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Despegar.com Corp (Despegar), a subsidiary of Prosus NV, is a travel technology company. The company offers a marketplace for customers to compare, plan, and purchase different travel products through its travel platform. It provides a range of travel-related services, including airline tickets, travel packages, hotels, vacation rentals, car rentals, bus tickets, cruise tickets, travel insurance, and other travel products through the website and mobile application. Despegar markets its product under the brands Despegar, Decolar, Best Day, and HotelDo, among others. Its services cater to consumers seeking to plan, purchase, and finance travel products. The company operates across North and South America. Despegar is headquartered in Buenos Aires, Provincia de Buenos Aires, Argentina.
Headquarters
Argentina
Address
Juana Manso 999, Buenos Aires, Provincia de Buenos Aires, 9JRP9Q
Website
investor.despegar.com
Telephone
54 11 48943500
No of Employees
3,956
Industry
Leisure and Arts
Revenue (2024)
$774.1M
Products and Services
| Products | Services | Brands |
|---|---|---|
| Platforms: | Travel Planning Services | Decolar |
| Despegar Website and Mobile Application | Despegar | |
| Best Day | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Ownership Changes | In May, the company was acquired by Prosus NV, an investment company. |
| 2022 | Acquisitions/Mergers/Takeovers | In June, the company acquired TVLX Viagens e Turismo S.A, an online travel agency. |
| 2022 | Contracts/Agreements | In January, the company agreed to acquire 51% stake in Stays for US$3.1 million. |
Competitor Comparison
| Key Parameters | Despegar.com Corp | Expedia Group Inc | Airbnb Inc | Booking.com BV | Say Hueque Patagonia S.R.L. |
|---|---|---|---|---|---|
| Headquarters | Argentina | United States of America | United States of America | Netherlands | Argentina |
| City | Buenos Aires | Seattle | San Francisco | Amsterdam | Buenos Aires |
| State/Province | Provincia de Buenos Aires | Washington | California | Noord-Holland | - |
| No. of Employees | 3,956 | 16,000 | 8,200 | - | - |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Nilesh Lakhani | Chairman | Executive Board | 2019 | 65 |
| Damian Scokin | Director; Chief Executive Officer | Executive Board | 2017 | 58 |
| Amit Singh | Chief Financial Officer | Senior Management | 2023 | 47 |
| Gonzalo Garcia Estebarena | Chief Technology Officer | Senior Management | 2022 | 45 |
| Maximiliano Gonzalez Costa | Chief Corporate Development and Human Resources Officer | Senior Management | 2023 | 44 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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