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Articles tagged “despegar”

Online Travel

Despegar Hints at Its Latin American Travel Strategy After Successful IPO

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.

Sean O'Neill, Skift | 7 years ago

Despegar Hints at Its Latin American Travel Strategy After Successful IPO

Online Travel

Expedia-Supported Despegar Prices IPO at $26 Per Share

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.

Sean O'Neill, Skift | 7 years ago

Expedia-Supported Despegar Prices IPO at $26 Per Share

Online Travel

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

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.

Sean O'Neill, Skift | 7 years ago

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

Online Travel

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

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.

Dennis Schaal, Skift | 8 years ago

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

Online Travel

Priceline Writes Down Nearly All of Its $60 Million Hotel Urbano Investment

It is rare to see a company such as the Priceline Group take an impairment charge so quickly after investing. Even Priceline, in the short-term, at least, can get things wrong. Hotel Urbano needs more cash as the Brazilian economy and political system exhibited further stress, and the Zika virus took hold.

Dennis Schaal, Skift | 8 years ago

Priceline Writes Down Nearly All of Its $60 Million Hotel Urbano Investment

Online Travel

Skift CMO Interviews: Despegar’s New Single-Minded Push for Online Bookings

Despegar has entered a new chapter in Latin America as the site eliminated phone bookings in favor of online bookings only. The company is undergoing major changes and is rethinking how it balances its online and offline marketing.

Dan Peltier, Skift | 8 years ago

Skift CMO Interviews: Despegar’s New Single-Minded Push for Online Bookings

SkiftX

Expedia Makes $270 Million Dollar Investment in Latin America’s Decolar

Barring a reversal in market conditions, buckle up because 2015 is looking like it will be a very active year in mergers and acquisitions among online travel companies.

Dennis Schaal, Skift | 9 years ago

Expedia Makes $270 Million Dollar Investment in Latin America’s Decolar

Online Travel

Interview: Despegar CEO on the Evolution of Online Booking in Latin America

In Latin America, as in many regions around the world, the phone is the dominant way to book. No, not via the smartphone, but by phoning an agent in an online travel agency call center. Despegar is doing everything it can to ease the transition from call center to online bookings.

Dennis Schaal, Skift | 10 years ago

Interview: Despegar CEO on the Evolution of Online Booking in Latin America

Online Travel

Largest Latin America Travel Agency Despegar Gets a Reprieve

Despegar's statement doesn't say it will begin paying local taxes in Argentina -- or how much -- but its actions give Latin America's largest travel agency some breathing room to work out a settlement.

Dennis Schaal, Skift | 10 years ago

Largest Latin America Travel Agency Despegar Gets a Reprieve