Corporate Presentation as of 3Q17

January 2018
Disclaimer
This presentation includes forward-looking statements. We have based these forward-looking statements largely on our current beliefs, expectations and projections about future
events and financial trends affecting our business and our market. Many important factors could cause our actual results to differ substantially from those anticipated in our forward-
looking statements, including: political, social and macroeconomic conditions in Latin America; currency exchange rates and inflation; current competition and the emergence of new
market participants in our industry; government regulation; our expectations regarding the continued growth of internet usage and e-commerce in Latin America; failure to maintain
and enhance our brand recognition; our ability to maintain and expand our supplier relationships; our reliance on technology; the growth in the usage of mobile devices and our ability
to successfully monetize this usage; our ability to attract, train and retain executives and other qualified employees; and our ability to successfully implement our growth strategies.
We operate in a competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties
that could have an impact on the forward-looking statements contained in this presentation. The words “believe,” “may,” “should,” “aim,” “estimate,” “continue,” “anticipate,” “intend,”
“will,” “expect” and similar words are intended to identify forward-looking statements. Forward-looking statements include information concerning our possible or assumed future
results of operations, business strategies, capital expenditures, financing plans, competitive position, industry environment, potential growth opportunities, the effects of future
regulation and the effects of competition. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or to revise any
forward-looking statements after the date of this presentation because of new information, future events or other factors, except as required by law. In light of the risks and
uncertainties described above, the future events and circumstances discussed in this presentation might not occur or come into existence and forward-looking statements are thus not
guarantees of future performance. Considering these limitations, you should not make any investment decision in reliance on forward-looking statements contained in this
presentation.

This presentation includes industry, market and competitive position data and forecasts that we have derived from independent consultant reports, publicly available information,
industry publications, official government information, other third-party sources and our internal data and estimates. Independent consultant reports, industry publications and other
published sources generally indicate that the information contained therein was obtained from sources believed to be reliable. The inclusion of market estimations in this presentation
is based upon information obtained from third-party sources and our understanding of industry conditions. Although we believe that this information is reliable, the information has not
been independently verified by us. Trademarks and service marks appearing in this presentation are the property of their respective holders. This presentation includes data from
Euromonitor. Information sourced to Euromonitor is from independent market research carried out by Euromonitor International Limited as part of its annual Passport research.
Euromonitor makes no warranties about the fitness of this intelligence for investment decisions.

This presentation is strictly confidential, is for informational purposes only and may not be relied upon in connection with the purchase or sale of any security. You may not disclose
any of the information contained herein to any other parties without the company’s prior express written permission. This presentation is made pursuant to Section 5(d) of the
Securities Act of 1933, as amended, and is intended solely for investors that are either qualified institutional buyers or institutions that are accredited investors (as such terms are
defined under Securities and Exchange Commission (“SEC”) rules) solely for the purpose of determining whether such investors might have an interest in a securities offering
contemplated by Despegar.com, Corp. Any such offering of securities will only be made by means of a registration statement (including a prospectus) filed with the SEC, after such
registration statement is declared effective. No such registration statement has been declared effective as of the date of this presentation. This presentation shall not constitute an
offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

2
 Leading OTA in Latin America…
Significant Scale
 Pan-regional OTA operating across 20 markets with leading $4.2 Billion $491 Million
brand awareness in key markets, including Brazil and Gross Bookings(3) Revenue

Argentina(1) 2017 LTM(4)

High Growth
 18 years operating history
27% 34% 72%
 Deep expertise and ability to address market specific needs Revenue Gross Profit Adj. EBITDA
in a growing $30Bn market(2) opportunity 9M16 to 9M17(5)

 Comprehensive product offering including air, packages, Revenue Diversification

hotels and other travel products to a large customer base
9M17 Revenue 9M17 Transactions(6)

 Best in class mobile offering Argentina

Brazil
Air Packages,
 Served over 3.6 million customers during 9M17, up 19% YoY 46%
Hotels and
Other
25%
41%
54%
Travel
Products 34%

Notes
(1) Based on search engine trend data that is based on the relative number of searches of brand related keywords in Google as of September 30, 2017
Other
(2) $30Bn estimated online travel market as of 2016 based on airlines, lodging, attractions and car rentals data from Euromonitor
(3) Gross bookings is the aggregate purchase price of all travel products booked by Despegar customers through its platform during a given period
(4) As of last twelve months ended September 30, 2017
(5) % change from September 30, 2016 YTD audited consolidated financial statements to September 30, 2017 YTD unaudited consolidated financial statements
(6) Number of transactions is the total number of customer orders completed on our platform in a given period 3
 …with a Track Record of Continued Growth in New Markets
and Products
Start-Up Successfully Established and Grew Our Strategic Platform Path to Further Growth

