Paul Thomen

Tuesday 2 April 2013

Argentina Travel & Tourism Expected to Increase CAGR of 9.03 Percent to 2017

Travel and tourism in Argentina accounted for 10.5% of the national GDP and 9.9% of the country’s total employment in 2011. Both domestic tourism and the number of outbound departures have increased, due to an increase in overall spending power as the country’s economy continued to recover. A high inflation rate within the country and the steady exchange rate of Argentine Peso has also made it cheaper for Argentina’s residents to holiday abroad.

Domestic tourism to record healthy growth

The number of domestic tourists in Argentina in 2012 increased by 8.3% over 2011 figures, and total domestic tourist expenditure also grew by 11.8%. Key drivers of growth were the availability of extensive and low cost transport facilities, as well as the government’s efforts to promote domestic tourism. For example, to attract domestic tourists to the country’s coastal cities during the summer season, a new promotion campaign was launched in September 2012 which displayed a comparison between tourism facilities in Argentine seaside locations and similar options in Uruguay, Brazil and Chile.

Inbound tourism will grow at a steady pace

Inbound tourism in 2013 is expected to register an increase of 2.8% over 2012 figures. The largest number of tourists came from South and Central America, with Brazil and Chile being the main source countries.

The country’s rich cultural and geographical resources make it an attractive international tourist destination. The legalization of same sex marriage has also helped to increase tourism activity in the country. Argentina has excellent road, rail, information and communication infrastructure, as well as a number of international airports which provide efficient transportation facilities for between its neighbouring countries and other destinations worldwide.


Healthcare infrastructure to drive growth in medical tourism

Medical tourism is a new field in Argentina. It registered significant growth during the review period, and is expected to continue to grow over the forecast period. The key growth driver for Argentine medical tourism will be the country’s strong medical infrastructure, which ensures the availability of low cost yet efficient medical services. The broad range of treatments available, the quality and affordability of lodging for family members and the spas, resorts and natural springs which make pleasant recovery environments will also encourage medical tourists to choose Argentina as their country of destination.

Neighbouring countries are the major tourism importers and exporters

During the review period, the majority of inbound tourists to Argentina were from neighbouring nations in South and Central America such as Brazil, Chile, Paraguay and Uruguay. Europe is the other leading region in terms of number of visitors. Although the number of inbound tourists from Europe declined at a CAGR of 1.0% during the review period, the trend is expected to reverse during the forecast period (2013–2017) with inbound tourist volume from Europe increasing at a CAGR of 1.09%. Outbound travel to South and Central American nations is expected to experience growth at a CAGR of 9.03%, due Argentina’s geographical proximity and ease of travel.

Scope

This report provides an extensive analysis related to tourism demands and flows in Argentina:
- It details historical values for the Argentinean tourism sector for 2008-2012, along with forecast figures for 2013-2017
- It provides comprehensive analysis of travel and tourism demand factors with values for both the 2008-2012 review period and the 2013-2017 forecast period
- The report makes a detailed analysis and projection of domestic, inbound and outbound tourist flows in Argentina
- It provides employment and salary trends for various categories of the travel and tourism sector
- It provides comprehensive analysis of the airline, hotel, car rental and travel intermediaries industries with values for both the 2008-2012 review period and the 2013-2017 forecast period

Reasons To Buy

- Take strategic business decisions using historic and forecast market data related to the Argentinean travel and tourism sector
- Understand the demand-side dynamics within the Argentinean travel and tourism sector, along with key market trends and growth opportunities
- Identify the spending patterns of domestic, inbound and outbound tourists by individual categories
- Analyze key employment and compensation data related to the travel and tourism sector in Argentina


