Travel & Tourism in Argentina
SummaryTravel & Tourism in Argentina industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Travel & tourism industry is segmented into passenger airlines, passenger rail, foodservice, hotels & motels, and travel intermediaries.
- The Argentinian travel & tourism industry recorded revenues of $14.0 billion in 2023, representing a negative compound annual growth rate (CAGR) of 7.9% between 2018 and 2023.
- The travel intermediaries segment accounted for the industry's largest proportion in 2023, with total revenues of $6.1 billion, equivalent to 43.4% of the industry's overall value.
- The contraction in Argentinian travel & tourism industry value is also attributed to the fall in travel and tourism spending. According to the World Travel & Tourism Council (WTTC), travel and tourism spending in the country fell by over 10.2% in 2023, as fewer international visitors travelled to the region and domestic tourists cut back on leisure spending.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Argentina
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Argentina
- Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Argentina travel & tourism market with five year forecasts
Reasons To Buy
- What was the size of the Argentina travel & tourism market by value in 2023?
- What will be the size of the Argentina travel & tourism market in 2028?
- What factors are affecting the strength of competition in the Argentina travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up Argentina's travel & tourism market?
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