This is a best prospect industry sector for this country. Includes a market overview and trade data.
Last Published: 4/17/2016
Overview
Travel and Tourism Services Industry Statistics - Argentina
T
raveling is part of the Argentine lifestyle, and the United Sates is a popular travel destination for both business and pleasure. Based on recent figures travel to the U.S. Argentina has grown double digit numbers in the past years (2005 – 2013). During 2014 684.727 (-0.2 percent) Argentines traveled to United States. Statistics show decrease in the months of March, June (Soccer World Cup) and December 2014 compared to same months in 2013.  It is important to note that all Argentines must pay a 35 percent surcharge on all purchases in foreign countries, including all travel services.
 
The Commerce Departments Bureau of Economic Analysis estimates that Argentines spend US$ 5,000 per person on travel expenses to the U.S. (including airfare generated by U.S. carriers). Increased visitation and elevated spending come as good news for travel agents, air carriers, hotel managers, and many other travel service providers.
 
The number of travelers varies depending on the season.  Peak travel times tend to be during the summer holidays (December to February) and winter school holidays (July). However, some choose to travel during the week of September 21st, as many children receive a spring holiday then in addition to their other times off. The only requirement before entering the United States in addition to a valid passport is to obtain a visa.

Sub-Sector Best Prospects
 
New tourism destinations are being actively promoted at the major industry shows, and the business travel sector experienced substantial growth last year, as many Argentines are visiting trade shows and congresses in a wide variety of industry sectors.  United Airlines is to incorporate a larger airplane to its Houston service and American Airlines begins Boeing 787 Dreamliner service to DFW on July 4th.
 
Opportunities
 
The top destinations frequently visited by Argentines are Florida (especially Miami and Orlando), New York City, California, and Washington D.C. The U.S. gateways are Atlanta, Dallas, Houston, Miami, and New York. Aerolíneas Argentinas has announced plans to fly to Chicago, Denver, and Detroit, but the date of implementation is uncertain.


Web Resources

For additional information on this industry, including market analysis, trade events, contacts, and the products and services that the U.S. Commercial Service can provide to help you succeed in the Argentine market, please contact Diana Brandon, Industry Specialist at Diana.Brandon@trade.gov or (54-11) 5777-4550 and/or visit http://www.buyusa.gov/argentina/en.



Argentina Travel and Tourism Trade Development and Promotion