Despegar

News / Online

Earnings roundup: Vacasa, HomeToGo, Amex GBT and Despegar

By Linda Fox | November 10, 2023

A roundup of the third quarter 2023 earnings for travel companies, including Amex GBT, Despegar and HomeToGo. Read More

News / Technology

Despegar rolls out generative AI trip planner, starting in Argentina

By Mitra Sorrells | September 27, 2023

Travelers can use the planner to receive customized itineraries, put together packages that combine flights, accommodations and car rentals and receive recommendations of what to do in their... Read More

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

alt="smartryde-funding-api" title="smartryde-funding-api"

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

alt="despegar-q4-2022" title="despegar-q4-2022"

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

alt="Bridge Series PCW 2022" title="Bridge Series PCW 2022"

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

alt="despegar-q2-2022" title="despegar-q2-2022"

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

alt="despegar-acquires-viajanet2" title="despegar-acquires-viajanet2"

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