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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
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
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
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
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
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
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
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The Phocuswright Conference 2023
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Optimizing payments: Why travel revenue depends on it
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Hopper-Turo partnership brings car-sharing to booking platform
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