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Latin America’s Despegar Will Have to Navigate Coronavirus Currency Impact

A 2019 aerial shot of Rio de Janeiro, Brazil, a popular Latin American travel destination. CEO Despegar Damián Scokin announced the booking company’s fourth-quarter earnings on Thursday. Sergio Souza / Unsplash Skift Take: Coronavirus has caused turmoil in the global financial markets, which has devalued several key currencies and made foreign trips costlier. But devaluation […]

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Despegar Surfs Rising Wave of Mobile Travel Bookings in Latin America

Damián Scokin, CEO of Despegar, speaking at a travel industry event. In 2018, Despegar, Latin America’s largest online travel agency, reported $531 million in revenue, which was flat year-over-year growth. Yordi Muñoz Rivera / Despegar Skift Take: The Argentine economic crisis continues to drag on Despegar, but the online travel agency’s continuous investment in mobile […]

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Vacation Time: Go On a Luxury Trip to Buenos Aires

You haven’t been out of town enough lately. Take a trip on us. Skift is teaming up with DailySecret, Fathom, SheFinds, and Poncho to give away a Buenos Aires vacation prize package worth over $3,500. Enter to win a luxury trip to Buenos Aires with 3 nights at The Master at The Clubhouse Buenos Aires, a VIP welcome […]