Travel & Tourism - Argentina

  • Argentina
  • Revenue in the Travel & Tourism market is projected to reach US$6.71bn in 2023.
  • Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 6.43%, resulting in a projected market volume of US$8.62bn by 2027.
  • The market's largest segment is Hotels with a projected market volume of US$3.92bn in 2023.
  • In the Hotels, the number of users is expected to amount to 20.0m users by 2027.
  • User penetration is 47.8% in 2023 and is expected to hit 58.0% by 2027.
  • The average revenue per user (ARPU) is expected to amount to US$302.70.
  • In the Travel & Tourism market, 80% of total revenue will be generated through online sales by 2027.
  • In global comparison, most revenue will be generated in the United States (US$190.40bn in 2023).
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