- Despegar has seen a strong hit to its stock as a result of COVID-19 travel restrictions and weak growth in Latin America.
- However, the domestic travel markets in Brazil and Mexico are showing signs of a strong rebound.
- This stock is heavily exposed to emerging markets and therefore carries more risk than its better-known peers across the global travel industry.
- That said, there could be more upside built into the stock should growth in Brazil and Mexico prove vibrant.
For further details see:
Despegar.com: Riskier Than Its Peers, But Potentially Greater Upside