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April 27, 2015 3:36 PM ET

Hotels, Restaurants and Leisure

Company Overview of Despegar.com, Inc.

Company Overview

Despegar.com, Inc. 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. It operates in Argentina, Brazil, Chile, Colombia, Mexico, Uruguay, Venezuela, Spain, and the United States. The company was founded in 1999 and is based in Miami , Florida.

14 NE, 1st Avenue

Suite 516

Miami, FL 33132-2406

United States

Founded in 1999

Phone:

305-577-4919

Key Executives for Despegar.com, Inc.

Chief Executive Officer
Chief Financial Officer
Marketing Director
Compensation as of Fiscal Year 2014.

Despegar.com, Inc. Key Developments

Expedia Inc. and Decolar.com, Inc. Strengthen Partnership

Expedia, Inc. and Decolar.com, Inc. announced that the two companies have expanded their partnership to include deeper cooperation on hotel supply and a $270 million minority equity investment by Expedia. Building on the commercial relationship the two companies have had since 2002, the expanded agreement broadens Expedia's powering of Decolar's hotel supply and introduces the opportunity for Decolar to provide Expedia access to its hotel supply in Latin America. The customers of both companies will benefit from the broad, shared selection of hotels, and hotel partners will gain increased access to travelers in Latin America and around the world.

Despegar.com Mulls IPO

Roberto Souviron, Chief Executive Officer and co-founder of Despegar.com, Inc. revealed palns to launch an IPO on the international stock market in the medium term, potentially at the beginning of 2016.

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