Despegar

News / Online

Despegar reports record quarter for revenue

By Linda Fox | August 17, 2023

The Latin America OTA reported its first positive quarter since 2019 with net income of $28 million. Read More

News / Online

Despegar gets boost from travel packages in Q1

By Linda Fox | May 22, 2023

Reporting first quarter results for 2023, the company said travel demand in Latin America continues to recover with Despegar reporting gross booking up 44% year over year to $1 billion. Read More

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News / Startups

Japan’s SmartRyde raises $3.4M as it expands airport transfer marketplace

By Mitra Sorrells | April 9, 2023

Along with the funding, SmartRyde has created an API so online travel agencies and airlines can connect directly to its global network to easily offer pre-booked airport transfers in their booking... Read More

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News / Online

Despegar sees Latin America market recovery by year end

By Linda Fox | March 16, 2023

Despegar has launched packages functionality and redesigned its mobile app, which currently accounts for about half of bookings. Read More

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News / Online

4 OTA CEOs on future opportunities

By Kathryn Walson | December 22, 2022

Etraveli’s Mathias Hedlund, Traveloka’s Caesar Indra, Priceline’s Brett Keller and Despegar’s Damian Scokin discuss their latest strategies. Read More

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News / Online

Despegar Q2 gross bookings reach $1.1B, in line with Q2 2019

By Mitra Sorrells | August 18, 2022

Despegar's adjusted EBITDA in the quarter was $10.6 million – the third consecutive positive quarter for the company. Read More

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

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

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

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

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

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