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The increase in the exchange rate discouraged tourism abroad.
Tourism that chose to travel in Argentina grew 2.2% in January while those who did so abroad, especially to neighbouring countries, fell between 40% and 50% due to the exchange rate, according to preliminary data from the Argentine Confederation of Medium Enterprises (CAME).
The 12.4 million people who moved around the country in January, 2.2% more than in 2018, and generated direct spending of nearly $68 billion “boosted local development,” the entity reported.
“ For many destinations, the high exchange rate that discouraged travel abroad, especially to Brazil and Uruguay, and encouraged greater international arrivals, helped sustain the season,” he said in a report published on his website.
According to CAME, transfers to neighbouring countries had, according to preliminary studies, “a fall of between 40 and 50 per cent” and the 2.2% year-on-year increase in domestic movement was recorded especially in the “upper and upper middle-income sectors”.
The average stay was 4.3 days, with a daily disbursement of $1,278 and direct spending $67.933 million.
The season was divided into 5.8 million people who traveled in the first half of January, 1.9% more than in the same days last year, and 6.6 million who did so in the second half, 2.5% more than in 2018.
Among the preferences of the traveler, CAME highlighted the majority choice of beach areas (sea, river, streams), followed by the places of hot springs and mountains.
The report indicated that Argentina's coast, Cordoba, Mendoza, Iguazu Falls, Las Grutas and Bariloche were among the most sought after destinations.
“ Mar del Plata alone would have entered more than 1.2 million people in the month,” they said.
In Misiones, Puerto Iguazú was the main destination with an average occupancy of 92%, with a greater flow of foreigners.
Something similar happened in Mendoza, where high mountain and southern provincial were the busiest destinations, with an average occupancy of 75% compared to 69% in January 2018.
The January of Córdoba “lived with a good visitor movement”, where higher category and cost accommodations worked with high demand for tourism with greater purchasing power.
However, the report indicated that in that province the movement of accommodation destined for the class was more “cautious”.
The survey indicated that in Jujuy there was an average of 75% of hotel occupancy, with an increase in average spending and time of stay of visitors.
Patagonia “had a good January” for CAME, where destinations like Villa La Angostura and San Martín de los Andes achieved growth of between 1 and 3% yoy, although with sales that “remained slightly below.”
In Ushuaia, they said there was “a good flow of foreign tourists”, mainly contributed by large cruises that, according to local data, contributed with a year-on-year increase of 23%, exceeding 110,000 passengers.
CAME defined as “atypical” at the beginning of the year in Entre Ríos, due to the rainfall and flooding of the Uruguay, Paraná and Gualeguaychú rivers, with average occupations ranging between 85% in the hot springs of Concepción del Uruguay and the “delicate situation” of Concordia, where average occupation reached 40%.
Publication Date: 06/02/2019
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