Articles tagged “despegar”

Despegar Uses Installment Payments to Prod Demand

Despegar Uses Installment Payments to Prod Demand

Sean O'Neill, Skift

Some religions take it on faith that their messiah will come, but they stoically accept that the arrival has been delayed indefinitely. Similarly, Despegar believes that the online travel revolution will sweep Latin America, but it accepts that the glorious moment has been delayed indefinitely. Consumer financing is its secret sauce to sustain itself while it waits.

1 month ago

Despegar Surfs Rising Wave of Mobile Travel Bookings in Latin America

Despegar Surfs Rising Wave of Mobile Travel Bookings in Latin America

Sean O'Neill, Skift

The Argentine economic crisis continues to drag on Despegar, but the online travel agency's continuous investment in mobile is setting it up for long-term growth across the continent.

6 months ago

Iberostar Ups Stake in Almundo for Online Travel Agency Push in Latin America

Iberostar Ups Stake in Almundo for Online Travel Agency Push in Latin America

Sean O'Neill, Skift

The conventional wisdom has been that the online travel market in Latin America will narrow down to a fight between Expedia-supported Despegar and global brands like Booking.com. But Almundo, thanks to backing from Iberostar, might put up a meaningful fight.

10 months ago

Despegar Aims to Be Less Dependent on Argentina’s Travel Market

Despegar Aims to Be Less Dependent on Argentina’s Travel Market

Sean O'Neill, Skift

No one saw that Argentina's economy would take such a bad turn this year. But Despegar, based in Buenos Aires, is making moves to weather the storm after its market valuation has been slashed in half.

10 months ago

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.

11 months 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.

12 months 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 year 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.

1 year 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.

1 year 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.

1 year 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.

2 years 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.

2 years ago