| Founded | 1999 |
|---|---|
| Closed | 2020 |
| Country | Argentina |
| Sector | Travel |
| Total raised | $270M+ (IPO 2017 + rounds) |
| Collapse type | Slow Death |
| Founder | Roberto Souviron |
Despegar (COVID collapse phase)
"Latin America's largest OTA shrank 80% overnight when COVID grounded every flight on the continent"
Years-long decline before final shutdown
Key Events Timeline
Despegar (Decolar in Brazil) was LatAm's dominant online travel agency, publicly listed on NASDAQ.
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