Despegar

 alt='Despegar posts second quarter of profitability as demand recovers'  Title='Despegar posts second quarter of profitability as demand recovers'
News / Online
Despegar posts second quarter of profitability as demand recovers
By Jill Menze | May 19, 2022
The Latin American online travel company reports adjusted EBITDA of $12.3 million for the period ending March 31, 2022. Read More
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News / Distribution
Despegar to acquire Brazilian OTA Viajanet
By Mitra Sorrells | May 6, 2022
This marks the third acquisition of a Brazil-based company for Despegar, which operates as Decolar in the Brazil market. Read More
 alt='Despegar turns Q4 profit 9% over 2019 levels'  Title='Despegar turns Q4 profit 9% over 2019 levels'
News / Online
Despegar turns Q4 profit 9% over 2019 levels
By Jill Menze | March 10, 2022
The Latin American company reports adjusted EBITDA of $9 million in Q4 2021, a 9% increase above Q4 2019, despite gross bookings rising only 75% of the same quarter’s level. Read More
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News / Online
VIDEO: Despegar on using the pandemic to its advantage
By PhocusWire | November 25, 2021
Speaking in the PhocusWire Studio during The Phocuswright Conference, Despegar CEO Damian Scokin explains how the pandemic hasn’t dulled the OTA’s growth ambitions. Read More
 alt='Despegar narrows adjusted EBITDA loss in Q3 2021'  Title='Despegar narrows adjusted EBITDA loss in Q3 2021'
News / Online
Despegar narrows adjusted EBITDA loss in Q3 2021
By Jill Menze | November 18, 2021
Despegar ended the third quarter of 2021 with an adjusted EBITDA loss of $10.3 million, its highest adjusted EBITDA figure since the pandemic-affected second quarter of 2020. Read More
 alt='Despegar revenues up against 2020, still around half of 2019'  Title='Despegar revenues up against 2020, still around half of 2019'
News / Online
Despegar revenues up against 2020, still around half of 2019
By Kevin May | August 19, 2021
Latin America-focused Despegar captured $61 million in revenue in the second quarter of 2021, indicating a gradual uptick in activity in the region. Read More
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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
 alt='Despegar "encouraged" by Q4 2020 performance, cautions "bumpy" road ahead'  Title='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
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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
 alt='VIDEO: Despegar's CEO on the value of operating like a startup'  Title='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
 alt='Despegar gets gentle uptick in fortunes from Brazil and Mexico domestic travel'  Title='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
 alt='How I Got Here, episode 39 - Martin Rastellino of Despegar'  Title='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
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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
 alt='Despegar reports 32% hit to Q1 bookings, renegotiates Best Day acquisition'  Title='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
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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