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  /  Hospitality   /  Latin America’s Despegar Is on a Buying Spree Despite Pandemic Challenges

Latin America’s Despegar Is on a Buying Spree Despite Pandemic Challenges

sandeepachetan.com  / Flickr.com

Ipanema Beach in Rio de Janeiro. Despegar is dealing with the coronavirus calamity, with a recovery yet to begin in much of Latin America. sandeepachetan.com / Flickr.com

Skift Take: Despegar is playing the hand it’s been dealt during the depths of the coronavirus crisis, and that means it will cut costs, ensure liquidity, and be on the prowl for opportunistic acquisitions to take market share.

— Dennis Schaal

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