Travel & Tourism in Argentina
Summary
Travel & 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.
- 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
- 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?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players in the industry?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the recent developments in the industry?
- 8 Company Profiles
- 8.1. Despegar.com Corp
- 8.2. Accor Hotels Argentina
- 8.3. LATAM Airlines Group SA
- 8.4. McDonald's Corp
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Argentina travel & tourism industry value: $ million, 2018-23
- Table 2: Argentina travel & tourism industry category segmentation: % share, by value, 2018-23
- Table 3: Argentina travel & tourism industry category segmentation: $ million, 2018-23
- Table 4: Argentina travel & tourism industry geography segmentation: $ million, 2023
- Table 5: Argentina travel & tourism industry value forecast: $ million, 2023-28
- Table 6: Despegar.com Corp: Key Facts
- Table 7: Despegar.com Corp: Annual Financial Ratios
- Table 8: Despegar.com Corp: Key Employees
- Table 9: Accor Hotels Argentina: Key Facts
- Table 10: Accor Hotels Argentina: Key Employees
- Table 11: LATAM Airlines Group SA: Key Facts
- Table 12: LATAM Airlines Group SA: Annual Financial Ratios
- Table 13: LATAM Airlines Group SA: Key Employees
- Table 14: McDonald's Corp: Key Facts
- Table 15: McDonald's Corp: Annual Financial Ratios
- Table 16: McDonald's Corp: Key Employees
- Table 17: McDonald's Corp: Key Employees Continued
- Table 18: Argentina Size of Population (million), 2019-23
- Table 19: Argentina Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 20: Argentina GDP (Current Prices, $ Billion), 2019-23
- Table 21: Argentina Inflation, 2019-23
- Table 22: Argentina Consumer Price Index (Absolute), 2019-23
- Table 23: Argentina Exchange Rate, 2018-23
- List of Figures
- Figure 1: Argentina travel & tourism industry value: $ million, 2018-23
- Figure 2: Argentina travel & tourism industry category segmentation: $ million, 2018-23
- Figure 3: Argentina travel & tourism industry geography segmentation: % share, by value, 2023
- Figure 4: Argentina travel & tourism industry value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the travel & tourism industry in Argentina, 2023
- Figure 6: Drivers of buyer power in the travel & tourism industry in Argentina, 2023
- Figure 7: Drivers of supplier power in the travel & tourism industry in Argentina, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Argentina, 2023
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Argentina, 2023
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Argentina, 2023
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