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alt="The move from legacy models to delightful experiences" title="The move from legacy models to delightful experiences"
News / Technology
The move from legacy models to delightful experiences
By Marisa Garcia | December 24, 2024
Executives from Despegar, Meili and Wego discuss the complexity in travel and the hope for AI to solve some of the challenges at The Phocuswright Conference 2024. Read More
alt="Poland-based WP Holding to purchase Invia Group for nearly €240M" title="Poland-based WP Holding to purchase Invia Group for nearly €240M"
News / Online
Poland-based WP Holding to purchase Invia Group for nearly €240M
By Morgan Hines | December 23, 2024
The technology holding company has signed a framework agreement to buy all the shares of the travel company. Invia Group operates in Austria, Germany, the Czech Republic, Switzerland, Slovakia, Hungary... Read More
alt="Despegar acquired by Naspers-owned Prosus for $1.7B" title="Despegar acquired by Naspers-owned Prosus for $1.7B"
News / Online
Despegar acquired by Naspers-owned Prosus for $1.7B
By Linda Fox | December 23, 2024
The Dutch company invests in technology companies across multiple verticals and said, with this transaction, it will serve more than 100-million customers in Latin America across travel, e-commerce and... Read More
alt="Despegar sells destination management company, boosts AI agent" title="Despegar sells destination management company, boosts AI agent"
News / Online
Despegar sells destination management company, boosts AI agent
By Linda Fox | August 16, 2024
Despegar has made a number of updates to its AI agent Sofia and has further plans to integrate the technology into its B2B platforms. Read More
alt="Exoticca lands €60M investment to grow multi-day tours platform" title="Exoticca lands €60M investment to grow multi-day tours platform"
News / Technology
Exoticca lands €60M investment to grow multi-day tours platform
By Linda Fox | July 24, 2024
Exoticca said the investment will go towards bringing in AI capabilities to its technology platform as well as brand building, particularly in the United States, Canada and the United Kingdom. Read More
alt="Despegar reports Q1 gains, AI enhancements" title="Despegar reports Q1 gains, AI enhancements"
News / Technology
Despegar reports Q1 gains, AI enhancements
By Linda Fox | May 17, 2024
The company said its Sofia AI assistant now includes hotel recommendations and enables users to search by city and dates as well as budget and key amenities. Read More
alt="Despegar shares AI trip planner details, reports record quarter" title="Despegar shares AI trip planner details, reports record quarter"
News / Technology
Despegar shares AI trip planner details, reports record quarter
By Linda Fox | March 15, 2024
During its Q4 and full-year 2023 results, the company said it had achieved its highest gross bookings since its IPO in 2017 and shared further details of its AI trip assistant Sofia. Read More
alt="Despegar debuts GenAI travel assistant for trip inspiration and booking" title="Despegar debuts GenAI travel assistant for trip inspiration and booking"
News / Technology
Despegar debuts GenAI travel assistant for trip inspiration and booking
By Mitra Sorrells | March 4, 2024
Customers can use the "Sofia" tool through text or voice or by clicking on visual options and can return to chats even days later with the interaction saved in the system. Read More
alt="CEO Spotlight - Damian Scokin of Despegar" title="CEO Spotlight - Damian Scokin of Despegar"
News / Online
CEO Spotlight - Damian Scokin of Despegar
By Linda Fox | February 20, 2024
In a discussion with PhocusWire, Despegar CEO Damian Scokin talks about carrying momentum from 2023 into the year ahead, the role of artificial intelligence and growth opportunities for the Latin... Read More
alt="Travel insiders swap insights on push for better data" title="Travel insiders swap insights on push for better data"
News / Technology
Travel insiders swap insights on push for better data
By PhocusWire | December 22, 2023
The Phocuswright Bridge Series brought together experts from Trip.com, Despegar and the Saudi Tourism Authority. Read More
alt="Earnings roundup: Vacasa, HomeToGo, Amex GBT and Despegar" title="Earnings roundup: Vacasa, HomeToGo, Amex GBT and 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
alt="Despegar rolls out generative AI trip planner, starting in Argentina" title="Despegar rolls out generative AI trip planner, starting in Argentina"
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
alt="Despegar reports record quarter for revenue" title="Despegar reports record quarter for revenue"
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
alt="Despegar gets boost from travel packages in Q1" title="Despegar gets boost from travel packages in Q1"
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
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