DESP, NYSE

Despegar.com, Corp. (DESP)

Price (as of November 1)

6.36USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

ABNB

Airbnb, Inc.

-0.04

EXPE

Expedia Group, Inc.

0.02

CCL

Carnival Corporation & plc

0.03

BKNG

Booking Holdings Inc.

0.06

Highest within Industry

Symbol Correlation

BKNG

Booking Holdings Inc.

0.06

CCL

Carnival Corporation & plc

0.03

EXPE

Expedia Group, Inc.

0.02

ABNB

Airbnb, Inc.

-0.04


Profile

Sector:
Consumer Cyclical
Industry:
Travel Services

Despegar.com, Corp., online travel company, provides a range of travel and travel-related products through its websites and mobile applications in Latin America. The company operates in two segments, Air; and Packages, Hotels and Other Travel Products. It offers airline tickets; and travel packages, hotel rooms, car rentals, bus tickets, cruise tickets, travel insurance, destination services, and other travel-related products, which enable consumers to find, compare, plan, and purchase travel products through its marketplace. The company also provides a technology platform for its travel suppliers to manage the distribution of their travel products and access to traveler customers. In addition, it offers travel products and services under the Despegar, Decolar, Best Day, BD Experience, and HotelDo brands. Further, the company operates Koin, an online payment and consumer lending services platform. Despegar.com, Corp. was founded in 1999 and is based in Buenos Aires, Argentina.