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: 101 | Publication date: Sep 2008
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
Booming Industry?
Following the economic crisis, travel and tourism became one of the most dynamic industries in Argentina, behind only agriculture and oil. In 2007, both incoming and domestic tourism increased significantly due to a devalued peso and overall development of the Argentinean travel and tourism product. However, despite the positive results, it is worth noting that Argentina still has huge infrastructure (highways, airports, ports, and sanitation), technological (telecommunications and internet access) and legislative (informal market and labour rights) problems.
Chaotic Air Transportation
Although total tourist flows in Argentina have shown an upward trend since 2005, little has been done to respond to such increased demand for air travel, particularly after the entrance of low-cost carriers on the international scene and the popularisation of air travel later in the review period. In 2007, the situation worsened as the devalued peso further stimulated tourism flows and, consequently, air traffic in Argentina. Not surprisingly, problems within air transportation have escalated, forcing leading airlines to cut back on frequencies and discontinue unprofitable routes. The end result was a large number of stranded passengers in the main airports, numerous protests from airline employees, recurring flight delays/cancellations and a general lack of government action.
Targeted Tourism
All-inclusive, exclusive experiences are the latest trend in travel and tourism in Argentina. That explains why businesses have increasingly tailored products and services to better respond to the needs and wants of specific market niches. Not surprisingly, there are numerous vacation options available today ranging from wine and culinary tourism to adventure/extreme sports. Additionally, holidays offering cultural and religious opportunities enjoy an appeal outside the mainstream alongside unique agritourism or slow tourism experiences.
Sluggish On-line Sales
The lack of standardised payment platforms for internet transactions and the low penetration of credit cards in the country were the main factors behind sluggish internet sales over the review period. Consumer confidence with regard to the use of private information was another key factor keeping consumers from shopping on-line.
Between 2006 and 2007, on-line sales showed large increases as GOL revolutionised e-commerce with its new formula of marketing cheap air tickets via the web. This has led many other businesses to invest in e-commerce technology to enhance overall performance. This was most significant within air transportation, given that it accounts for the majority of on-line sales in Argentina.
Table of contents
TRAVEL AND TOURISM IN ARGENTINA : MARKET INSIGHT
EXECUTIVE SUMMARY
Booming Industry?
Chaotic Air Transportation
Targeted Tourism
Sluggish On-line Sales
KEY TRENDS AND DEVELOPMENTS
Economic Indicators
Legislative Environment
Turmoil in air transportation
Sustainable tourism
Consumer lifestyles
Low-cost carrier development
Emerging niche sectors
Internet developments
TERRORISM AND SECURITY
LEAVE ENTITLEMENT
CONSUMER DEMOGRAPHICS
Overview
Macroeconomic Recovery Favours Travel
Balance of Payments
MARKET INDICATORS
Table 1 Leave Entitlement: Volume 2005-2007
Table 2 Holiday Demographic Trends 2002-2007
Table 3 Holiday Takers by Sex 2002-2007
Table 4 Holiday Takers by Age 2002-2007
Table 5 Length of Domestic Trip: 2002-2007
Table 6 Length of Outbound Departure: 2002-2007
Table 7 Seasonality of Trips 2005-2007
MARKET DATA
Table 8 Balance of Tourism Payments: Value 2002-2007
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 2007
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 2007
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 2007
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 2007
TOURISM FLOWS INBOUND IN ARGENTINA
HEADLINES
TRENDS
COUNTRY OF ORIGIN
INBOUND DEMOGRAPHIC PROFILE
MODE OF TRANSPORT
PURPOSE OF VISIT
INCOMING TOURIST RECEIPTS BY COUNTRY
PROSPECTS
SECTOR DATA
Table 9 Arrivals by Country of Origin: 2002-2007
Table 10 Leisure Arrivals by Type 2005-2007
Table 11 Business Arrivals: MICE Penetration 2005-2007
Table 12 Arrivals by Method of Transport: 2002-2007
Table 13 Arrivals by Purpose of Visit: 2002-2007
Table 14 Incoming Tourist Receipts by Country: Value 2002-2007
Table 15 Tourism Expenditure by Sector: Value 2002-2007
Table 16 Method of Payments for Incoming Tourist Receipts: % Breakdown 2005-2007
Table 17 Forecast Arrivals by Country of Origin: 2007-2012
Table 18 Forecast Arrivals by Method of Transport: 2007-2012
Table 19 Forecast Arrivals by Purpose of Visit: 2007-2012
Table 20 Forecast Incoming Tourist Receipts by Country: Value 2007-2012
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 21 Departures by Destination: 2002-2007
Table 22 Leisure Departures by Type 2005-2007
Table 23 Business Departures: MICE Penetration % Breakdown 2005-2007
Table 24 Departures by Method of Transport: 2002-2007
Table 25 Departures by Purpose of Visit: 2002-2007
Table 26 Outgoing Tourist Expenditure by Country: Value 2002-2007
