Despegar

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

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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

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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

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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