Quarterlytics / Consumer Cyclical / Travel Services / Despegar.com

Despegar.com

DESP · NYSE Consumer Cyclical
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Ticker DESP
Exchange NYSE
Sector Consumer Cyclical
Industry Travel Services
Employees 1001-5000

Business description

Despegar.com, Corp. is a leading Latin American online travel company that provides an extensive range of travel and travel-related products through its websites and mobile applications. With a two-segment operating structure consisting of Air and Packages, Hotels and Other Travel Products, the organization facilitates the purchasing process for consumers seeking airline tickets, as well as travel packages, hotel rooms, car rentals, bus tickets, cruise tickets, and travel insurance. The platform enables travelers to find, plan, and compare travel products through its marketplace, while its technology platform provides its travel suppliers with access to traveler customers and allows them to manage the distribution of their products. Additionally, Despegar.com offers travel products and services under the brands Despegar, Decolar, Best Day, BD Experience, and HotelDo. Founded in 1999 and headquartered in Buenos Aires, Argentina, the company has a strong presence in Latin America, thanks to its extensive network and loyal customer base. Boasting a broad range of services and innovative features, Despegar.com's Koin platform is an online payment and consumer lending services platform that further solidifies the company's position as a top industry player.

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Company facts
TickerDESP
ExchangeNYSE
Sector Consumer Cyclical
Industry Travel Services
Employees1001-5000