Argentina Tourism Q2 2020
Argentina, traditionally a relatively strong tourism destination, is set for steady visitor arrivals over the short-to-mediumterm. In 2020 we expect falling economic activity as well as rising inflation and a higher cost of credit to weigh on investment in thehotel sector. This will also force the government to pull back on its ambitious plans to develop domestic travel infrastructure in a bidto make rural areas more accessible. Many of the major hotel chains, already well established in the main cities, have expressed adesire to develop properties in these up-and-coming areas, but may well wait until planned infrastructure projects have beencompleted.
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