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Despegar.com, Corp. (DESP) is the leading online travel agency in Latin America, established in 1999. Over the years, Despegar has become one of the top five traditional travel agencies on the continent, specializing in holiday travel. The company offers a comprehensive one-stop-shop for both leisure and corporate travel needs.
Through its user-friendly platform at www.despegar.com, customers can access over 500 airlines, 70 car rental agencies, and thousands of travel packages worldwide. Additionally, Despegar.com boasts a vast inventory of 150,000 hotels, the largest online available in the market. Users are supported by specialized phone service available in three languages: Spanish, English, and Portuguese.
Despegar.com's product offerings include airline tickets, travel packages, hotel accommodations, car rentals, bus tickets, cruise tickets, travel insurance, and destination services. The company operates through two primary segments: Air, which involves the sale of airline tickets, and Packages, Hotels, and Other Travel Products, which encompasses all other travel-related products and services.
In terms of geographical segments, Despegar.com has a strong presence in Argentina, Brazil, Uruguay, Mexico, and several other countries in Latin America. The company leverages a robust technology platform to manage product distribution and connect users with a wide network of travel suppliers. This ensures a seamless experience for customers looking to find, compare, plan, and purchase travel products easily.
Despegar.com is also committed to innovation and dynamic work culture. For those interested in joining their team, the latest job opportunities can be found at http://despegar.bumeran.com.
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Despegar.com (NYSE: DESP), Latin America's leading online travel company, reported 4Q22 results showing a 10% year-over-year increase in Gross Bookings to $1.1 billion. Revenue rose 17% to $145.5 million, while Total Adjusted EBITDA increased 39% to $12.5 million. Despite a 15% decline in transactions, the Average Selling Price soared 29%. The company anticipates 2023 revenues between $640 million and $700 million and Adjusted EBITDA of $80 million to $100 million, assuming a recovery in travel demand.
Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, announced the resignation of CFO
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