According to a private report, Argentines favor local destinations because international destinations were affected by the devaluation and tax increases.
This summer 2024 has a dissimilar behavior according to the places chosen by the Argentines. According to a report prepared by Focus Market for the Naranja X Financial Education Blog, increases for local destinations average 250% year-on-year. Bariloche is an example where the increase responds to the strong demand from international tourism, especially from Brazil. However, the international destinations became more expensive up to 579% annually as a result of the devaluation of the dollar official added to taxes and other perceptions.
“The summer tourism season In Argentina it has a dual behavior. On the one hand, Argentines who had advanced reserves in different parts of the country, and faced with a high exchange rate, find themselves local destinations the best option compared to the cost of transfer and stay abroad. At the same time, our country becomes a beacon for the receptive tourism Buenos Aires being one of the 10 cities in the world with the highest level of online accommodation searches. Therefore, a lot of tourism from neighboring and international countries is expected this summer,” said Damián Di Pace, Director of the consulting firm Focus Market.
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Tourism: which are the destinations most chosen by Argentines
Among the destinations most chosen by Argentines are:
- Buenos Aires: Chapadmalal, Mar del Plata, Villa Gesell and Pinamar
- Cordova: Carlos Paz
- Mendoza: Luján de Cuyo, Cracras de Coria
- Missions: Puerto Iguazú
- Black river: Bariloche
- Santa Cruz: El Chaltén, El Calafate
- Land of Fire: Ushuaia
- Brazil: Florianópolis, Rio de Janeiro, Buzios, Bombinhas.
- USA: Miami, New York.
- Spain: Madrid
Summer 2024: weekend getaways grow
As reported by Focus Market, the prices of necessary products for the summer basket They are above inflation, averaging increases of 261%. At the same time, Argentines’ preference for weekend getaways was mentioned. The average spending projection is $38,600 per person.
“It is an alternative widely used by Argentines who cannot go on vacation for a long time because they are self-employed or because they postpone their vacation de longer duration to face the loss of current purchasing power in its spending level,” said Di Pace.
Source: Ambito
