Despegar.com

Despegar.com Corp. is an online travel company, which engages in providing online travel agency services. It offers tours and corporate packages to destinations such as Paris, Cancun, Rio de Janeiro, Rome, Barcelona, and Las Vegas, as well as vehicle rentals and hotel bookings. The company was founded by Roberto Hernán Souviron, Federico Fuchs, Ernesto Cadeiras, and Christian Vilate in December 1999 and is headquartered in Buenos Aires, Argentina.

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Despegar.com reports record EBITDA in Q4 2022 despite travel challenges

Despegar.com showcased strong performance in Q4 2022, achieving record EBITDA levels and revenue growth amidst challenging travel demand.
The company's focus on revenue mix improvement, geographic diversification, and customer-centric strategies positions it for future growth.
While facing challenges such as weak travel demand and rising operating costs, Despegar.com remains optimistic about its growth prospects.
With a positive outlook for 2023 and a strategic approach to market recovery, Despegar.com aims to capitalize on opportunities for revenue and EBITDA growth.

Despegar.com reports stellar Q1 results, eyes Latin America growth

Despegar.com's Q1 2023 performance reflects robust growth, profitability, and operational improvements.
While facing challenges such as rising cost of revenue and BNPL segment profitability, the company is well-positioned to capitalize on growth opportunities.
Strategic initiatives, revenue diversification, and focus on customer engagement are key strengths driving Despegar.com's success.

Despegar.com (DESP) posts strong Q2 results, eyes market expansion

Despegar.com (DESP) delivered a robust performance in Q2 2023, showcasing revenue growth, operational efficiency, and strategic foresight in market expansion and customer engagement.
While facing challenges in competitive landscapes and financial optimization, the company's focus on innovation, cost management, and growth initiatives positions it well for future success.
With opportunities in new markets, loyalty program expansion, and profitability improvements, Despegar is poised to continue its growth trajectory and deliver value to shareholders.

Despegar.com achieves record revenue, eyes global expansion and operational efficiencies

Despegar.com's Q3 2023 earnings call highlights strong revenue growth, operational improvements, and strategic initiatives to capture market opportunities. Despite challenges in upcoming EBITDA and market conditions, the company remains focused on sustainable growth and shareholder value.

Despegar.com (DESP) reports record Q4 performance and eyes margin expansion in 2024

Despegar.com (DESP) excelled in Q4 2023, achieving record gross bookings, revenues, and adjusted EBITDA with strong operational performance.
The company's focus on margin expansion, operational efficiencies, and strategic growth initiatives positions it well for continued success in 2024.
Challenges in cost management and sustaining growth faster than the industry average require ongoing attention and strategic planning.
Opportunities lie in aligning growth strategies with cost efficiencies, leveraging partnerships, and driving sustained margin expansion in 2024.

Despegar.com (DESP) posts robust Q1 earnings, eyes global expansion

Despegar.com (DESP) reported strong Q1 2024 results, showcasing growth in bookings, revenue, and profitability. The company's strategic focus on loyalty programs, AI technology, and operational efficiency positions them for continued success.
While facing challenges in cost management and market competition, Despegar.com has opportunities to drive growth through expansion into new geographies and innovative customer service enhancements. The company's performance in Latin America and strategic initiatives highlight a path for sustainable growth.
With a clear emphasis on profitability, customer engagement, and market expansion, Despegar.com is well-positioned to capitalize on emerging opportunities in the travel industry. By leveraging strengths in key markets and addressing challenges effectively, the company aims for continued success and market leadership.

Despegar.com reports robust Q2 growth amidst FX challenges

Despegar.com delivered a strong Q2 performance with growth in bookings, revenues, and profitability.
Despite FX challenges impacting revenue guidance, the company raised adjusted EBITDA outlook to at least $160 million.
Investments in technology, loyalty programs, and strategic partnerships highlight a focus on sustainable growth.
Strategic divestment and inclusion in Russell Stock Indexes underscore Despegar's commitment to strategic evolution.

Despegar.com (DESP) reports robust Q3 earnings, eyes growth opportunities

Despegar.com (DESP) delivered strong financial performance in Q3 2024, driven by growth in gross bookings and operational efficiency.
The company's strategic initiatives, such as new partnerships and AI-powered services, position it well for future growth.
While facing challenges in user engagement and market competition, Despegar.com remains optimistic about sustained growth and profitability.

