Despegar.com

OverviewSuggest Edit

Despegar.com operates as an online business-to-consumer travel agency that focuses on the Portuguese and Spanish speaking market. It enables people to research travel plans, check flight availability, book airline, and hotel and car rental reservations online, as well as offers 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, USMap
Websitedespegar.com
Employee Ratings4More

Recent NewsAll News

Latest Updates

Employees (est.) (Feb 2019)2,961
Revenue (FY, 2016)$411.2 M(-2%)
Share Price (Mar 2019)$16.3

Despegar.com Office Locations

Despegar.com has an office in Miami
Miami, US (HQ)
2665 S Bayshore Dr
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Despegar.com Financials and Metrics

Despegar.com Revenue

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Despegar.com'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 (18-Mar-2019)

1.1b

Closing stock price (18-Mar-2019)

16.3

Cash (31-Dec-2016)

76.0m

EV

1.1b
Despegar.com's current market capitalization is $1.1 b.
  • 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%
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  • Source:
USDFY, 2015FY, 2016

Cash

102.1m76.0m

Accounts Receivable

55.0m121.1m

Prepaid Expenses

34.4m27.2m

Current Assets

252.6m249.2m
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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)
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Despegar.com Operating Metrics

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

Customer Transactions

7.70 m7.20 m

Customers

4 m

Reviews

8.50 m

Airlines

200 250 k
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Despegar.com Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
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.
Servicios Online S.A.S.
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Despegar.com Revenue Breakdown

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

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Competitors

PHI
Automotive & Transportation - Public
CorpTrav
Travel & Leisure - Private
Blue Bay Travel
Travel & Leisure - Private
International Cruise and Excursions
Travel & Leisure - Private
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Despegar.com Online and Social Media Presence

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Despegar.com 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

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 Despegar.com Frequently Asked Questions

  • When was Despegar.com founded?

    Despegar.com was founded in 1999.

  • How many employees does Despegar.com have?

    Despegar.com has 2,961 employees.

  • What is Despegar.com revenue?

    Latest Despegar.com annual revenue is $411.2 m.

  • What is Despegar.com revenue per employee?

    Latest Despegar.com revenue per employee is $138.9 k.

  • Who are Despegar.com competitors?

    Competitors of Despegar.com include PHI, CorpTrav and Blue Bay Travel.

  • Where is Despegar.com headquarters?

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

  • Where are Despegar.com offices?

    Despegar.com has an office in Miami.

  • How many offices does Despegar.com have?

    Despegar.com has 1 office.

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