best day Booking Sites despegar Digital mergers and acquisitions mexico online travel agencies travel travel advisor innovation report travel agencies

Despegar Buys Mexican Travel Agency Best Day for $136 Million

The staircase located at the edge of cliff at the Mayan Ruins of Tulum in Mexico. Brain & Storm / Flickr

Skift Take: At a stroke, Despegar will boost its annual revenue by about 25 percent. Acquiring Best Day Travel Group, one of the largest travel agencies in Mexico, will also solidify its set of products, including in the promising business-to-business segment.

— Sean O’Neill

Read the Complete Story On Skift