Reached ~50% mobile

traffic
2017
Expanded to Bolivia, Costa Rica, Dominican Launched travel affiliates
Republic, Ecuador, Guatemala, Nicaragua, program and travel
Panama, Paraguay and Puerto Rico insurance product 2016

2015
Reached 1 million
downloads of the mobile
app 2014
Launched bus
Launched mobile app business and local
Launched Hotels product
2013 concierge product as
part of destination
services
2012
Expanded to
Peru 10 million downloads of
Expanded to Brazil, Deepened strategic
our mobile app
Chile, Colombia, partnership with Expedia,
Mexico, and Uruguay including its equity
Migrated all call center investment in our
sales to online company
Launched packages, Launched destination
2009 rental cars and cruise services and
products vacation rentals offering

2007

2001 Expanded to United States and Venezuela

2000
1999
Launched site in Argentina 48% Growth in 4.0 MM
2.7 MM Customers
4
2012 2016
Why Despegar

1 Significant Market Opportunity Driven by Multiple Secular Trends

2 Leading & Comprehensive Travel Offering, with Numerous Payment Methods

3 Virtuous Cycle Underpinned by Scale, Brand and Effective Marketing

4 Leading Mobile Offering & Powerful Data Analytics

5 Experienced Management Team

6 Strong Financial Position with Significant Growth Potential

5
 1
Operating at Significant Scale in a Rapidly Growing
Online Travel Market…
USD Bn Latin America Travel Market Size
2016 2020E

$131Bn(1)
Estimated
$98Bn(1) Total Travel Market
Total Travel Market

$30Bn
Attractions &
Car Rentals 2% $30Bn
Online Travel
Lodging 48% $48Bn
Market
Estimated
$3.3Bn Online Travel Market
Airlines Bookings
50%
Despegar

Online Travel Market

Market Share(2): ~11%

Source: Euromonitor
Notes
(1) Online travel market from Euromonitor including airlines, lodging, attractions and car rentals. Air segment includes all Latin American countries and outbound globally; US$ ticket values includes round trip for intra-country, single trip for intra-region and single trip for outbound
trips; Online Air includes direct and intermediaries sales; Offline Air covers all transactions that are not booked or paid over the internet 6
(2) Despegar market share in terms of online travel market in Latin America by gross bookings
1 …That is Highly Underpenetrated

2016 Online Travel Penetration by Region

(% Online Penetration)

52%
49%

36%

30%

$3.3Bn
Bookings

Despegar

Latin Asia US Western

America Europe

7
Source: Euromonitor
1 Supplier Fragmentation Underpins Revenue Resiliency…
Latin America Airline Market is Highly Fragmented And Hotel Segment in Terms of Market Share
(% of air gross bookings as of 2015)(1) (% of hotels gross bookings as of 2015)

Latin America United States Latin America United States

All Other Top 10 All Other

32% Hotel All Other
All Other 48%
Chains
Top 4 All Other All Other 32%
60% 15% Top 10
Airlines 32% 85%
Hotel All Other
40% All Other Top 4
Chains 48%
60% Airlines
All Other 52% Top 10
68% Top 4 Hotel
Airlines 85%
Top 4 Chains
Airlines 68%
52%
40% Top 10 Hotel
Chains 15%

Growing number of smaller airlines, including low-cost airlines, are driving Major hotel chains in Latin America account for only 46% of
this fragmentation total capacity compared to 72% in the United States

Source: Euromonitor, CAPA Center for Aviation, Skift and SiteMinder

Note (1) Includes international and domestic flights. 8
1
… while Attractive Consumer & Economic Trends Support
Online Travel Growth
Secular Ecommerce Growth Driven by Increasing Internet Penetration
Internet Retail Market Size CAGR (%)(1) Internet User Penetration (%)(2)

+1.3x 82% 81%

74% 71%
20% 66%
52% 50%
14% 14%
10% 35%

Western North Asia Latin Asia Latin America Western North America
Europe America Pacific America Pacific Europe
2017E – 2021E 2015 2020E

Strong Regional Economic Rebound And Increasing Credit Card Use as a Means of Payment
Real GDP CAGR (%) Credit Card Transactions CAGR (%)(3)
5.6% 5.3% 9.6%
+2.9x
6.3%
2.6%
2.1% 1.9% 3.5%
1.8% 1.7%
0.9%

