U-20 World Cup Boosted Argentine Economy with $93 Million in Tourist Spending

During the 23 days that the U-20 World Cup lasted, 414,000 national and foreign visitors traveled just for the tournament to the main venues where the tournament was held, and they spent $93,713 million on accommodation, food, internal transportation , shopping and recreation, according to a report prepared by the Argentine Confederation of Medium Enterprises.

Although the cities that benefited the most were La Plata, Mendoza, San Juan and Santiago del Estero, venues for the competition, tourists did not stay only in those places but also traveled from there to other locations in the case of international travelers.

The numbers of the sector are broken down into 230,000 foreign tourists with an average stay of 7 days and a daily expense of $200 each, according to figures estimated by the national government.

Foreign visitors injected US$322 million, which is equivalent to $81,949 million. Added to this are the contributions made by FIFA in organizational expenses, which were another US$40 million.

During their stay in the country, foreigners made large outlays on clothing, footwear, leather goods, and jewelry, taking advantage of the exchange difference.

Tourists from abroad were joined by 184,000 locals, who, with the trigger of the youth contest, took advantage of traveling to watch the games and go sightseeing. Locals spent a daily average of $16,000, with an estimated stay of 4 days and a direct economic impact of $11,764 million. (with information from Telam)