Argentina just doesn’t seem as attractive to foreign visitors as it once did. That trend continued in July, when the number of tourists coming into the country fell by 2.6 percent to 188,400, according to statistics released yesterday by the Indec. In contrast, the number of Argentine tourists traveling internationally soared 22 percent to 1.98 million. Now, the increased relative value of the peso is making tourism in Argentina an expensive proposition, particularly when compared to other destinations in Latin America. On the plus side, Brazil still seems to love us more than any other country, despite its well-known economic woes, accounting for 35.5 percent of all tourists who arrived in Argentina in July.
Source: The Bubble September 09, 2016 17:03 UTC