A key highlight on this front was the expansion of our wide-level partnerships with Livelo, Brazil's largest loyalty program. The program is operated by Banco do Brasil and Bradesco, Brazil's second and third largest banks. Through the SPGAR's wide-level platform, their customers can not only accumulate Livelo points, through purchases made on the platform, but can now redeem these points for any travel product, including packages. They also have the option now to purchase travel products with cash directly on the white label side. These new features have been highly successful and resulted in the Livelo partnership becoming our largest white label operation in Brazil.
May 16, 2024 / CEO / receipt, needs a key / Damian Skokin, CEO | earnings call 2024-05-16 | transcript 8a91faae-dcae-405b-b9a4-dd9342f5c2d9 | chars 5912-6589 | segment 5
Our collaboration with Libello marks a significant step in consolidating Despegar's position as the partner of choice for Latin America's other leading brands. It underscores the strength of our best-in-class technology platform, which enables us to provide highly customized solutions to our wide-label partners, regardless of their size, as well as the best possible travel promotions and experiences for their customers.
May 16, 2024 / CEO / receipt, needs a key / Damian Skokin, CEO | earnings call 2024-05-16 | transcript 8a91faae-dcae-405b-b9a4-dd9342f5c2d9 | chars 6772-7195 | segment 6
As we have previously communicated, our vision for wide-label solutions is not confined to Latin America. We aim to leverage the scalability and proven strengths of our platform to strategically penetrate targeted segments of the vast 2.2 trillion global travel market.
May 16, 2024 / CEO / receipt, needs a key / Damian Skokin, CEO | earnings call 2024-05-16 | transcript 8a91faae-dcae-405b-b9a4-dd9342f5c2d9 | chars 7484-7753 | segment 7
As we look ahead toward the rest of the year and beyond, we are very excited about the many growth opportunities that lie ahead. We remain firmly committed to maintaining our position as the travel technology industry's leader in profitable growth and to relentlessly pursuing excellence in all our endeavors.
May 16, 2024 / CEO / receipt, needs a key / Damian Skokin, CEO | earnings call 2024-05-16 | transcript 8a91faae-dcae-405b-b9a4-dd9342f5c2d9 | chars 12429-12738 | segment 12
Also, as we noted during our previous earnings calls, we intend to further leverage the strength and scalability of our platform by penetrating targeted areas of the 2.2 trillion global travel market as a next phase of our long-term growth strategy.
Mar 14, 2024 / CEO / receipt, needs a key / Damian Skokin, CEO | earnings call 2024-03-14 | transcript 5e7c7cd9-72ea-43bf-b9f9-a66bf4e3e2bd | chars 8644-8893 | segment 8
In line with this positive secular trend, travel packages continue to be an integral part of our commercial strategy and value proposition to our clients.
Mar 14, 2024 / CEO / receipt, needs a key / Damian Skokin, CEO | earnings call 2024-03-14 | transcript 5e7c7cd9-72ea-43bf-b9f9-a66bf4e3e2bd | chars 4659-4813 | segment 4
Notably, our Brazil and Mexico businesses continue to experience strong demand, with Brazil in particular benefiting from our commercial execution, competitive strength, and positive secular tailwinds, as we believe more and more customers allocate a higher proportion of their spending towards travel and experiences.
Mar 14, 2024 / CEO / receipt, needs a key / Damian Skokin, CEO | earnings call 2024-03-14 | transcript 5e7c7cd9-72ea-43bf-b9f9-a66bf4e3e2bd | chars 3087-3405 | segment 2
Its surveys reveal that consumers across all ages and regions state that travel remains a top priority.
Mar 14, 2024 / CEO / receipt, needs a key / Damian Skokin, CEO | earnings call 2024-03-14 | transcript 5e7c7cd9-72ea-43bf-b9f9-a66bf4e3e2bd | chars 4407-4510 | segment 4
Looking ahead, we expect the recovering travel demand to continue during the seasonally stronger second half of the year. Specifically, we expect revenue and adjusted EBITDA to increase in the mid to high single digits in the third quarter.
Aug 17, 2023 / CEO / receipt, needs a key / Damian Skokin, CEO | earnings call 2023-08-17 | transcript 33796862-12bf-447c-95d1-e03c8ea71f12 | chars 12852-13092 | segment 13
In summary, the Specar's operational strength combined with the still strong resurgence in travel demand and our focus on improving revenue mix continue driving our profitable growth trajectory.
Aug 17, 2023 / CEO / receipt, needs a key / Damian Skokin, CEO | earnings call 2023-08-17 | transcript 33796862-12bf-447c-95d1-e03c8ea71f12 | chars 13340-13534 | segment 13