Articles from Despegar.com, Corp.
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, announces a strategic partnership with HBX Group, a leading independent B2B travel technology marketplace. This collaboration marks a relevant step towards expanding Despegar’s service offerings, particularly by integrating HBX Group’s European and North American non-air inventory into Despegar’s platform.
By Despegar.com, Corp. · Via Business Wire · January 29, 2025
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced that it has entered into a definitive merger agreement (“the Agreement”) to be acquired by Prosus (Euronext: PRX), a leading global technology company for $19.50 per share in an all cash transaction (the “Transaction”), representing an enterprise value of approximately $1.7 billion for Despegar.
By Despegar.com, Corp. · Via Business Wire · December 23, 2024
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced unaudited financial results for the three-months ended September 30, 2024 (“third quarter 2024” or “3Q24”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjustments. All comparisons in this announcement are year-over-year (“YoY”), unless otherwise noted.
By Despegar.com, Corp. · Via Business Wire · November 14, 2024
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced that it will report its Third Quarter 2024 results on Thursday, November 14, after the market close.
By Despegar.com, Corp. · Via Business Wire · November 7, 2024
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, announces its first Software as a Service (SaaS) partnership with Karisma Hotels & Resorts. Through this innovative collaboration, Despegar will license its cutting-edge AI Travel Assistant, Sofia, to enhance the existing chatbot functionalities of Karisma Group, setting a new standard for digital engagement in the hospitality industry.
By Despegar.com, Corp. · Via Business Wire · October 25, 2024
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company and Nubank NYSE: NUNYSENU)
By Despegar.com, Corp. · Via Business Wire · October 1, 2024
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced unaudited financial results for the three-months ended June 30, 2024 (“second quarter 2024” or “2Q24”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjustments. All comparisons in this announcement are year-over-year (“YoY”), unless otherwise noted.
By Despegar.com, Corp. · Via Business Wire · August 15, 2024
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced that it has formed a strategic alliance with World2Meet, the travel division of Iberostar Group, a Spain-based global tourism company. Under the alliance’s agreement, World2Meet has acquired Despegar’s Destination Management Company (DMC) BDExperience effective August 1, 2024, and will operate as a preferred partner to Despegar for the provision of destination services in Mexico and the Dominican Republic.
By Despegar.com, Corp. · Via Business Wire · August 15, 2024
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced that it will report its Second Quarter 2024 results on Thursday, August 15, after the market close.
By Despegar.com, Corp. · Via Business Wire · August 5, 2024
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced that, as part of the annual reconstitution of the Russell equity indexes, the Company has been added to the Russell 2000® Index and the broad-market Russell 3000® Index, effective at the open of the U.S. equity markets on July 1, 2024.
By Despegar.com, Corp. · Via Business Wire · July 1, 2024
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced the publication of its 2023 Environmental, Social, and Governance (ESG) report. This comprehensive report applies a double materiality approach, incorporating GRI 2021 Standards, which prioritize an impact perspective, and SASB Standards, which account for financial materiality.
By Despegar.com, Corp. · Via Business Wire · June 20, 2024
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced an exciting partnership with Shakira as part of its new campaign: Dream, Choose, Travel. A collaboration that marks a milestone in the world of travel and entertainment, merging two powerhouses with a common goal: to inspire and connect people through memorable experiences.
By Despegar.com, Corp. · Via Business Wire · June 4, 2024
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced unaudited financial results for the three-months ended March 31, 2024 (“first quarter 2024” or “1Q24”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjustments. All comparisons in this announcement are year-over-year (“YoY”), unless otherwise noted.
By Despegar.com, Corp. · Via Business Wire · May 16, 2024
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced that it will report its First Quarter 2024 results on Thursday, May 16, after the market close.
By Despegar.com, Corp. · Via Business Wire · May 7, 2024
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Despegar.com, Corp. (NYSEDESP), (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced that its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 was filed with the U.S. Securities and Exchange Commission (“the SEC”) on April 26, 2024 and is available on Despegar’s website at www.despegar.com and on the SEC’s website at www.sec.gov.
By Despegar.com, Corp. · Via Business Wire · April 26, 2024
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced the celebration of its 25th anniversary with the ringing of the New York Stock Exchange’s closing bell on April 3, 2024.
By Despegar.com, Corp. · Via Business Wire · April 4, 2024
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced unaudited financial results for the three-months ended December 31, 2023 (“fourth quarter 2023” or “4Q23”) and full year 2023. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjustments. All comparisons in this announcement are year-over-year (“YoY”), unless otherwise noted.
