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Despegar

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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
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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
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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
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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
alt="Despegar turns Q4 profit 9% over 2019 levels" title="Despegar turns Q4 profit 9% over 2019 levels"
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
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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
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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
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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
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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
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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
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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
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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
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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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