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Despegar.com Corp. operates a Latin American online travel and travel technology platform serving travelers across the region through brands including Despegar, Decolar, Best Day, Viajes Falabella, Viajanet Stays and Koin. Company news has centered on travel bookings, revenue and adjusted EBITDA results, travel package mix, foreign-exchange conditions, and growth in B2B and white-label travel partnerships.
Recurring developments also include Despegar’s technology and service portfolio, such as its SOFIA AI travel assistant, alternative payment and financing methods, and partnerships with hotels and travel agencies. In 2025, news coverage documented the completed acquisition of Despegar by Prosus following shareholder and regulatory approvals.
Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, will host its Analyst and Investor Day on June 14, 2022, in New York, NY. Presentations will be made by CEO Damián Scokin and CFO Alberto López Gaffney, starting at 2:00 PM, with registration beginning at 1:30 PM. The event is open to equity analysts and institutional investors, with a reception to follow. Pre-registration is required by June 7, 2022. Despegar has been pivotal in the tourism sector, servicing over 29 million customers across 20 countries.
Despegar.com reported strong fourth quarter 2021 results, with Gross Bookings up 46% quarter-over-quarter to $958.8 million, reaching 75% of pre-pandemic levels. Revenues rose 49% QoQ to $124.6 million, equating to 86% of 4Q19 figures. The company achieved an Adjusted EBITDA of $9.0 million, a 9% increase from 4Q19, despite lower Gross Bookings. Notably, the loyalty program membership nearly tripled, totaling 2.8 million. Despegar also announced the acquisition of a 51% stake in Stays for approximately $3.1 million, enhancing its position in Brazil's vacation rental market.
Despegar.com, Corp. (NYSE: DESP), the top online travel platform in Latin America, is set to report its Fourth Quarter 2021 results on March 10, 2022, before market opens. A conference call will follow at 8:00 a.m. ET. The company is entering a quiet period starting March 2 through March 10. Despegar offers a wide range of travel services, serving over 18 million customers across 20 countries, featuring products from over 270 airlines and 690,000 accommodations.
Despegar.com, Corp. (NYSE: DESP) reported significant financial recovery in 3Q21, with Gross Bookings rising 34% quarter-over-quarter to $657.3 million, reflecting a 298% year-over-year increase. However, bookings remain 44% below pre-pandemic levels of 3Q19. Revenues reached $83.4 million, up 32% QoQ but down 37% YoY. Adjusted EBITDA loss narrowed to $10.3 million, the best performance since 2Q20. The company also launched a loyalty program milestone and a co-branded credit card in Mexico, anticipating stronger domestic travel amid easing COVID-19 restrictions.
Despegar.com (NYSE: DESP), Latin America's leading online travel company, is set to release its Third Quarter 2021 earnings on November 17, 2021, before market open. The accompanying conference call will occur at 8:00 a.m. ET. A quiet period will be in effect from November 3 to November 17, 2021. Despegar operates in 20 countries, offering services to over 18 million customers, featuring products from more than 270 airlines and 690,000 accommodations.
Despegar.com, Corp. (NYSE: DESP) reported 2Q21 financial results, highlighting a 32% QoQ increase in Gross Bookings to $488.9 million and a staggering 899% YoY rise. Revenues reached $63.1 million, up 22% QoQ, rebounding from a negative $9.7 million in 2Q20. Adjusted EBITDA losses narrowed to $22.3 million, compared to $57.4 million in 2Q20. Mobile transactions accounted for 45% of total, a 4 percentage point increase from 2Q19. The company launched a loyalty program in Mexico in July 2021, aiming to capitalize on increasing travel demand, especially in Mexico and Colombia.
Despegar.com, Corp. (NYSE: DESP) will release its Second Quarter 2021 financial results on August 19, 2021, before market opens. A conference call scheduled for the same day at 8:00 a.m. ET will discuss results. The company will enter a quiet period from August 4 to August 19. Despegar is a leading online travel company in Latin America, serving over 18 million customers with comprehensive travel options, including flights, accommodations, and activities.
Despegar.com reported 1Q21 results, showing a strong pandemic impact. Gross Bookings fell 53% YoY to $369.2 million, with Revenue down 32% to $51.9 million. Adjusted EBITDA was a loss of $20.0 million. Despite challenges, the company maintained a solid cash position of $325.7 million. The CEO noted improvements in Mexico and Andean regions, and emphasized a focus on profitability amid ongoing travel demand uncertainties. The company expects continued stagnation in recovery through 2Q21 but remains optimistic about future demand growth.
Despegar.com, Corp. (NYSE: DESP) will report its First Quarter 2021 results on May 19, 2021, before the market opens. A conference call will follow at 8:00 a.m. Eastern Time on the same day. The company will enter a quiet period from May 11 through May 19, 2021. Despegar, a leading online travel company in Latin America, offers services across 20 countries, catering to over 18 million customers with products from over 270 airlines and more than 690,000 accommodation options.
Despegar.com, Corp. (NYSE: DESP) filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2020, with the SEC on April 30, 2021. This report is accessible on Despegar's website and at the SEC's site. Despegar, a leading online travel company in Latin America, serves over 18 million customers across 20 countries. It offers over 690,000 accommodations and products from 270 airlines, alongside various travel services. More information can be found at www.despegar.com.