Travel and Tourism Services

An Expert's View about Travel, Tourism and Food Services in Argentina

Posted on: 11 Jul 2012

Summary

Historically, Argentines have traveled frequently to the United States. During 2011, 512,258 argentines visited the United States resulting in a 17.4% growth, during 2010 a 22% growth. Argentina ranks in the top 20 countries generating travel to the United States (excluding Canada and Mexico). According to the Commerce Department’s Bureau of Economic Analysis, it was estimated that 436,192 Argentines traveled to the United States during 2010, creating an economic impact of nearly US$ 2.47 billion, or US$ 4,820 per person (including airfare generated by U.S. carriers). The top Argentine destinations are New York City, Florida (Miami and Orlando), Washington DC and the state of California. The U.S. gateways are Atlanta, Dallas, Houston, Miami, and New York.

  Market Data: (Source: Office of Trade & Tourism, U.S. Dept. of Commerce - http://tinet.ita.doc.gov)

According to the Commerce Department’s Bureau of Economic Analysis, it was estimated that 512,258 Argentines traveled to the United States during 2011, creating an economic impact of nearly US$ 2.147 billion, or US$ 4,820 per person (including airfare generated by U.S. carriers). During 2011 512,258 argentines visited the United States resulting in a 17.4% growth and during 2010, 12% growth.

  The total amount of passengers to the United States has grown immensely in the past years. The growth during 2012 first months is very promising for the year’s projections.

  Key Suppliers/ Prospective Buyers

Argentines still request advice from their travel agent. Recently Argentines have become more comfortable with purchasing products off the Internet. The key buyers and suppliers are Wholesalers that supply the large network of retail travel agents throughout Argentina. There are a total of 3,850 retailers and more than 50% are in Buenos Aires and surrounding area.

  Market Demand/Best Prospects

Regardless of the purpose of their trip, Argentines take full advantage of tourist services and attractions when traveling. There are many sectors within the U.S. Travel & Tourism market that are best prospects and should be promoted in each destination.

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Posted: 11 July 2012

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