Argentina: inflation having negative impact on tourism

The conclusion of the 38th Congress of Tourism and Travel agencies, AAAVYT found that tourism to Argentina is rapidly declining. The country is becoming increasingly expensive with inflation adding to the international financial crisis. According to the latest statistics, presented at the congress, the number of foreign tourists arriving in the city of Buenos Aires (by air) in the first four months of the year was 936,000 – 3.1% less than the same period a year ago. In April, the fall was 5.6%. The number of Brazilians, which have become the main source of tourists (30%), dropped 8.8% in April over a year ago. Read Article