Less Brazilians arrive, the level of reserves for winter and high taxes are worried

Less Brazilians arrive, the level of reserves for winter and high taxes are worried

Reservations for the winter season do not rebound and concern among entrepreneurs linked to the tourism sector grows. As he could know ScopeThe theme was discussed this week between referents of the activity nucleated in different entities. High prices in dollars hit the influx of Brazilian tourists who choose other destinations. The emissive tourism grows and the receptive falls. June beat a new record of credit card expenses abroad. The government studies tax relief.

The current account deficit was more than US $ 5,100 million in the first quarter according to INDEC, while in the agreement with the IMF, the negative balance provided for that period was just US $ 2,700 million. The trips abroad greatly explained the leap of the deficit, consumed US $ 2,755 million above the income for the same item and the debate was reactivated for the fragility of the external sector.

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In May, the broadcasive tourism increased 48.9% year -on -year, while the receptive fell by 10.1%. “From the hand of exchange appreciation, this has no signs of modifying, on the contrary, it tends to get worse”indicates an Epyca Consultores report. Entrepreneurs in the sector share the diagnosis and are on alert for the low level of hotel reserves for the winter season.

For that period The arrival of tourists from Brazil is key, but expectations are not good. The neighboring country leads the fall of tourists that come to Argentina. According to INDEC data, at that specific point the decrease was 18.2%, while Uruguay fell at a rate of 14.1%and the rest of America to 12.5%.

”In the case of Brazil, something very particular is given, While we appreciate our currency, they depreciated itso the gap is even greater and we were very expensive in dollars, ”he explained to Scope A source of experience in the gastronomic and hotel sector.

The Government analyzes measures

This week, in various meetings, entrepreneurs put on the table the problem with the shared diagnosis that The winter season will not be good. Although in other sectors, the situation is heterogeneous. For example, Ushuaia, with a consolidated local audience and the visit of high competition delegations, manages good occupation figures, while other Patagonian destinations have reservations around 20%.

Entrepreneurs in the sector know that the exchange rate is not a variable that can claim the government, so they focus on the tax issue: “It is true that Our prices are high, but we must also compare the taxes paid by our competitors”, Launched a reference in the sector.

On this point, the businessman consulted recognized there is dialogue with the government and revealed that Secretary Daniel Scioli works on a differential VAT project for the sectoras other countries in the region have. The limitation remains the firm position of Javier Milei to take care of the fiscal balance.

Card expenses grow

In all cases What is perceived at the local level is an average expense lower than in other years by tourists and visitors. The quantity and quality of consumption lower, especially in gastronomy and recreation.

The opposite happens with the Argentines who travel abroad, According to data from economist Amílcar Collante, this month is emerging to be the highest dollar spending for June, above the previous brands of 2018 and 2017.

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To the Brazil phenomenon, with more than 1.5 million Argentines in the first two -month period of the year, next season will add a flight of flights to Miami. American Airlines already anticipated that between December and January will offer record programming up to four daily flights from Buenos Aires. The question asked in the market is what dollars the tourist red will be covered and what cost.

Source: Ambito

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