Table 27 Outgoing Tourist Expenditure by Sector: Value 2002-2007
Table 28 Method of Payments for Outgoing Tourism Spending: % Breakdown 2005-2007
Table 29 Forecast Departures by Destination: 2007-2012
Table 30 Forecast Departures by Method of Transport: 2007-2012
Table 31 Forecast Departures by Purpose of Visit: 2007-2012
Table 32 Forecast Outgoing Tourist Expenditure by Country: Value 2007-2012
TOURISM FLOWS DOMESTIC IN ARGENTINA
HEADLINES
TRENDS
DESTINATIONS
MODE OF TRANSPORT
PURPOSE OF VISIT
DOMESTIC TOURIST EXPENDITURE
PROSPECTS
Summary 10 Total Numbers of Hotels Available
SECTOR DATA
Table 33 Domestic Trips by Destination: 2002-2007
Table 34 Domestic Trips by Purpose of Visit and by Method of Transport: 2002-2007
Table 35 Domestic Tourist Expenditure: Value: 2002-2007
Table 36 Expenditure per Domestic Trip: 2002-2007
Table 37 Method of Payments for Domestic Tourism Spending: % Breakdown 2005-2007
Table 38 Forecast Domestic Trips by Purpose of Visit and by Method of Transport: 2007-2012
Table 39 Forecast Domestic Tourist Expenditure: Value: 2007-2012
TRAVEL ACCOMMODATION IN ARGENTINA
HEADLINES
TRENDS
HOTELS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 40 Travel Accommodation Sales by Sector: Value 2002-2007
Table 41 Travel Accommodation Outlets by Sector: Units 2002-2007
Table 42 Regional Hotel Parameters 2007
Table 43 Travel Accommodation by Sector: Number of Rooms 2002-2007
Table 44 Travel Accommodation by Sector: Number of Beds 2002-2007
Table 45 Travel Accommodation Internet Sales by Direct Suppliers and Intermediaries: Internet Transaction Value 2002-2007
Table 46 Hotel National Brand Owners by Market Share 2003-2007
Table 47 Hotels National Brand Owners by Key Performance Indicators 2007
Table 48 Forecast Travel Accommodation Sales by Sector: Value 2007-2012
Table 49 Forecast Travel Accommodation Outlets by Sector: Units 2007-2012
Table 50 Forecast Travel Accommodation Internet Sales by Direct Suppliers and Intermediaries: Internet Transaction Value 2007-2012
TRANSPORTATION IN ARGENTINA
HEADLINES
TRENDS
AIRLINES
PRIVATE JETS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 51 Transportation Sales by Sector: Value 2002-2007
Table 52 Airline Capacity: 2002-2007
Table 53 Airline Utilisation: 2002-2007
Table 54 Airline % Utilisation 2002-2007
Table 55 Airline Volume Sales by Seat Class: % Breakdown: 2002-2007
Table 56 Airline Volume Sales by Distance: % Breakdown: 2002-2007
Table 57 Transportation Internet Sales by Direct Suppliers and Intermediaries: Internet Transaction Value 2002-2007
Table 58 Airline Market Shares 2003-2007
Table 59 Airlines National Brand Owners by Key Performance Indicators 2007
Table 60 Forecast Transportation Sales by Sector: Value 2007-2012
Table 61 Forecast Transportation Internet Sales by Sector: Internet Transaction Value 2007-2012
CAR RENTAL IN ARGENTINA
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 62 Car Rental Sales by Sector and Location: Value 2002-2007
Table 63 Structure of Car Rental Market: 2002-2007
Table 64 Average Car Rental Duration by Sector 2004-2007
Table 65 Average Car Rental Duration: % Breakdown 2004-2007
Table 66 Time of Booking: % Breakdown 2005-2007
Table 67 Car Rental Internet Sales by Direct Suppliers and Intermediaries: Internet Transaction Value 2002-2007
Table 68 Car Rental Market Shares 2003-2007
Table 69 Car Rental National Brand Owners by Key Performance Indicators 2007
Table 70 Forecast Car Rental Sales by Sector: Value 2007-2012
Table 71 Forecast Car Rental Internet Sales by Sector: Internet Transaction Value 2007-2012
TRAVEL RETAIL IN ARGENTINA
HEADLINES
TRENDS
GROWTH SECTORS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 72 Travel Retail Outlets by Sector: Units 2002-2007
Table 73 Travel Retail Products Sales: Value 2002-2007
Table 74 Travel Retail Sales by Destination: % Value Breakdown 2002-2007
Table 75 Travel Retail Products Internet Sales by Direct Suppliers and Intermediaries: Internet Transaction Value 2002-2007
Table 76 Travel Retail Internet Sales by Sector: Internet Transaction Value 2002-2007
Table 77 Travel Retail Products Market Shares 2003-2007
Table 78 Travel Retail Products National Brand Owners by Key Performance Indicators 2007
Table 79 Forecast Travel Retail Outlets by Sector: Units 2007-2012
Table 80 Forecast Travel Retail Products Sales: Value 2007-2012
Table 81 Forecast Travel Retail Products Internet Sales by Direct Suppliers and Intermediaries: Internet Transaction Value 2007-2012
TOURIST ATTRACTIONS IN ARGENTINA
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 82 Tourist Attractions by Sector: Value 2002-2007
Table 83 Tourist Attractions by Sector: 2002-2007
Table 84 Leading Tourist Attractions by Visitors 2002-2007
Table 85 Forecast Tourist Attractions by Sector: Value 2007-2012
Table 86 Forecast Tourist Attractions by Sector: 2007-2012
HEALTH & WELLNESS TOURISM IN ARGENTINA
HEADLINES
TRENDS
PROSPECTS
SECTOR DATA
Table 87 Number of Hotel/Resort Spas: Units 2002-2007
Table 88 Spa Sales by Type: Value 2002-2007
Table 89 Spa Consumer Markets: Domestic Tourism 2005-2007
Table 90 Spa Consumer Markets: Arrivals 2005-2007
Table 91 Forecast Spa Sales by Type: Value 2007-2012