Table of Content

1 Executive Summary
2 Introduction
3 Market Overview
3.3.1 Key trends
3.3.2 Barriers to tourism
3.3.3 Tourist attractions
3.4.1 Overview of the tourism industry in Argentina
3.4.2 Strengths
3.4.3 Weaknesses
3.4.4 Opportunities
3.4.5 Threats
4 Tourism Economics in Argentina
4.1.1 Value of tourism
4.1.2 Output by category
4.1.3 Tourism balance of payments
4.1.4 Growth drivers
4.2.1 Tourism Output - Analysis
4.2.2 Tourism Output Data
4.4.1 Tourism Employment - Analysis
4.4.2 Tourism Employment Data
4.5.1 Tourism Compensation - Analysis
5 Domestic Tourism
5.1.1 Key trends
5.1.2 Barriers to tourism
5.1.3 Tourist attractions
5.2.1 Number of Trips and Overnight Stays
5.3.1 Total domestic tourist expenditure
5.3.2 Average expenditure per domestic tourist by category
6 Tourism Flows - Inbound Tourism
6.1.1 Key trends
6.1.2 Barriers to inbound tourism
6.1.3 Tourist attractions
6.3.1 Average international tourist expenditure by category
7 Tourism Flows - Outbound Tourism
7.1.1 Key trends
7.1.2 Barriers to tourism
7.1.3 Tourist attractions
7.2.1 Average overseas expenditure per resident by category
8 Tourism Board Profiles
9 Airport Profiles
9.1.1 Overview
9.1.2 Operator Profile
9.1.3 Routes
10 Airlines
10.1.1 Key trends
10.1.2 Market size and forecast
10.1.3 Growth drivers
10.2.1 Seats available
10.2.2 Seats sold by carrier type - business travel
10.2.3 Seats sold by carrier type - leisure travel
10.2.4 Load factor by carrier type
10.2.5 Passenger kilometers available by carrier type
10.2.6 Revenue-generating passenger kilometers by carrier type
10.2.7 Revenue per passenger by carrier type
10.2.8 Total revenue by carrier type
10.3.1 Leading operators
10.3.2 Major routes
10.3.3 Competitive strategy
10.4.1 Aerolíneas Argentinas S.A. - company overview
10.4.2 Aerolíneas Argentinas S.A. - main services
10.4.3 Aerolíneas Argentinas S.A. - key competitors
11 Car Rental
11.1.1 Market size and forecast
11.1.2 Key locations
11.1.3 Growth drivers
11.2.1 Market value by customer type and rental location
11.2.2 Fleet size
11.2.3 Rental occasions
11.2.4 Rental days
11.2.5 Average rental length
11.2.6 Utilization rate
11.2.7 Average revenue per day
11.3.1 Leading companies
11.3.2 Brand presence in key locations
11.3.3 Competitive strategy
11.4.1 Avis Car Rental Argentina - company overview
11.4.2 Avis Car Rental Argentina - main services
11.4.3 Avis Car Rental Argentina - key competitors
11.4.4 Avis Car Rental Argentina - key employees
11.5.1 Hertz Car Rental Argentina - company overview
11.5.2 Hertz Car Rental Argentina - main services
12 Hotels
12.1.1 Key trends
12.1.2 Market size and forecast
12.1.3 Key locations
12.1.4 Growth drivers
12.2.1 Establishments by hotel category
12.2.2 Available rooms by hotel category
12.2.3 Room occupancy rate by hotel category
12.2.4 Room nights available by hotel category
12.2.5 Room nights occupied by hotel category
12.2.6 Average revenue per available room by hotel category
12.2.7 Revenue per occupied room by hotel category
12.2.8 Total revenue per available room by hotel category
12.2.9 Total revenue by hotel category and customer type
12.2.10 Guests by hotel category and customer type
12.3.1 Leading operators
12.3.2 Brand presence in key locations
12.3.3 Competitive strategy
12.4.1 Starwood Hotels and Resorts Argentina - company overview
12.4.2 Starwood Hotels and Resorts Argentina - main services
12.4.3 Starwood Hotels and Resorts Argentina - key competitors
12.4.4 Starwood Hotels and Resorts Argentina - key employees
12.5.1 InterContinental Hotels Argentina - company overview
12.5.2 InterContinental Hotels Argentina - main services
13 Travel intermediaries
13.1.1 Key trends
13.1.2 Market size and forecast
13.1.3 Online vs. in-store
13.1.4 Growth drivers
13.2.1 Market value by product type
13.2.2 Online revenues by type of intermediary or provider
13.2.3 Online revenues by type of tourist
13.2.4 In-store revenues by type of intermediary
13.2.5 In-store revenues by type of tourist
13.2.6 Travel agent revenues from domestic tourism, by sales channel
13.2.7 Travel agent revenues from international tourism by sales channel
13.2.8 Tour operator revenues from domestic tourism, by sales channel
13.2.9 Tour operator revenues from international tourism, by sales channel
13.2.10 Other intermediaries revenues from domestic tourism, by sales channel
13.2.11 Other intermediaries revenues from international tourism by sales channel
13.3.1 Leading players
13.3.2 Competitive strategy
13.4.1 Say Hueque - company overview
13.4.2 Say Hueque - main services
13.4.3 Say Hueque - key competitors
13.4.4 Say Hueque - key employees
13.5.1 Oyikil Argentina - company overview

For more details contact Mr. Priyank Tiwari: sales@rnrmarketresearch.com / +18883915441
Website: http://www.rnrmarketresearch.com/

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