Gaucho Holdings Logo

Source: The Argentine Post
10.17.2010

The number of people visiting Argentina soared in August.

Around 233,000 people flew into Argentina in August. That’s up almost 71% from the same month a year ago, when the global economy was mired in a deep financial crisis.

That’s good news for hotels, restaurants, milongas and tango shows that cater to tourists. It’s good news in general for the entire economy.

While here, tourists spent around $287 million, up almost 82% from a year ago, the national statistics agency, INDEC, reported Friday.

The average tourist spent almost $103 day, up 36% from the previous year.

Brazilians spent the most per day ($192) while other Latin Americans spent $105. Chileans spent about $175 a day while Americans shelled out $98.

On average tourists stayed almost 12 days in Argentina. Brazilians remained here an average of almost six days while Europeans were here for almost 25.

Four out of 10 visitors to Argentina in August were Brazilian.

The number of Argentines who traveled outside the country rose 19% in August, indicating people may have more money to travel – or at least are more willing to spend it – than a year ago.

INDEC’s measurement is based on the number of non-resident visitors who arrive to the country via Ezeiza and Aeroparque airports.

External Link: Click here for full article.