Despegar

OverviewSuggest Edit

Despegar is a company that operates as an online business-to-consumer travel agency. It enables people to research travel plans, check flight availability, book airline, hotel and car rental reservations online, as well as travel-related services, including access to airlines, car rental companies, and hotels and vacation packages. The company serves leisure and corporate travelers.
TypePublic
Founded1999
HQMiami, FL, USMap
Websiteus.despegar.com
Employee Ratings4.1More

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Latest Updates

Employees (est.) (Dec 2017)2,961(+3%)
Revenue (FY, 2016)$411.2 M(-2%)
Share Price (Jun 2021)$14(-1%)
Cybersecurity ratingCMore

Key People/Management at Despegar

Adam Jay

Adam Jay

Director
Martín Rastellino

Martín Rastellino

Director
Michael Doyle

Michael Doyle

Director
Dirk Donath

Dirk Donath

Director
Aseem Gupta

Aseem Gupta

Director
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Despegar Office Locations

Despegar has an office in Miami
Miami, FL, US (HQ)
2665 S Bayshore Dr
Show all (1)

Despegar Financials and Metrics

Despegar Revenue

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Despegar's revenue was reported to be $411.16 m in FY, 2016 which is a 2.5% decrease from the previous period.
USD

Revenue (H1, 2017)

248.5m

Gross profit (H1, 2017)

182.2m

Gross profit margin (H1, 2017), %

73.3%

Net income (H1, 2017)

18.8m

EBIT (H1, 2017)

32.9m

Market capitalization (11-Jun-2021)

980.7m

Closing stock price (11-Jun-2021)

14.0

Cash (31-Dec-2016)

76.0m

EV

911.9m
Despegar's current market capitalization is $980.7 m.
  • Source:
Annual
USDFY, 2015FY, 2016

Revenue

421.7m411.2m

Revenue growth, %

(3%)

Cost of goods sold

154.2m126.7m

Gross profit

267.5m284.5m
Half Year
USDH1, 2017

Revenue

248.5m

Cost of goods sold

66.2m

Gross profit

182.2m

Gross profit Margin, %

73%
show all
  • Source:
USDFY, 2015FY, 2016

Cash

102.1m76.0m

Accounts Receivable

55.0m121.1m

Prepaid Expenses

34.4m27.2m

Current Assets

252.6m249.2m
show all
  • Source:
USDFY, 2015FY, 2016

Net Income

(85.3m)17.8m

Depreciation and Amortization

14.4m12.9m

Accounts Payable

22.7m(13.9m)

Cash From Operating Activities

(24.2m)(43.3m)
show all
  • Source:
USDFY, 2015

Revenue/Employee

124.0k

Financial Leverage

-4.2 x
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Despegar Operating Metrics

Despegar's Customers was reported to be 4 m in FY, 2016.
FY, 2015FY, 2016H1, 2017

Customer Transactions

7.7 m7.2 m

Customers

4 m

Reviews

8.5 m

Airlines

200250 k
Show all operating metrics

Despegar Acquisitions / Subsidiaries

Company NameDateDeal Size
Best DayJanuary 28, 2020$136 m
Decolar.com LTDA.
Despegar Colombia S.A.S.
Despegar.com.ar S.A.
Despegar.com Chile SpA
Despegar.com México S.A. de C.V.
Despegar.com Peru S.A.C.
Despegar.com USA, Inc.
DespegarEcuador Despegar Ecuador S.A.
La Inc S.A.
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Despegar Revenue Breakdown

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Despegar revenue breakdown by business segment: 47.0% from AIR and 53.0% from Packages, Hotels and Other Travel Products

Despegar Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

Learn more about our premium products
SecurityScorecard logo

Despegar Online and Social Media Presence

Despegar's Trends

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Despegar News and Updates

January 24, 2019

Scott+Scott Attorneys at Law LLP Announces Investigation into Despegar.com, Corp. (DESP)

NEW YORK, Jan. 24, 2019 /PRNewswire/ -- Scott+Scott Attorneys at Law LLP ("Scott+Scott"), a national shareholder and consumer rights litigation firm, is investigating whether Despegar.com, Corp. ("Despegar" or the "Company") (NYSE: DESP) or certain of its officers and directors violated...
June 18, 2018

Despegar Remains Expensive After The Recent Selloff

 Despegar Frequently Asked Questions

  • When was Despegar founded?

    Despegar was founded in 1999.

  • Who are Despegar key executives?

    Despegar's key executives are Adam Jay, Martín Rastellino and Michael Doyle.

  • How many employees does Despegar have?

    Despegar has 2,961 employees.

  • What is Despegar revenue?

    Latest Despegar annual revenue is $411.2 m.

  • What is Despegar revenue per employee?

    Latest Despegar revenue per employee is $138.9 k.

  • Who are Despegar competitors?

    Competitors of Despegar include PHI, Aeroclub and Corporate Traveller Canada.

  • Where is Despegar headquarters?

    Despegar headquarters is located at 2665 S Bayshore Dr, Miami.

  • Where are Despegar offices?

    Despegar has an office in Miami.

  • How many offices does Despegar have?

    Despegar has 1 office.