Articles tagged “despegar”

Expedia CEO: Mergers and Acquisitions Are Always on the Table

Expedia CEO: Mergers and Acquisitions Are Always on the Table

Dennis Schaal, Skift

An Expedia acquisition of Thomas Cook? While problematic on many fronts, including buying all of those offline agents, it isn't out of the question. Consider that Expedia would gain access to a customer base in Europe that it hardly touches. Expedia's Barry Diller has made a ton of acquisitions. He and Okerstrom are hardly done yet.

19 hours ago

MakeMyTrip and Despegar Make Localization a Key Competitive Advantage

MakeMyTrip and Despegar Make Localization a Key Competitive Advantage

Seth Borko, Skift Research

Does Expedia or Booking have the energy to launch their booking apps in four local Indian dialects? Maybe not, but MakeMyTrip does, and that local effort matters.

4 weeks ago

What Online Travel Can Learn From India and Latin America: New Skift Research

What Online Travel Can Learn From India and Latin America: New Skift Research

Seth Borko, Skift Research

Emerging markets will shape the future of the travel industry but each region requires a unique strategy. MakeMyTrip and Despegar, online travel leaders in India and Latin America, provide distinct insights into how to succeed their respective home markets.

1 month ago

This Is a Pivotal Moment for Booking Site Marketing Strategies

This Is a Pivotal Moment for Booking Site Marketing Strategies

Dennis Schaal, Skift

Suddenly those seemingly free-spending online travel agencies, which have made Google rich, are toning down their big-spending ways. Google shouldn't be too worried: Expedia and Booking Holdings are still spending billions of dollars on search-engine marketing, but they've just become a bit more stingy. And, they hope, wise.

2 months ago

Despegar Tripped Up by the Ailing Economies of Argentina and Brazil

Despegar Tripped Up by the Ailing Economies of Argentina and Brazil

Sean O'Neill, Skift

Lousy economies in key markets have hurt Despegar's profit. But deft management during the recent storms suggests the online travel agency has a promising future.

2 months ago

Despegar Attempts to Expand Further Beyond Flights

Despegar Attempts to Expand Further Beyond Flights

Sean O'Neill, Skift

Despegar will need to become even more of a force in Latin America if it hopes to tempt major shareholder Expedia Group into acquiring it.

5 months ago

Latin America Travel Unicorn Despegar Is Hunting but Could Be Hunted Too

Latin America Travel Unicorn Despegar Is Hunting but Could Be Hunted Too

Sean O'Neill, Skift

The biggest online travel story in Latin America in 2017 was Despegar's IPO. The Expedia-backed booking site raised $332 million to fund its expansion. The company has hinted that it is likely to use some of the cash to make an acquisition in 2018.

10 months ago

Expedia Wants to Loosen Google’s Travel-Advertising Grip and 10 Other Digital Trends This Week

Expedia Wants to Loosen Google’s Travel-Advertising Grip and 10 Other Digital Trends This Week

Sarah Enelow, Skift

This week in digital news, we thought about new beginnings. Expedia's new CEO wants to chip away at Google's dominance and Expedia-supported Despegar successfully launched an IPO.

1 year ago

Despegar Hints at Its Latin American Travel Strategy After Successful IPO

Despegar Hints at Its Latin American Travel Strategy After Successful IPO

Sean O'Neill, Skift

With its IPO on Wednesday, Despegar became the world's seventh-largest online travel company by market cap. Its bosses talk a good game. But its major markets may have near-term hiccups ahead.

1 year ago

Expedia-Supported Despegar Prices IPO at $26 Per Share

Expedia-Supported Despegar Prices IPO at $26 Per Share

Sean O'Neill, Skift

Expedia would own 14 percent of online travel agency Despegar post-IPO. But contemplating the odds of an Expedia takeover is a "rompecabeza,” or a head-breaker.

1 year ago

Despegar Files for $100 Million IPO and Expedia Could Benefit From Its Growth

Despegar Files for $100 Million IPO and Expedia Could Benefit From Its Growth

Sean O'Neill, Skift

Despegar is on track to attract a $1 billion valuation. That's impressive. But its newish CEO needs to pivot the business away from a reliance on selling airline tickets, which are becoming less profitable for his firm by the day.

1 year ago

Oral History of Online Travel: How Decolar Built an Online Booking Brand Offline

Oral History of Online Travel: How Decolar Built an Online Booking Brand Offline

Dennis Schaal, Skift

In the late 1990s and early 2000s, when Decolar approached local airlines to forge partnerships, the carriers just didn't appreciate what the site was trying to do. But Decolar, which has its struggles today, indeed outlasted many of those airlines.

2 years ago