Despegar

Despegar says bookings are down 32% and revenue is down 43% as it puts cost-cutting measures in place. Read More

If revenue drops due to COVID-19, past debt will make it more challenging for online travel companies to survive economic obstacles. Read More

We've updated PhocusWire's visual history of online travel company revenues to include the most recent quarter. Read More

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

Here are six important questions regarding the upcoming earnings for online travel companies.   Read More

Argentina-based Despegar will acquire Mexico's Best Day Travel Group. Read More

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

PhocusWire documented the entire history of quarterly total revenues since the first digital brands IPOed in the mid-1990s. Read More

Argentina-based Despegar reports gross bookings up 26% and revenue up 19% in the third quarter of 2019 compared to the same period a year earlier.    Read More

In a series of interviews with executives participating at the event in Florida in November, PhocusWire finds out what makes them tick... Next up: Damian Scokin of Despegar. Read More

Despegar was created in 1999 as one of Latin America's first online travel agencies. Based in Buenos Aires, Argentina, the company raised just $31 million before going public in 2017. Read More

For the final piece in our series on Latin America, we take a look at the current state and future outlook for distribution in hospitality and air. Read More

China’s Ctrip and Latin America’s Despegar are drawing optimistic outlooks from two financial analysts ahead of the release of their fourth-quarter results.  Read More

Latin America-focused online travel agency Despegar will use the proceeds from its recent public listing to fund a long-term growth strategy. Read More