Pope Leo XIV expected to bring a potential economic impact of over US$500 million
The pontiff's four-day visit to Argentina has already skyrocketed sales in religious article stores La entrada Pope Leo XIV expected to bring a potential economic impact of over US$500 million se publicó primero en Buenos Aires Herald .
Pope Leo XIV's forthcoming visit to Argentina is anticipated to generate economic activity worth over US$500 million, according to estimates from the Argentine Confederation of Medium Enterprises (CAME). The Pontiff's four-day itinerary encompasses Buenos Aires and Córdoba, with assessments suggesting that 7 million people are expected to participate in the events surrounding his visit.
This projection results in an estimated economic impact of AR$818.3 billion (US$531.4 million), contingent on visitors spending a day and engaging in various tourism-related activities. As the Pope prepares to enter Buenos Aires, businesses are capitalizing on the anticipated religious tourism by offering a wide array of merchandise, ranging from Vatican-themed garments to commemorative religious items.
The range of products includes T-shirts, caps, prayer cards, and flags, with prices varying from AR$2.50 to AR$25,000 (US$0.97 to US$16). Accommodation and tour packages for the visit have also seen a surge in demand, with searches for hotels in Luján increasing by 1,803% and in Córdoba by 398% year-on-year. Hotel rates for the visit date have skyrocketed, with some accommodations priced at AR$300,000 (US$195) per night.
Written by urgent.news from Buenos Aires Herald's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
