Despegar Divests Destination Services Business Unit, Driving Further Focus On Its Core Growth Strategies
16 8월 2024 - 5:01AM
Business Wire
Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the
“Company”), Latin America’s leading travel technology company,
today announced that it has formed a strategic alliance with
World2Meet, the travel division of Iberostar Group, a Spain-based
global tourism company. Under the alliance’s agreement, World2Meet
has acquired Despegar’s Destination Management Company (DMC)
BDExperience effective August 1, 2024, and will operate as a
preferred partner to Despegar for the provision of destination
services in Mexico and the Dominican Republic.
In line with Despegar’s focus on key long-term growth
strategies, improving operational efficiency and maximizing return
on capital, the divestiture of DMC enables the Company to better
concentrate resources on its core business and further strengthen
its organic growth profile.
Despegar’s DMC, operating under the BDExperience brand, is a
destination management company with over 30 years of experience in
the travel industry, specializing in airport transfers, private and
group tours, and personalized assistance for tourists.
As a result of the transaction, nearly 600 BDExperience
employees will transfer from Despegar to World2Meet.
About Despegar.com
Despegar is the leading travel technology company in Latin
America. For over two decades, it has revolutionized the tourism
industry in the region through technology. With its continuous
commitment to the development of the sector, Despegar today is
comprised of a consolidated group that includes Despegar, Decolar,
Best Day, Viajes Falabella, Viajanet Stays and Koin, and has become
one of the largest travel companies in Latin America.
Despegar operates in 19 countries in the region, accompanying
Latin Americans from the moment they dream of traveling until they
share their memories. With the purpose of improving people's lives
and transforming the shopping experience, Despegar has developed
alternative payment and financing methods, democratizing the access
to consumption and bringing Latin Americans closer to their next
travel experience. Despegar’s common shares are traded on the New
York Stock Exchange (NYSE: DESP). For more information, visit
Despegar’s Investor Relations website
https://investor.despegar.com/.
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version on businesswire.com: https://www.businesswire.com/news/home/20240815939829/en/
IR Contact Luca Pfeifer, Investor Relations Phone: (+1) 305 481
1785 E-mail: luca.pfeifer@despegar.com
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