Despegar.com, Corp. Overview
Pro stress-test →Despegar.com is Latin America's leading travel technology company and a major online travel agency in the region. The company offers online hotels, car, flights, vacation rentals, packages, and ticket booking services. In March 2026, Prosus completed its acquisition of Despegar for $19.50 per share in cash, valuing the company at approximately $1.7 billion.
Strategic Profile
Pro stress-test →Despegar has expanded through partnerships including a lodging outsourcing agreement with Expedia, a strategic partnership with HBX Group to expand lodging inventory, and integration of fintech payment solutions like Nubank's NuPay. As part of Prosus's digital lifestyle ecosystem, Despegar will leverage synergies with existing portfolio companies including iFood, OLX Brazil, and Sympla.
Competitive Landscape
Pro stress-test →Despegar competes with other major Latin American OTAs and global travel platforms. Primary competitors include regional players serving Latin America as well as international platforms like Expedia, Booking.com, and Kayak, which also operate in the region. Despegar's strategic advantage lies in its localized payment integrations, Spanish/Portuguese-native platform, and deep Latin American market presence.
Industry Context
Despegar.com, Corp. operates in Online Travel Agencies (OTA).
Key facts
Founded: 1999 · Headquarters: Buenos Aires, Argentina · Employees: N/A · Revenue: $774.1M · Market cap: $1.63B