PROSPECTS AND OPPORTUNITIES
Greater connectivity and more luxury orientated offer to boost the arrival of international tourists
The forecast period is expected to see experiential luxury record value growth in Argentina. The country is going through a period of strong economic contraction and experiencing a considerable need for US dollars, and tourism represents a potentially fast and effective way of achieving this goal.
Minor Hotels group opening new projects in the context of low priced properties
The number of luxury hotels planned for Argentina in the forecast period is low, due to the country's consistent instability in recent years and the constant changes in regulations that make players cautious about making long-term investments. Nonetheless, the real estate market offers numerous business opportunities with potential properties for building hotels at very low prices.
Argentine restaurants recognised by the Michelin Guide
Argentine cuisine is highly regarded worldwide, not only for the quality of its meats but also for the growth and sophistication it has experienced in recent years, with the country now providing a greater offer of luxury restaurants that attract both local and international consumers.
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Overview:
Understand the latest market trends and future growth opportunities for the Experiential Luxury industry in Argentina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Experiential Luxury industry in Argentina, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Experiential Luxury in Argentina report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Experiential Luxury in Argentina?
- Which are the leading brands in Experiential Luxury in Argentina?
- How are products distributed in Experiential Luxury in Argentina?
- How important is tourism in evaluating demand for Experiential Luxury in Argentina?
- How is the rise of e-commerce changing the retail and competitive landscape?
- How has COVID-19 and global recession impacted demand for luxury goods? What are the opportunities amidst the adversity?
- Where is future growth expected to be most dynamic?
Experiential Luxury in Argentina - Category analysis
KEY DATA FINDINGS
Fall in tourism due to rising prices in the country affects the luxury hotel segment in 2024
Casa Lucia, the first Único Hotels project outside Spain, opens in the luxurious neighbourhood of Recoleta
Large international groups have limited presence in luxury hotels in Argentina
Greater connectivity and more luxury orientated offer to boost the arrival of international tourists
Minor Hotels group opening new projects in the context of low priced properties
Argentine restaurants recognised by the Michelin Guide
Luxury Goods in Argentina - Industry Overview
Luxury goods in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
DISCLAIMER
The following categories and subcategories are included:
Experiential Luxury
- Luxury Foodservice
- Luxury Hotels
Experiential Luxury
This is an aggregation of Luxury Hotels and Luxury Foodservice.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Experiential Luxury research and analysis database.
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