By Despegar.com, Corp. · Via Business Wire · March 14, 2024
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Despegar.com, Corp. (NYSEDESP), the leading travel technology company in Latin America, today announced that it will report its Fourth Quarter 2023 results on Thursday, March 14, after the market close.
By Despegar.com, Corp. · Via Business Wire · March 5, 2024
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced the launch of SOFIA , the region’s first Generative AI Travel Assistant, marking a significant enhancement to the Company’s customer value proposition. This pioneering innovation allows users to enjoy rapid, as well as more personalized and convenient travel planning through state-of-the-art technology.
By Despegar.com, Corp. · Via Business Wire · March 4, 2024
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced that it is raising its full-year 2023 financial guidance as follows:
By Despegar.com, Corp. · Via Business Wire · December 13, 2023
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced unaudited financial results for the three-months ended September 30, 2023 (“third quarter 2023” or “3Q23”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjustments. All comparisons in this announcement are year-over-year (“YoY”), unless otherwise noted.
By Despegar.com, Corp. · Via Business Wire · November 9, 2023
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Despegar.com, Corp. (NYSEDESP), the leading travel technology company in Latin America, today announced that it will report its Third Quarter 2023 results on Thursday, November 9, after the market close.
By Despegar.com, Corp. · Via Business Wire · October 30, 2023
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading online travel company, today announced unaudited financial results for the three-months ended June 30, 2023 (“second quarter 2023” or “2Q23”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjustments. All comparisons in this announcement are year-over-year (“YoY”), unless otherwise noted.
By Despegar.com, Corp. · Via Business Wire · August 17, 2023
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading online travel company, today announced that Mr. Amit Singh has been appointed Chief Financial Officer (CFO), effective August 21, 2023. Mr. Singh brings significant financial and capital market experience to Despegar and will be responsible for overseeing Despegar’s Finance, Accounting, Tax and Treasury operations and Investor Relations. He will report to Damián Scokin, Chief Executive Officer (CEO).
By Despegar.com, Corp. · Via Business Wire · August 3, 2023
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Despegar.com, Corp. (NYSEDESP), the leading online travel company in Latin America, today announced that accessing Despegar.com’s second quarter 2023 financial results call via telephone requires callers to press # on their telephone keypad in order to be connected to an operator, as utilizing an access code is no longer the call vendor’s procedure. The pre-registration procedure to access the financial results call has not changed.
By Despegar.com, Corp. · Via Business Wire · August 1, 2023
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Despegar.com, Corp. (NYSEDESP), the leading online travel company in Latin America, today announced that it will report its Second Quarter 2023 results on Thursday, August 17, before the market open.
By Despegar.com, Corp. · Via Business Wire · July 31, 2023
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Despegar.com, Corp. (NYSEDESP), (“Despegar” or the “Company”), Latin America’s leading online travel company, today announced unaudited financial results for the three-months ended March 31, 2023 (“first quarter 2023” or “1Q23”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjustments. All comparisons in this announcement are year-over-year (“YoY”), unless otherwise noted.
By Despegar.com, Corp. · Via Business Wire · May 18, 2023
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Despegar.com, Corp. (NYSEDESP) (“Despegar”), the leading online travel company in Latin America, today announced that its Annual Report on Form 20-F for the fiscal year ended December 31, 2022 was filed with the U.S. Securities and Exchange Commission (“the SEC”) on April 27, 2023 and is available on Despegar’s website at www.despegar.com and on the SEC’s website at www.sec.gov.
By Despegar.com, Corp. · Via Business Wire · May 5, 2023
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Despegar.com, Corp. (NYSEDESP), the leading online travel company in Latin America, today announced that it will report its First Quarter 2023 results on Thursday, May 18, before the market open.
By Despegar.com, Corp. · Via Business Wire · April 27, 2023
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Despegar.com, Corp. (NYSEDESP), (“Despegar” or the “Company”), Latin America’s leading online travel company, today announced unaudited financial results for the three-months ended December 31, 2022 (“fourth quarter 2022” or “4Q22”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjustments. All comparisons in this announcement are year-over-year (“YoY”), unless otherwise noted.
