Despegar

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

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

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

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

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

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

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

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

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

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

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

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

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