Despegar

despegar-q1-2020
News / Online
Brazil drags Despegar earnings down as COVID spike hits
By Linda Fox | May 19, 2021
Despegar, the Latin American online travel agency, reported a $20 million loss in EBITDA for Q1 2021 as the second COVID-19 wave hit. Read More
Despegar "encouraged" by Q4 2020 performance, cautions "bumpy" road ahead
News / Online
Despegar "encouraged" by Q4 2020 performance, cautions "bumpy" road ahead
By Jill Menze | March 11, 2021
Room nights increased quarter-over-quarter, while on a year-over-year basis, transactions and room nights decreased 56% and 61%, respectively. Read More
siteminder-channel-report
News / Distribution
Hotel direct channels gained share of bookings in 2020
By Mitra Sorrells | February 2, 2021
A new report from SiteMinder details the top booking revenue sources in markets around the world. Read More
VIDEO: Despegar's CEO on the value of operating like a startup
News / Distribution
VIDEO: Despegar's CEO on the value of operating like a startup
By Mitra Sorrells | December 14, 2020
Despegar CEO Damian Scokin discussed his company's recovery strategy in an interview with Phocuswright analyst Carolina Sass de Haro. Read More
Despegar gets gentle uptick in fortunes from Brazil and Mexico domestic travel
News / Online
Despegar gets gentle uptick in fortunes from Brazil and Mexico domestic travel
By Kevin May | November 12, 2020
Despegar is operating on revenues down 91% year-over-year despite seeing high demand for travel in two of its major markets during the third quarter of 2020. Read More
How I Got Here, episode 39 - Martin Rastellino of Despegar
Interview / Online
How I Got Here, episode 39 - Martin Rastellino of Despegar
By PhocusWire | August 27, 2020
Martin Rastellino and four friends co-founded Despegar in Argentina. The story of its birth, growth and eventual IPO is told to Mozio's David Litwak and Kevin May of PhocusWire. Read More
despegar-q2-2020
News / Online
Despegar gets $200M in investments, sees “positive trend” in bookings
By Mitra Sorrells | August 21, 2020
Despegar's bookings declined 94% year-over-year in the second quarter, but the company is expressing optimism fueled by two new investments.   Read More
Despegar reports 32% hit to Q1 bookings, renegotiates Best Day acquisition
News / Distribution
Despegar reports 32% hit to Q1 bookings, renegotiates Best Day acquisition
By Linda Fox | May 6, 2020
Despegar says bookings are down 32% and revenue is down 43% as it puts cost-cutting measures in place. Read More
haunted financial
News / Online
Could addiction to debt come back to haunt some online travel companies?
By Steven Lerner | March 25, 2020
If revenue drops due to COVID-19, past debt will make it more challenging for online travel companies to survive economic obstacles. Read More
calm before storm
News / Online
Calm before the coronavirus storm - recap of latest online travel earnings
By Steven Lerner | March 23, 2020
We've updated PhocusWire's visual history of online travel company revenues to include the most recent quarter. Read More
Despegar 2019 earnings
News / Online
Despite "volatile macro environment," Despegar finishes 2019 strong with 10% revenue increase
By Steven Lerner | March 5, 2020
Despegar ended 2019 on a high note with a 10% increase in fourth quarter revenue to $145.6 million, although revenue for the full year declined by 1% to $524.9 million.   Read More
earnings preview online travel february 2020
News / Online
Google, Barry Diller, annual marketing spend - what to watch in upcoming online travel earnings
By Steven Lerner | February 3, 2020
Here are six important questions regarding the upcoming earnings for online travel companies.   Read More
despegar-acquires-best-day
News / Online
Despegar acquires Mexico’s Best Day Travel Group for $136M
By Mitra Sorrells | January 27, 2020
Argentina-based Despegar will acquire Mexico's Best Day Travel Group. Read More
VIDEO: Despegar's CEO on growth and navigating regional challenges
News / Distribution
VIDEO: Despegar's CEO on growth and navigating regional challenges
By Mitra Sorrells | November 28, 2019
Despegar CEO Damian Scokin discussed the Latin American OTA's plans for continued growth, including new products and partnerships, during an interview at The Phocuswright Conference. Read More
WATCH: A visual history of digital travel company revenues
News / Online
WATCH: A visual history of digital travel company revenues
By Steven Lerner | November 22, 2019
PhocusWire documented the entire history of quarterly total revenues since the first digital brands IPOed in the mid-1990s. Read More