The case of Buenos Aires Board 2017 Growth of tourism in and Buenos Aires City

International tourism to Argentina and Buenos Aires City From 2008 to 2017 (estimated). Arrivals through Ezeiza international airport and Aeroparque domestic and regional airport.

Million of Tourists > 2.7 In 2017 the tendency 2.4 of international arrivals

2.1 is changing.

1.8 Argentina CABA 1.5 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017F

Source: Encuesta de Turismo Internacional (ETI, INDEC). GGP

Share of the different economic activities in the GGP of the city in 2015. Percentage.

Real estate and business services 17.2 commerce 15.0 Financial services 11.7 Industry 10.7 > Public Administration 9.4 Transportation 8.1 There are 6.850 companies that Tourism 6.5 generate 6.5% of the GGP and Social security and health 6.0 Construction 4.8 employ 151.000 people. Education 4.6 Social services 4.2 Private domestic services 0.9 Agriculture and mining 0.8 Energy, gas and water 0.3 0 5 9 14 18

Source: Buenos Aires Tourism Board based on information provided by DGEC (2016) Employment

Number of employees in the tourism industry in March (2014-2017)

Thousands of jobs 160 148.8 150.4 152.7 153.1 140 34.5 35.0 36.8 36.2 120

100 33.8 34.8 33.8 34.1 80

60 65.6 64.9 65.9 67.1 40

20 14.9 15.7 16.2 15.7 0 Mar.-14 Mar.-15 Mar.-16 Mar.-17 Other servicies Transport Gastronomy Accommodation Source: SIPA - Anses Flight connections

Flight occupancy rate by region. 3rd quarter 2016 and 2017

Percentage of available seats 2016 2017 100 89.7 89.4 85.1 85.8 85 83.4 80.7 79.3 75.6 75.6 75.0 70.3 70 66.2

55

40 North Central South Rest of Overall America America America Europe the World average

Source: Buenos Aires Tourism Board based on information provided by the National Migration Office and Aeropuertos Argentina 2000

Flight connections

New flight routes and frequencies and estimated number of tourists 2017-2019

Frequency Airline City/Country Tourists estimated Weekly Annual Addis Ababa - Sao Paolo 4 208 18,273

Asunción - Montevideo 7 364 17,981

Belo Horizonte 7 364 15,716

Belo Horizonte 2 104 7,498

Brazil - Bolivia - Chile - Colombia - Ecuador - Peru 85 4,420 237,716

Source: Buenos Aires Toursim Board based on information provided by MINTUR

Flight connections

New flight routes and frequencies and estimated number of tourists 2017-2019

Frequency Airline City/Country Tourists estimated Weekly Annual

Lima - Santiago de Chile 12 624 32,941

Miami - Río de Janeiro - Sao Paolo - Shanghai 8 416 22,714

Punta del Este 1 52 454

Washington 7 364 18,353

Source: Buenos Aires Toursim Board based on information provided by MINTUR Flight connections

New flight routes and frequencies and estimated number of tourists 2017-2019

Frequency Airline City/Country Tourists estimated Weekly Annual Amsterdam 2 104 10,785 Auckland 2 104 7,740 Barcelona 3 156 7,950 London 4 208 15,490 Madrid 4 208 18,358 Rome 1 52 2,856 Rome 1 52 2,856 Zurich 4 208 23,596

Source: Buenos Aires Toursim Board based on information provided by MINTUR Flight connections

New flight routes and frequencies and estimated number of tourists 2017-2019

Weekly 154 Frequency Total Annual 8,008 Tourists estimated 461,277

Estimates for the period 2017-2019 since not all airlines begin operating in January 2018

Source: Buenos Aires Toursim Board based on information provided by MINTUR New connections

London Amsterdam Toronto Zurich New York Madrid Rome Barcelona

Addis Ababa Amazonas

Belo Horizonte Asunción Sao Paolo

Auckland What do we have in store for 2018? > Presence in 39 cities > Cities with largest year-on-year growth Barcelona, Spain Bogotá, Colombia Las Vegas, USA New York, USA London, England Santiago de Chile, Chile Shanghai, China Toronto, Canada > Countries with largest year-on-year growth China 21.3% 17.3% Paraguay 9.8% Colombia 8.4% Chile 5.1% Bolivia 4.2% Peru 3.2% Many thanks