By Despegar.com, Corp. · Via Business Wire · March 16, 2023
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Despegar.com, Corp. (NYSEDESP) (“Despegar” or the “Company”), Latin America’s leading online travel company, today announced that Alberto Lopez Gaffney, the Company’s Chief Financial Officer (“CFO”), has tendered his resignation effective March 17, 2023.
By Despegar.com, Corp. · Via Business Wire · March 3, 2023
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Despegar.com, Corp. (NYSEDESP), the leading online travel company in Latin America, today announced that it will report its Fourth Quarter 2022 results on Thursday, March 16, before the market opens.
By Despegar.com, Corp. · Via Business Wire · February 27, 2023
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Despegar.com, Corp. (NYSEDESP), (“Despegar” or the “Company”), Latin America’s leading online travel company, today announced its upcoming participation in Morgan Stanley’s Latin America Executive Virtual Conference on January 10, 2023. Alberto Lopez Gaffney, Chief Financial Officer, and Luca Pfeifer, Head of Investor Relations, will represent the Company at the conference. On January 11 and 12, 2023, these executives will also represent the Company in a non-deal investor roadshow in Brazil that has been organized by Citibank.
By Despegar.com, Corp. · Via Business Wire · January 9, 2023
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Despegar.com, Corp. (NYSEDESP), (“Despegar” or the “Company”), Latin America’s leading online travel company, today announced unaudited financial results for the three-months ended September 30, 2022 (“third quarter 2022” or “3Q22”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjustment. All comparisons in this announcement are year-over-year (“YoY”), unless otherwise noted.
By Despegar.com, Corp. · Via Business Wire · November 17, 2022
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Despegar.com, Corp. (NYSEDESP), the leading online travel company in Latin America, today announced that it will report its Third Quarter 2022 results on Thursday, November 17, before the market opens.
By Despegar.com, Corp. · Via Business Wire · November 7, 2022
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Despegar.com, Corp. (NYSEDESP), (“Despegar” or the “Company”), Latin America’s leading online travel company, today announced its upcoming participation in Morgan Stanley’s virtual Latin America Conference on September 16, 2022. Alberto Lopez Gaffney, Chief Financial Officer, and Luca Pfeifer, Head of Investor Relations, will represent the Company at the conference.
By Despegar.com, Corp. · Via Business Wire · September 15, 2022
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Despegar.com, Corp. (NYSEDESP), (“Despegar” or the “Company”), Latin America’s leading online travel company, today announced unaudited financial results for the three-months ended June 30, 2022 (“second quarter 2022” or “2Q22”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjustment. All comparisons in this announcement are year-over-year (“YoY”), unless otherwise noted.
By Despegar.com, Corp. · Via Business Wire · August 18, 2022
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Despegar.com, Corp. (NYSEDESP), the leading online travel company in Latin America, today announced that it will report its Second Quarter 2022 results on Thursday, August 18, before the market opens.
By Despegar.com, Corp. · Via Business Wire · August 9, 2022
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Despegar.com, Corp. (NYSEDESP) (“Despegar”), the leading online travel company in Latin America, today announced that Dirk Donath, a member of the board of directors of the Company appointed by LCLA Daylight LP, an affiliate of L Catterton Latin America III, L.P., has resigned as a director and member of the Board’s Nomination & Compensation and Strategy committees, effective June 24, 2022, in connection with a rotation by L Catterton of its appointed directors. Mr. Donath will continue to serve as an observer of the Board.
By Despegar.com, Corp. · Via Business Wire · June 29, 2022
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Despegar.com, Corp. (NYSEDESP) (“Despegar”), the leading online travel company in Latin America, today announced that on June 13, 2022, the Company’s Board of Directors approved a new share repurchase program (the “2022 Share Repurchase Program”) that enables the Company to repurchase up to $40 million of its shares. The 2022 Share Repurchase Program becomes effective on June 14, 2022, and expires on August 12, 2022. Share repurchases may be undertaken through a variety of methods, including pursuant to trading plans adopted in accordance with Rule 10b5‐1 of the Exchange Act, or through open market or privately negotiated transactions, in accordance with applicable law.
By Despegar.com, Corp. · Via Business Wire · June 14, 2022
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Despegar.com, Corp. (NYSEDESP) (“Despegar”), the leading online travel company in Latin America, today announced that it has completed the previously announced (May 6, 2022 - link) acquisition of 100% of TVLX Viagens e Turismo S.A (“Viajanet”), one of Brazil’s leading online travel agencies, for a total consideration of approximately US$15.5 million, which will be subject to customary post-closing adjustments. Seventeen percent of total consideration was paid following the consummation of the transaction, 43% is expected to be paid in July 2022, 20% in June 2024 and the remaining 20% in June 2025, subject to any post-closing indemnification adjustments.
