market information

Market Information

Knowing the environment that surrounds us is the key to make right decisions. Hotelga is a source of reliable and accurate information that will help you to plan actions and identify new directions to take.

Driving Development

The tourism industry's huge potential positions it as a strategic sector with great prospects for the upcoming years. From the standpoint of prominent government entities, it stands out as one of Argentina's main growth axes.

Hence, it is vital to propel the sector forward with a vision that advocates for investments centered on people, the planet, and prosperity through responsible tourism.

As per the survey conducted by the Ministry of Tourism and Sports of Argentina, there were over 6.5 million trips made by foreign tourists to Argentine destinations between January 1 and November 30, 2023.

According to the National Institute of Tourism Promotion (Inprotur), Argentina is one of the countries in Latin America experiencing a faster recovery in tourist income compared to the years before the pandemic.

Source: INDEC – Ministry of Tourism and Sports of Argentina - Inprotur

Buenos Aires: Strategic positioning

Buenos Aires: Puente de la mujer

In recent years, Buenos Aires has evolved into one of the most attractive markets for businesses due to its competitive costs, skilled and creative workforce, and modern communication infrastructure.

Buenos Aires is considered a leading city in the events and conventions segment. According to the International Congress and Convention Association (ICCA), the primary source of information on congresses worldwide, Buenos Aires claimed the top spot in Latin America for the 13th consecutive year, ranked as the 18th city with the most ICCA events globally, and was the only city in the Americas to be in the global top 20. Moreover, with 66 approved congresses, it is the Latin American city that hosted the highest number of congresses in 2022.

Outstanding gastronomic and hotel offerings position Buenos Aires as a highly attractive tourist destination. Accommodation options in the city range from well-known international chains to charming hostels and exquisite boutique hotels.

Dining in Buenos Aires is a unique experience. Options include neighborhood 'bodegones', globally renowned bars, and elegant restaurants. 

In that regard, in November 2023, Michelin announced 7 restaurants in Buenos Aires and Mendoza as winners of the prestigious stars and 71 mentions according to their historical essential criteria, including 7 green stars and 7 Bib Gourmand (for their value for money).

The awarded restaurants will be featured in the MICHELIN Guide in 2024 and 2025, providing an opportunity for the country to be globally recognized for its gastronomy.

Argentina is the first Spanish-speaking South American country to receive Michelin stars, which has a positive impact both regionally and internationally. Studies have shown that 84% of frequent travelers trust the guide's recommendations, and gastronomy enthusiasts choose travel destinations based on Michelin-starred restaurants.

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