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Despegar Aims to Be Less Dependent on Argentina’s Travel Market

By Sean O’Neill, Skift

Buenos Aires City Tourist Board

The top image is of someone doing a bicycle tour of Buenos Aires, Argentina, and passing along colorful La Boca district. Inset is an image on an office wall of the logo of Despegar, the largest online travel agency in Latin America, which reported its earnings on Thursday. Buenos Aires City Tourist Board

Skift Take: No one saw that Argentina’s economy would take such a bad turn this year. But Despegar, based in Buenos Aires, is making moves to weather the storm after its market valuation has been slashed in half.

— Sean O’Neill

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