Record: 3 million foreign tourists will arrive in Buenos Aires

Record: 3 million foreign tourists will arrive in Buenos Aires

As in other major cities in the world, tourism in Buenos Aires is positioned as a great economic revitalizer. Tourism represents 3% of the economy - with 3 billion dollars - and 23% of exports. It happens that the City of Buenos Aires received 1,465,025 foreign visitors only during the first half of the year. The best performance in 7 years. With these numbers, the local government projects that, by the end of 2019, 3 million tourists will have arrived in Buenos Aires.

There are many factors that help, and the cultural and gastronomic offer stand out, plus the improvement in air connectivity. The economic factor also influences. The devaluation of the peso lowered the cost for those who come with euros or dollars. Just to give an example: dining in one of the most valued restaurants in the world - recently awarded in an international ranking - can cost around us$ 100. Expensive for an Argentine, but not so much for an American or a European.

 According to official statistics, in this first semester, tourist spending amounted to 34,890 million pesos, 25% more than in 2018. On average, foreign tourists spend $ 900 on their stay. Most arrive from Brazil and the rest of America. And in the first half of this year the amount of Chilean arrivals increased by 28%, while the European market grew by 13%.

An option highly valued by tourists - and neighbors, especially on weekends - is the Tourist Bus. Another option that grows in Buenos Aires is the so-called “academic tourism”: in 2017, the City received 80,000 students who left more than $ 10,000 million. The figure includes about $ 9,902.8 million that international students spend on accommodation, university fees, transportation and leisure. Buenos Aires is considered by the QS Best Student Cities Ranking as the best in Latin America to study.

Patrick Spargur

Client Coordination Manager at Bridge Counseling / Co-founder Project 150

5 年

The exchange rate should be in their favor! #asado?#vino?#tango?

Robert van Arnhem

Representante na America Latina

5 年

Congrats

Claudio Aquino

Asesor legal con especialización en PYMES, SINDICATOS Y OBRAS SOCIALES.

5 年

Consecuencia directa de la eficaz apertura al mundo....

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