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Home Travel In 2018, tourism was ranked as the fourth largest export sector in the country.

In 2018, tourism was ranked as the fourth largest export sector in the country.

An industry that continues to grow.

Travel
Tourism represented in 2018 8% of total exports of goods and services of the country, with an increase of 10% over 2017 ($5.4 billion dollars against $6 billion this year), which places the activity as the fourth export sector, according to sources of the Secretariat of Tourism of the Nation. "The total sum of revenues from domestic tourism and inbound tourism gives us an economic movement of $15 billion dollars, almost the total for soy exports, and we continue to project our growth with the goal of 9 million tourists by 2020," Tourism Secretary Gustavo Santos told Télam. During 2018, foreign exchange income in goods increased by 5.5%, while that generated by tourism almost doubled: 10%. Another of the economic indicators that characterized the activity during this year was the generation of employment: 1.1 million jobs belong to the activity, and it is estimated that in 2030 will increase by 300,000 new jobs. This figure correlates with the level of investments that have been made since the beginning of the current management: 71,000 million pesos from the private sector. "The completed works have already generated 14,000 jobs, while those in the process of concretion will incorporate another 35,000 people into the labor market," said Secretary Santos. This growth of the tourism sector, an activity qualified as State policy by the national government, was accompanied since the beginning of the year by the international public and private sectors, which chose Argentina to develop their most important congresses. In April, the G20 Tourism Ministers met in Buenos Aires and drafted a joint declaration focusing on the role of industry as an engine for employment worldwide. Also as a promotion of a strong growth -sustainable, balanced and inclusive- of the sector at a global level, base for decent work, sustained growth and the well-being of societies. In addition to the ministers, the invited States, representatives of the International Labour Organization (ILO), the World Tourism Organization (WTO) and the World Travel and Tourism Council (WTTC) endorsed the declaration. The day after that meeting, Buenos Aires hosted the World Travel and Tourism Council (WTTC) Summit Meeting, which was attended by more than 800 international industry and private sector leaders, 100 CEO´s from around the world and presidents from 29 countries. During the conference held at the Hilton Hotel, the most important leaders of the international public and private sectors put the technological advances related to the activity at the center of the debate. The meeting reflected the optimism of a sector such as tourism, which in 2017 represented 10.4% of world GDP and 9.9% of employment worldwide. The World Tourism Organization forecasts that in 2030 there will be 1.8 billion travelers and the International Air Transport Association forecasts that by that date 7.6 billion air tickets per year will be sold. Other statistics show that by 2028 the Travel and Tourism segment will generate 11.4% of the world's GDP and one in 9 jobs worldwide. The third great international meeting that had Argentina as its epicenter during 2018, was the Tourism and Technology Forum, organized by the Secretariat of Tourism of the Nation and the World Tourism Organization (WTO) in the CCK, brought together 30 ministers and officials of Tourism of America and more than 200 private entrepreneurs linked to the sector. The meeting served as a framework to raise the importance of the exchange of successful projects in the field of tourism and encourage culture in venture capital investment to provide solutions to the digital transformation in the sector. Within this framework, the first regional digital technology center for the Americas was inaugurated, a space of the UNWTO innovation network. The digital platform of Unidigital, a Spanish company based in Buenos Aires, will offer services, products and training in digital transformation and for the innovation of companies and entrepreneurs in tourism. "We are fully aware that tourism has definitively ceased to be the color note of the economy," Santos said. "Tourism has ceased to be the soft data in a space of hard data, an annex of the main items of production, a subheading in the league of the great decision makers of State policies," he said. Source: Télam

Publication Date: 21/12/2018

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