Despegar

 alt="Exoticca lands €60M investment to grow multi-day tours platform"  title="Exoticca lands €60M investment to grow multi-day tours platform"
News / Technology
Exoticca lands €60M investment to grow multi-day tours platform
By Linda Fox | July 24, 2024
Exoticca said the investment will go towards bringing in AI capabilities to its technology platform as well as brand building, particularly in the United States, Canada and the United Kingdom. Read More
 alt="Despegar reports Q1 gains, AI enhancements"  title="Despegar reports Q1 gains, AI enhancements"
News / Technology
Despegar reports Q1 gains, AI enhancements
By Linda Fox | May 17, 2024
The company said its Sofia AI assistant now includes hotel recommendations and enables users to search by city and dates as well as budget and key amenities. Read More
 alt="Despegar shares AI trip planner details, reports record quarter"  title="Despegar shares AI trip planner details, reports record quarter"
News / Technology
Despegar shares AI trip planner details, reports record quarter
By Linda Fox | March 15, 2024
During its Q4 and full-year 2023 results, the company said it had achieved its highest gross bookings since its IPO in 2017 and shared further details of its AI trip assistant Sofia. Read More
 alt="Despegar debuts GenAI travel assistant for trip inspiration and booking"  title="Despegar debuts GenAI travel assistant for trip inspiration and booking"
News / Technology
Despegar debuts GenAI travel assistant for trip inspiration and booking
By Mitra Sorrells | March 4, 2024
Customers can use the "Sofia" tool through text or voice or by clicking on visual options and can return to chats even days later with the interaction saved in the system. Read More
 alt="CEO Spotlight - Damian Scokin of Despegar"  title="CEO Spotlight - Damian Scokin of Despegar"
News / Online
CEO Spotlight - Damian Scokin of Despegar
By Linda Fox | February 20, 2024
In a discussion with PhocusWire, Despegar CEO Damian Scokin talks about carrying momentum from 2023 into the year ahead, the role of artificial intelligence and growth opportunities for the Latin... Read More
 alt="Travel insiders swap insights on push for better data"  title="Travel insiders swap insights on push for better data"
News / Technology
Travel insiders swap insights on push for better data
By PhocusWire | December 22, 2023
The Phocuswright Bridge Series brought together experts from Trip.com, Despegar and the Saudi Tourism Authority. Read More
 alt="Earnings roundup: Vacasa, HomeToGo, Amex GBT and Despegar"  title="Earnings roundup: Vacasa, HomeToGo, Amex GBT and Despegar"
News / Online
Earnings roundup: Vacasa, HomeToGo, Amex GBT and Despegar
By Linda Fox | November 10, 2023
A roundup of the third quarter 2023 earnings for travel companies, including Amex GBT, Despegar and HomeToGo. Read More
 alt="Despegar rolls out generative AI trip planner, starting in Argentina"  title="Despegar rolls out generative AI trip planner, starting in Argentina"
News / Technology
Despegar rolls out generative AI trip planner, starting in Argentina
By Mitra Sorrells | September 27, 2023
Travelers can use the planner to receive customized itineraries, put together packages that combine flights, accommodations and car rentals and receive recommendations of what to do in their... Read More
 alt="Despegar reports record quarter for revenue"  title="Despegar reports record quarter for revenue"
News / Online
Despegar reports record quarter for revenue
By Linda Fox | August 17, 2023
The Latin America OTA reported its first positive quarter since 2019 with net income of $28 million. Read More
 alt="Despegar gets boost from travel packages in Q1"  title="Despegar gets boost from travel packages in Q1"
News / Online
Despegar gets boost from travel packages in Q1
By Linda Fox | May 22, 2023
Reporting first quarter results for 2023, the company said travel demand in Latin America continues to recover with Despegar reporting gross booking up 44% year over year to $1 billion. Read More
 alt="smartryde-funding-api"  title="smartryde-funding-api"
News / Startups
Japan’s SmartRyde raises $3.4M as it expands airport transfer marketplace
By Mitra Sorrells | April 9, 2023
Along with the funding, SmartRyde has created an API so online travel agencies and airlines can connect directly to its global network to easily offer pre-booked airport transfers in their booking... Read More
 alt="despegar-q4-2022"  title="despegar-q4-2022"
News / Online
Despegar sees Latin America market recovery by year end
By Linda Fox | March 16, 2023
Despegar has launched packages functionality and redesigned its mobile app, which currently accounts for about half of bookings. Read More
 alt="Bridge Series PCW 2022"  title="Bridge Series PCW 2022"
News / Online
4 OTA CEOs on future opportunities
By Kathryn Walson | December 22, 2022
Etraveli’s Mathias Hedlund, Traveloka’s Caesar Indra, Priceline’s Brett Keller and Despegar’s Damian Scokin discuss their latest strategies. Read More
 alt="despegar-q2-2022"  title="despegar-q2-2022"
News / Online
Despegar Q2 gross bookings reach $1.1B, in line with Q2 2019
By Mitra Sorrells | August 18, 2022
Despegar's adjusted EBITDA in the quarter was $10.6 million – the third consecutive positive quarter for the company. Read More
 alt="Despegar posts second quarter of profitability as demand recovers"  title="Despegar posts second quarter of profitability as demand recovers"
News / Online
Despegar posts second quarter of profitability as demand recovers
By Jill Menze | May 19, 2022
The Latin American online travel company reports adjusted EBITDA of $12.3 million for the period ending March 31, 2022. Read More