Changes in exchange policy and inflation also have an impact when making vacation plans. There are hotels and private accommodations that work with the national public and in local currency that are not taking reservations beyond August, unless canceled the total of the reservation in advance in dollars.
“Given the uncertainty of our country, for the moment and until further notice, we will only take reservations until August 31, 2022″, is the sign that can be read today, for example, on the page of the Termas de Cacheuta hotel, in Mendoza. And it’s not the only one.
“Nobody goes on sale beyond 60 days. If you sell in December at a fixed price in pesos, you do not pay the costs. It is a reality that in this exchange rate instability, people do not take reserves as long as they are not paid in full. And even so, it is at a loss due to inflation, unless it is in dollars. It’s pretty unfriendly,” he told THE NATION Roberto Rodríguez, president of the Chamber of Tourism of the province of Buenos Aires.
“If you look, there are no pre-sale proposals beyond winter holidays anywhere, except for non-traditional destinations. Or in destinations tied to foreigners and the dollar. The summer presale did not come out. It’s very slow. It also comes slow on the coast for the winter holidays. It does not exceed 60%,” Rodríguez said.
And he added: “Reservations for the summer are very difficult to plan: now it is about canceling everything or updating subject to the MEP dollar or another indicator. He is very unfriendly. People are limited to doing long-term presales. For example, deferred payments do not know what interest to put or whether to subject them to the MEP dollar. You cannot put 30% and be left with a 70% gap. On the other hand, the passages outside already have a load of 82%”.
From the Association of Tourism Hotels, Roberto Amengual told LA NACION: “The provision on rates and future sales is a commercial decision of each establishment. Depending on their financial capacity and commercial strategy, each one will define which is the best way to survive the current fluctuations”.
“There are many inputs for the hotel industry that are imported (from refrigerators, thermo-mechanical systems to condition the temperature of environments, to management systems). And unfortunately, it not only increases due to the exchange rate and the rise in taxes, but also due to the inflation that is experienced in dollars. Rates are generally set in pesos and for sale through international portals such as booking and despegar, they are converted into dollars. But the official dollar is lagging behind inflation, which makes pricing difficult too,” he explained.
Regarding reservations beyond August, he said: “It can be very difficult to collect so far in advance. This income must cover future costs (those that exist at the time the stay is executed) that have a fluctuating and always ascending behavior that, at times has expected increases and, at others, increases difficult to face, which puts in risk the point of economic balance of the establishment.
For Diego Patrón Costas, a member of the Association of Tourism Hotels of Salta, the new government measures regarding the change for tourism create a lot of uncertainty and impact costs. “It can generate more national tourism reserves because the tourist dollar rises and makes it more difficult to travel abroad, but it also makes people seek refuge in other things such as bricks or square meters. Receptive tourism can grow, but the exchange rate gap encourages informality and we all know that it is not what this country needs”.
From La Merced del Alto, in Cachi, Patrón Costas considered: “Having future reserves is the only factor of predictability that we can count on.”
In your case, reserves remain standing beyond 60 days. In the north there are good expectations for this winter because the sales were registered three months ago, he clarified. “The reservations are made fixed on rates governed by the value of the dollar at today’s exchange rate, even when they are in the future. That happens in general, but there are those who readjust if they sell in pesos”, he said.
From Tierra del Fuego the outlook is more encouraging than in the Province of Buenos Aires for these winter holidays, but it is equally worrying in the medium and long term. “It causes us concern because this seriously affects receptive tourism, not only because of the cost of the tickets: if we continue to add difficulties, surely even foreigners will finally give up,” said Cristian Zaeffer, CEO of Los Cauquenes, in Ushuaia.
“Reservations beyond 60 days are taken if canceled in dollars“, he claimed.
Although this destination has high occupancy in winter, Zaeffer does not see clearly how it will work in the low season, from September. “We want them to free the dollar for tourism, that it be supply and demand. We are scaring away foreign tourists with that dollar, which is expensive for them. The ideal is for the state to leave things free.”
Perhaps the exceptions are the hotels that work directed mainly to the foreign public, such as the Relais Chateaux. “Our rates are expressed in dollars, but they are charged in pesos at the official exchange rate. At Cavas Wine Lodge we are taking reservations for the coming months”, reported Cecilia Díaz Chuit, from the hotel that belongs to the international label.
Along the same lines, from the Las Balsas hotel, in Villa La Angostura, they said: “We quote in dollars. We haven’t slowed down much. And yes, reservations are taken beyond 60 days.