Articles tagged “despegar”

Generative AI is still in the early stages, but major travel companies are investing in tools that many of them say will be an important part of the future.

Don't be surprised if Despegar makes and acquisition or two in 2023. That's baked into its plans.

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 is growing with a steady pace of mergers and acquisitions, including Viajanet and Stays. It's a smart move to use vacation rentals to defend and expand market share.

They will be telling signals about where travel demand will be heading for the rest of 2022. That's why we will be closely following Alphabet and Meta's earnings calls this week.

At the beginning of the pandemic, it was clear there would be plenty of mergers and acquisition targets. Despegar found at least a couple in Viajanet and Stays.

Online travel booking company Despegar signed a deal to buy Viajanet, a Brazil-based online travel agency, for US$15 million.

Travel agencies are busy deploying plans to help Latin American fans pay for flights and lodging for the FIFA World Cup in light of steep exchange rates. Those rabid fútbol fans are topping the global demand lists for tickets.

Consider Tripadvisor's excruciating marketing decisions: It wants to shout to the world that travelers can save hundreds of dollars on a Hilton or Marriott booking for their next trip when enrolled in the subscription program, Tripadvisor Plus. But that's going to piss off Hilton and Marriott.