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Despegar Widens Reach But Still Reported a Fourth Quarter Loss

Despegar increased its product and geographic diversification but its net loss widened in the fourth quarter because of weak travel demand.

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Despegar com Announces Organizational Changes

03.03.2023 - Despegar.com, Corp. (NYSE: DESP) (“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 .

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Despegar More Upbeat on Latin America Economic Climate Than in U S and Europe

While U.S. and European-based online travel agencies fret inflation, Despegar sees a more stable economic climate in Brazil.

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Despegar Bulks Up on Vacation Rentals To Fend Off Competition From Global Players

Despega is adding vacation rentals fast, particularly in Brazil, following the closing of a 51 percent stake in channel manager Stays.

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Online Travel Faces Key Questions Heading Into Earnings

As the earnings season kicks off for online travel agencies, we'll be looking to see how inflation is impacting their outlooks.

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