Despegar gets boost from travel packages in Q1
Travel demand in Latin America continues to recover with the online travel agency reporting gross booking up 44% year over year
The company said “higher margin vacation packages” are an increasing part of the revenue mix with packages accounting for 34% of gross bookings, up from 30% in the first quarter of 2022.
Key takeaways
- Despegar has launched new features across its website and mobile application to boost customer engagement and enable cross-selling;
- For customers requiring help from an agent, Despegar has launched a video-assisted sales channel “helping customers transition from offline to online;”
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