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DESP News and Press, Despegar.com Corp. From 07/26/22

Stock Information

Company Name: Despegar.com Corp.
Stock Symbol: DESP
Market: NYSE
Website: despegar.com

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DESP - Despegar.com: Showing Revenue Growth, But Still Too Much Risk

Despegar.com has been seeing revenue growth rebound to pre-pandemic levels. However, low growth in cash and earnings levels remain a concern. Inflation could significantly lower demand for travel across Latin America. I take the view that the stock is too risky at this point i...

DESP - China eyes reopening international travel, aiding casino, travel stocks

In statements to the World Economic Forum on Tuesday, Chinese premier Li Kieqang indicated China will continue to pursue reopening policies, including the resumption of international travel. According to Chinese state media, the premier that has become the face of reopening acro...

DESP - Despegar Announces Appointment of New Board Member

Ramiro Lauzan Appointed to Despegar’s Board as well as Nomination & Compensation and Strategy Committees Dirk Donath Resigned as Director and Will Continue to Serve as Observer of the Board Despegar.com, Corp. (NYSE: DESP) (“Despegar”), t...

DESP - Travel stocks jump on hopes China quarantine easing is a pandemic end point

Tuniu Corporation (TOUR) was the biggest gainer in the consumer sector in early trading on Tuesday with a 46% pop. Positive news out of China on travel sent buyers back into TOUR. The National Health Commission in China said it will shorten the quarantine period for international travelers to...

DESP - Despegar Board of Directors Approves New Share Repurchase Program

Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that on June 13, 2022, the Company’s Board of Directors approved a new share repurchase program (the “2022 Share Repurchase Program”)...

DESP - Despegar.com board approves $40M in share repurchase program

Despegar.com (NYSE:DESP) board approves new share repurchase program enabling the company to repurchase up to $40M of its shares, effective June 14, 2022 and expires on Aug.12, 2022. Current share repurchase program forms 7.7% of its total current market cap. YTD, the shares lost 31.1%. For...

DESP - Travel and leisure stocks are reeling again on macroeconomic worries

Travel and leisure stocks fell in Thursday morning trading on broad concerns over the global economy and renewed COVID restrictions in China. Of note, The Organization for Economic Cooperation and Development lowered its global economic growth forecast for 2022 to +3.0% from +4.5%. Inflation ...

DESP - Despegar Completes Acquisition of 100% of Brazilian Online Travel Agency Viajanet

Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that it has completed the previously announced (May 6, 2022 - link ) acquisition of 100% of TVLX Viagens e Turismo S.A (“Viajanet”), one...

DESP - Despegar.com, Corp (DESP) CEO Damian Scokin on Q1 2022 Results - Earnings Call Transcript

Call End: Despegar.com, Corp (DESP) Q1 2022 Earnings Conference Call May 19, 2022 10:00 AM ET Company Participants Natalia Nirenberg - Investor Relations Damian Scokin - Chief Executive Officer Alberto Lopez-Gaffney - Chief Financial Officer Conference Call Participants Alejandra Aranda - ITA...

DESP - Despegar.com, Corp. 2022 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Despegar.com, Corp. in conjunction with their 2022 Q1 earnings call. For further details see: Despegar.com, Corp. 2022 Q1 - Results - Earnings Call Presentation

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