International tourism in May plunged 15% from the same month a year ago, making this the eight consecutive annual decline since October.
Last month’s numbers were also bad, but they were tempered by news that outbound tourism was up almost 17% as more Argentines travelled abroad. That wasn’t the case in May because the number of Argentines who left the country fell 5.2% on the year.
The number of visitors to Argentina fell to 151,054 in May, compared with 177,617 a year ago.
While here, tourists spent around $185 million, down almost 25% from a year ago, the national statistics agency, INDEC, reported Wednesday.
In May the average tourist spent about $80.5 day, about 12% less than a year ago.
INDEC didn’t give detailed country-by-country spending data as it has in previous reports.
The average tourist stayed in the country for about 15 days, up 4.5% from a year ago.
*Tourism brings in about $4 billion annually to the Argentine economy, according to official estimates.INDEC’s measurement is based on the number of visitors who arrive to the country via Ezeiza, or EZE, the airport located outside Buenos Aires. About half of the country’s tourists arrive through EZE.