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Despegar Gets Freedom to Expand Independently of Expedia's Hotels in New 10-Year Partnership [Yahoo! Finance]

Expedia Group, Inc. (EXPE)  More Company Research Source: Yahoo! Finance
Last expedia group, inc. earnings: 2/13 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: expediainc.com/contact-investor-relations
Expedia Group hotel supply for the vast majority of inventory outside of home base Latin America, a stipulation that hindered Despegar's expansion ambitions. But that will be changing, as will several other key terms, in a new 10-year Despegar-Expedia Group Lodging Outsourcing Agreement that Despegar announced Wednesday. Most aspects of the agreement will become effective on January 1, 2025, Despegar stated. Under the new pact, Despegar, the largest online travel company in Latin America, will be “able to expand its own directly sourced non-Latin America hotel supply and establish new strategic partnerships,” Despegar said. This will enable Despegar to enhance its B2B and M&A strategies, the company said. Under the current agreement, Despegar had some ability to forge partnerships outside of Latin America to obtain hotel supply from entities other than Expedia, but faced penalties if transactions involving those properties exceeded a certain percentage. The new agreement wil [Read more]
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Stockreport

Despegar Gets Freedom to Expand Independently of Expedia's Hotels in New 10-Year Partnership [Yahoo! Finance]

Expedia Group, Inc.  (EXPE) 
More Company Research Source: Yahoo! Finance
Last expedia group, inc. earnings: 2/13 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: expediainc.com/contact-investor-relations
Expedia Group hotel supply for the vast majority of inventory outside of home base Latin America, a stipulation that hindered Despegar's expansion ambitions. But that will be changing, as will several other key terms, in a new 10-year Despegar-Expedia Group Lodging Outsourcing Agreement that Despegar announced Wednesday. Most aspects of the agreement will become effective on January 1, 2025, Despegar stated. Under the new pact, Despegar, the largest online travel company in Latin America, will be “able to expand its own directly sourced non-Latin America hotel supply and establish new strategic partnerships,” Despegar said. This will enable Despegar to enhance its B2B and M&A strategies, the company said. Under the current agreement, Despegar had some ability to forge partnerships outside of Latin America to obtain hotel supply from entities other than Expedia, but faced penalties if transactions involving those properties exceeded a certain percentage. The new agreement wil [Read more]
IMPACT SNAPSHOT
EVENT TIME:
EXPE
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS