Is Despegar.com, Corp. (NYSE:DESP) One of The Worst Cruise Stocks to Buy Now According to Short Sellers? [Yahoo! Finance]
Despegar.com, Corp. Ordinary Shares (DESP)
Last despegar.com, corp. ordinary shares earnings: 3/5 06:00 am
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Source: Yahoo! Finance
The cruise industry accelerated after taking a significant hit during the COVID-19 pandemic. As per the Cruise Lines International Association (CLIA), ~35.7 million passengers are anticipated to set sail in 2024. This translates to 6% growth as compared to 2019. JP Morgan Research highlighted that major cruise lines enjoyed a successful 2024 wave season between January and March when operators provided the best deals. CLIA highlighted that, in 2023, the passenger volume touched a record 31.7 million, exhibiting a rise of 7% over 2019 levels. Wall Street experts believe that travel exchange-traded funds (ETFs) are well-placed to soar on the back of a resurgence in consumer demand for travel-related activities, supported by post-pandemic recovery and changing consumer behaviors. Amidst some short-term challenges, the long-term outlook for the travel sector is positive as a result of demographic shifts and an increased preference for experiential spending. Positive Demographic Shift
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News
- Is Despegar.com (DESP) Stock Outpacing Its Transportation Peers This Year? [Yahoo! Finance]Yahoo! Finance
- L Catterton Latin America Makes Strategic Investment in WeVetsPR Newswire
- Despegar.com Corp (DESP) Q3 2024 Earnings Call Highlights: Record Growth Amidst Currency Challenges [Yahoo! Finance]Yahoo! Finance
- Despegar.com Corp (DESP) Q3 2024 Earnings Call Highlights: Record Growth Amidst Currency Challenges [Yahoo! Finance Canada]Yahoo! Finance Canada
- Despegar.com Announces 3Q24 Financial Results [Yahoo! Finance]Yahoo! Finance
DESP
Earnings
- 11/14/24 - Miss
DESP
Sec Filings
- 11/22/24 - Form 6-K
- 11/22/24 - Form 6-K
- 11/14/24 - Form 6-K
- DESP's page on the SEC website