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Despegar.com Corp. is an online travel company, which engages in providing online travel agency services. It offers tours and corporate packages to destinations such as Paris, Cancun, Rio de Janeiro, Rome, Barcelona, and Las Vegas, as well as vehicle rentals and hotel bookings. It operates through the following segments: Air; Packages, Hotels, and Other Travel Products; and Financial Services. The Air segment refers to the facilitation services for the sale of airline tickets. The Packages, Hotels, and Other Travel Products segment offers facilitation services for travel package sales. The Financial Services segment includes processing, fraud identification, credit scoring, and information technology services. The company was founded by Martin Rastellino, Roberto Hernán Souviron, Federico Fuchs, Ernesto Cadeiras, and Christian Vilate in 1999 and is headquartered in Buenos Aires, Argentina.

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced that, as part of the annual reconstitution of the Russell equity indexes, the Company has been added to the Russell 2000® Index and the broad-market Russell 3000® Index, effective at the open of the U.S. equity markets on July 1, 2024. Damian Scokin, Despegar´s CEO, said, “We are pleased to have earned inclusion in Russell st.

Despegar Added to Russell Equity Indexes

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced the publication of its 2023 Environmental, Social, and Governance (ESG) report. This comprehensive report applies a double materiality approach, incorporating GRI 2021 Standards, which prioritize an impact perspective, and SASB Standards, which account for financial materiality. The 2023 ESG report details the significant str.

Despegar Publishes 2023 ESG Report

Despegar.com (DESP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

What Makes Despegar.com (DESP) a New Strong Buy Stock

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BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced an exciting partnership with Shakira as part of its new campaign: Dream, Choose, Travel. A collaboration that marks a milestone in the world of travel and entertainment, merging two powerhouses with a common goal: to inspire and connect people through memorable experiences. “Travel and music have the power to connect people,.

Despegar and Shakira, the World's Iconic Artist, Team up to Inspire Latin Americans to Live Traveling

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Does Despegar.com (DESP) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Despegar.com (DESP) is a Great Momentum Stock to Buy

Q1 2024 financials show impressive growth in gross bookings and revenue, particularly in the Brazilian market. Despegar.com has continued to reduce its long-term debt. I continue to take a bullish view on Despegar.com.

Despegar.com: Brazil Continues To Lead Growth

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Despegar.com, Corp. (NYSE:DESP ) Q1 2024 Earnings Call Transcript May 16, 2024 4:30 PM ET Company Participants Luca Pfeifer - IR Damian Scokin - CEO Gonzalo Estebarena - CTO Amit Singh - CFO Conference Call Participants Andrew Ruben - Morgan Stanley Naved Khan - B. Riley Securities Joao Soares - Citi Thomas Shinske - Cantor Fitzgerald Tom Champion - Piper Sandler Jed Kelly - Oppenheimer Operator Good morning, and welcome to Despegar's First Quarter 2024 Earnings Conference Call.

Despegar.com, Corp. (DESP) Q1 2024 Earnings Call Transcript

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced unaudited financial results for the three-months ended March 31, 2024 (“first quarter 2024” or “1Q24”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjustmen.

Despegar.com Announces 1Q24 Financial Results

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BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced that it will report its First Quarter 2024 results on Thursday, May 16, after the market close. Earnings Release Thursday, May 16, 2024 Time: After Market Close Conference Call Thursday, May 16, 2024 Time: 4:30 p.m. Eastern Time To participate, please dial +1 800 715 9871 (U.S. domestic) +1 646 307 1963 (International) Please.

Despegar.com to Announce First Quarter 2024 Financial Results on May 16, 2024

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BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced that its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 was filed with the U.S. Securities and Exchange Commission (“the SEC”) on April 26, 2024 and is available on Despegar's website at www.despegar.com and on the SEC's website at www.sec.gov. Investors can receive a printed copy of this report, incl.

Despegar Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2023

Despegar.com (DESP) Is Up 3.38% in One Week: What You Should Know

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BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced the celebration of its 25th anniversary with the ringing of the New York Stock Exchange's closing bell on April 3, 2024. Since its founding, Despegar has been revolutionizing Latin America's travel industry through technology. Throughout the Company's history, it has been the undisputed leader of online travel in the region.

Despegar Celebrates 25 Years Transforming Latin America's Travel Industry Through Innovation

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Despegar is a rapidly growing online travel company that trades at multiples way below peers. The company is now profitable with accelerating revenues and cash flow. It is rapidly gaining market share in a growing market that is underpenetrated.

News for Despegar.com Stock (DESP)