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, US
Websiteus.despegar.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Dec 2017)2,961(+3%)
Revenue (FY, 2016)$411.2 M(-2%)
Share Price (Feb 2021)$12.2 (-11%)
Cybersecurity ratingBMore

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 (25-Feb-2021)

851.9m

Closing stock price (25-Feb-2021)

12.2

Cash (31-Dec-2016)

76.0m

EV

783.2m
Despegar's current market capitalization is $851.9 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%
  • Source:
USDFY, 2015FY, 2016

Cash

102.1m76.0m

Accounts Receivable

55.0m121.1m

Prepaid Expenses

34.4m27.2m

Current Assets

252.6m249.2m
  • 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)
  • 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

7.70 m7.20 m

Customers

4 m

Reviews

8.50 m

Airlines

200 250 k
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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

B

80/100

SecurityScorecard logo

Despegar Online and Social Media Presence

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Despegar News and Updates

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...

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, Blue Bay Travel and Professional Travel.

  • 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.