 56 Airline Market Shares 2004-2008
Table 57 Airlines National Brand Owners by Key Performance Indicators 2008
Table 58 Forecast Transportation Sales by Sector: Value 2008-2013
Table 59 Forecast Transportation Sales: Internet Transaction Value 2008-2013
CAR RENTAL IN ARGENTINA
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 60 Car Rental Sales by Sector and Location: Value 2003-2008
Table 61 Structure of Car Rental Market: 2003-2008
Table 62 Average Car Rental Duration by Sector 2004-2008
Table 63 Average Car Rental Duration: % Breakdown 2004-2008
Table 64 Time of Booking: % Breakdown 2005-2008
Table 65 Car Rental Sales: Internet Transaction Value 2003-2008
Table 66 Car Rental Market Shares 2004-2008
Table 67 Car Rental National Brand Owners by Key Performance Indicators 2008
Table 68 Forecast Car Rental Sales by Sector and Location: Value 2008-2013
Table 69 Forecast Car Rental Sales by Sector: Internet Transaction Value 2008-2013
TRAVEL RETAIL IN ARGENTINA
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
GROWTH SECTORS
PROSPECTS
SECTOR DATA
Table 70 Travel Retail Outlets by Sector: Units 2003-2008
Table 71 Travel Retail Products Sales: Value 2003-2008
Table 72 Travel Retail Sales by Destination: % Value Breakdown 2003-2008
Table 73 Travel Retail Online Sales by Sector: Internet Transaction Value 2003-2008
Table 74 Travel Retail Products Market Shares 2004-2008
Table 75 Travel Retail Products National Brand Owners by Key Performance Indicators 2008
Table 76 Forecast Travel Retail Outlets by Sector: Units 2008-2013
Table 77 Forecast Travel Retail Products Sales: Value 2008-2013
Table 78 Forecast Travel Retail Online Sales by Sector: Internet Transaction Value 2008-2013
TOURIST ATTRACTIONS IN ARGENTINA
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 79 Tourist Attractions Sales by Sector: Value 2003-2008
Table 80 Tourist Attractions Visitors by Sector: 2003-2008
Table 81 Tourist Attractions Sales: Internet Transaction Value 2003-2008
Table 82 Leading Tourist Attractions by Visitors 2003-2008
Table 83 Forecast Tourist Attractions Sales by Sector: Value 2008-2013
Table 84 Forecast Tourist Attractions Visitors by Sector: 2008-2013
Table 85 Forecast Tourist Attractions Sales: Internet Transaction Value 2008-2013
HEALTH & WELLNESS TOURISM IN ARGENTINA
HEADLINES
TRENDS
PROSPECTS
SECTOR DATA
Table 86 Number of Hotel/Resort Spas: Units 2003-2008
Table 87 Health & Wellness Tourism Sales by Type: Value 2003-2008
Table 88 Spa Consumer Markets: Domestic Tourism 2005-2008
Table 89 Spa Consumer Markets: Arrivals 2005-2008
Table 90 Forecast Health & Wellness Tourism Sales by Type: Value 2008-2013