By Despegar.com, Corp. · Via Business Wire · June 8, 2022
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Despegar.com, Corp. (NYSEDESP), (“Despegar” or the “Company”), the leading online travel company in Latin America, today announced unaudited financial results for the three-months ended March 31, 2022 (“1Q22”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjustment.
By Despegar.com, Corp. · Via Business Wire · May 19, 2022
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Despegar.com, Corp. (NYSEDESP), the leading online travel company in Latin America, today announced that it will report its First Quarter 2022 results on Thursday, May 19, before the market opens.
By Despegar.com, Corp. · Via Business Wire · May 9, 2022
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Despegar.com, Corp. (NYSEDESP) (“Despegar”), the leading online travel company in Latin America, today announced that it has agreed to acquire TVLX Viagens e Turismo S.A (“Viajanet”), one of the leading online travel agencies in Brazil, for a total consideration of approximately US$15 million and subject to customary closing conditions. Under the terms of the agreement, 60% of the purchase price will be payable at closing, 20% in 24 months and the remaining 20% in 36 months.
By Despegar.com, Corp. · Via Business Wire · May 6, 2022
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Despegar.com, Corp. (NYSEDESP), (“Despegar”), the leading online travel company in Latin America, today announced that its Annual Report on Form 20-F for the fiscal year ended December 31, 2021 was filed with the U.S. Securities and Exchange Commission (“the SEC”) on April 29, 2022 and is available on SEC’s website at www.sec.gov.
By Despegar.com, Corp. · Via Business Wire · April 29, 2022
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Despegar.com, Corp. (NYSEDESP), (“Despegar” or the “Company”), the leading online travel company in Latin America, today announced its participation at upcoming investor conferences taking place during May 2022.
By Despegar.com, Corp. · Via Business Wire · April 22, 2022
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Despegar.com, Corp. (NYSEDESP), (“Despegar” or the “Company”) the leading online travel company in Latin America, today announced that it will host an Analyst and Investor Day ("Despegar Day") on Tuesday, June 14, 2022 in New York, NY.
By Despegar.com, Corp. · Via Business Wire · April 21, 2022
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Despegar.com, Corp. (NYSEDESP), (“Despegar” or the “Company”) the leading online travel company in Latin America, today announced unaudited results for the three-months ended September 30, 2021 (third quarter 2021 or 3Q21). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”).
By Despegar.com, Corp. · Via Business Wire · November 17, 2021
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Despegar.com, Corp. (NYSEDESP), the leading online travel company in Latin America, today announced that it will report its Third Quarter 2021 results on Wednesday, November 17, before the market opens.
By Despegar.com, Corp. · Via Business Wire · November 3, 2021
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Despegar.com, Corp. (NYSEDESP), (“Despegar” or the “Company”) the leading online travel company in Latin America, today announced unaudited results for the three-months ended June 30, 2021 (second quarter 2021 or 2Q21). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”).
By Despegar.com, Corp. · Via Business Wire · August 19, 2021
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Despegar.com, Corp. (NYSEDESP), the leading online travel company in Latin America, today announced that it will report its Second Quarter 2021 results on Thursday, August 19, 2021, before the market opens.
By Despegar.com, Corp. · Via Business Wire · August 4, 2021
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Despegar.com, Corp. (NYSEDESP), (“Despegar” or the “Company”) the leading online travel company in Latin America, today announced unaudited results for the three-months ended March 31, 2021 (1Q21). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”).
By Despegar.com, Corp. · Via Business Wire · May 19, 2021
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Despegar.com, Corp. (NYSEDESP), the leading online travel company in Latin America, today announced that it will report its First Quarter 2021 results on Wednesday, May 19, 2021 before the market opens.
By Despegar.com, Corp. · Via Business Wire · May 11, 2021
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Despegar.com, Corp. (NYSEDESP), (“Despegar”), the leading online travel company in Latin America, today announced that its Annual Report on Form 20-F for the fiscal year ended December 31, 2020 was filed with the U.S. Securities and Exchange Commission (“the SEC”) on April 30, 2021 and is available on Despegar’s web site: https://investor.despegar.com/home/default.aspx or at http://www.sec.gov.
By Despegar.com, Corp. · Via Business Wire · April 30, 2021