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