Tourists are cashing in on Argentina’s economic woes

Friday, April 12th 2019 - 21:17 UTC

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International travelers are flocking to Argentina, taking advantage of the poorly performing peso to boost the value of their holiday spending money, according to latest data.

Bookings for March to May are ahead 11.2% compared to last year. For South America as a whole, bookings are ahead 5.8%.

In the preceding year to February, international arrivals in Argentina were up 3.9%, compared to 5.5% for the entire region.

Heading the list is Uruguay with bookings ahead 34.3% on last year, for travel between March and May. The UK is showing a strong 33.5% growth for the same period. (eTN)

Categories: Economy, Politics, Tourism, Argentina, Latin America, Uruguay.

Tags: Argentina, Argentina tourism, Argentine economy, Argentine Peso exchange.

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Enrique Massot
Who knew?

President Mauricio Macri's economic policies are just about prompting a new economic boom: the emergence of international tourism flocking to Argentina.

Forget about local industry, forget about promotion of domestic know-how or any attempts to export anything -- besides crops and meat. The future is represented by hotels, cruises, tourism guides, tango bars and sex workers.

With a little bit of chance, the unemployed, the retirees and striking school teachers will now recognize the value of the transformations undertaken by the Cambiemos government and vote again for Macri in October.

Never underestimated neocons' sharp, if hidden, qualities.
Apr 14th, 2019 - 07:06 pm -1

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