Travel & Tourism in Argentina

October 2024 | 42 pages | ID: TA1788741A58EN
MarketLine

Abstracts

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.

Scope

• 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

Reasons to Buy

• 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?

Contents

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

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

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