Articles tagged “best day”

Online Travel

Despegar More Upbeat on Latin America Economic Climate Than in U.S. and Europe

Latin American economies frequently seem to be in shambles, but there are positive developments on the inflation front as far as Despegar is concerned.

Despegar More Upbeat on Latin America Economic Climate Than in U.S. and Europe

Online Travel

Latin America’s Despegar Turns to Its Acquisitions for Pandemic Improvements

Like Traveloka in Indonesia, Argentina's Despegar is making strides in financial services. Amsterdam-based Booking.com is busy building a payments platform, and Grab Taxi in Southeast Asia has a lending and insurance arm. Megatrend, yes.

Latin America’s Despegar Turns to Its Acquisitions for Pandemic Improvements

Coronavirus

Latin America’s Despegar Is on a Buying Spree Despite Pandemic Challenges

Despegar is playing the hand it's been dealt during the depths of the coronavirus crisis, and that means it will cut costs, ensure liquidity, and be on the prowl for opportunistic acquisitions to take market share.

Latin America’s Despegar Is on a Buying Spree Despite Pandemic Challenges

Online Travel

Despegar Salvages Its Acquisition of Mexican Travel Agency Best Day

Despegar, Latin America's largest online travel company, will pay much, much less than its original $136 million proposed price to buy Mexican travel agency Best Day. Expect similar tough haggling over deal terms by travel companies across the globe.

Despegar Salvages Its Acquisition of Mexican Travel Agency Best Day

Coronavirus

Despegar May Drop Its Acquisition of Mexican Travel Agency Best Day as Crisis Takes Toll

Despegar had offered to pay a premium for Mexico's Best Day in January, but today the two companies are strapped for cash due to the pandemic's destruction of travel bookings. This acquisition may be one of several deals across the sector imperiled by coronavirus.

Despegar May Drop Its Acquisition of Mexican Travel Agency Best Day as Crisis Takes Toll

Online Travel

Despegar Buys Mexican Travel Agency Best Day for $136 Million

At a stroke, Despegar will boost its annual revenue by about 25 percent. Acquiring Best Day Travel Group, one of the largest travel agencies in Mexico, will also solidify its set of products, including in the promising business-to-business segment.

Despegar Buys Mexican Travel Agency Best Day for $136 Million