Western US Latin America Asia Pacific U.S. Argentina Brazil

Europe
2012 – 2016 2017E – 2021E 2015 – 2020E
Source: Euromonitor
Notes
(1) Retail value (RSVP) including sales tax, at fixed 2016 exchange rates
(2) Percentage of total population using internet
(3) Millions of credit card transactions CAGR calculated for 2015-2020E period
9
 Local Knowledge and Industry Leadership Provide
2
Unique Competitive Advantages

Different Languages, Local Customs and Travel Preferences

Over 20 Different Tax Regimes Across Despegar’s Markets

Transitioning from Cash to Electronic Payments and

Installments

Highly Fragmented Market

Proven Experience in Managing Currency Volatility

Political & Regulatory Intricacies

Complexities of Latin America Market Present Significant Barriers to Entry

10
 Leveraging Air Purchases to Drive Packages, Hotels
2
& Other Products
Differentiated Platform Connecting Customers with Suppliers
Large Market Scalable Technology Full Service Product Offering Broad Supplier
Significant Cross Sell Opportunity
Opportunity Platform & Flexible Financing Base(2)

250+
Airlines Air Products

900+
Car Rentals

200+
Bus Carriers Packages, Hotels &
Latin America Other Products
Travel Market 300K+
Hotels (Including
Vacation Rentals)

250+ Destination Service Suppliers

6 Cruise Lines
7,000+ Activities
Flexible Payments through
Financing Arrangements
with Banking Drive Margin & Profitability
Partners Generated 54% of Revenue in 9M17

Notes
(1) Refers to customers repeat customers who had previously purchased other travel products through Despegar’s platform as of September 30th 2017 11
(2) Inventory figures as of end of June 2017
2 Flexible Payment Solutions Enhance Market Appeal…

Despegar Key Characteristics

1 Primarily Merchant of Record Rather Than Agent

• ~54% of Despegar Transactions in

2 Overlapping Customer Base with Banks
1H2017 were in installments

3 Brand / Scale Attract Partnerships • Installments Paid Upfront to Despegar in

Most Markets(1)

4 Dynamic Marketing Campaigns

• No Collection Risk for Despegar

5 Increase Customers’ Purchase Capacity

Note
(1) In Brazil, we generally receive payment from the installment financing bank only after each scheduled payment due date from the customer (whether or not the makes the scheduled payments to the bank)
12
2 … and Customer Experience

Pay with 1 or 2 credit cards

Pay at destination

More bank options

Installments with no interest Limited time offer

13
2 Broader and Differentiated Competitive Position
Pan Regional Multi-Product Offering Latin American Installment
Brand Insurance + Cars Vacation Customer Focused Payment
and Scale(1) Air + Hotel + Dest. Serv. Rentals Options

Global
OTAs

Local Offline
Travel (Brazil)
Agencies
Pre-Set Packages
(Chile)

(Mexico)

Smaller
Online
Travel
Agencies (Colombia)

(Argentina)

Note 14
(1) Based on presence across Latin America (Argentina, Brazil, Mexico, Chile, Colombia) measured by branded search recognition for September 30th 2017 from Google’s Share of Voice report (Google’s Trend data)
3
Virtuous Cycle Based on Increasing Scale and Brand
Recognition

15
3 Strong Brand Recognition and Awareness

Cumulative Marketing Investment Strong Brand Awareness Drives Direct Traffic to Platform
% Traffic Source by Channel as of 1H2017(2)

US$1Bn+ Invested Since

our Founding(1)

Direct Indirect
~52% ~48%

1999 9M2017 Approximately 9MM user

generated reviews(3)
Notes
(1) Marketing investments include marketing personnel as of June 30th 2017
(2) Includes traffic on desktop website, mobile desktop and mobile App
(3) As of September 30, 2017 16
3 Marketing Dollars Focused on Driving Profitable Growth…

Proven Marketing Investment Strategy… …Drives Growth

(US$MM)
500 65%
Dynamic Budget Allocation
450 60%
$422
$411
55%
Maximize Growth at ROI target 400 $380
50%
350

Custom Attribution Model $300 45%

300
40%
40%
250
Performance Optimization Tailored to our 35%
Business Needs and Markets
200
32% 30%
30% 30%
150
“Always On” Strategy 25%

100 20%
FY15 FY16 9M16 9M17
Cross-Device Insights and Custom Attribution
Model and Bidding Tools Revenue Sales & Marketing % of Revenue

17
3 …And Supporting Our High Brand Recognition
Branded Search Recognition by Country for 3Q2017

Latin America Mexico

27%

22%
13% 11% 15% 14%
9% 12%
8% 9% 7%
4%

1st
Booking Trivago CVC AirBnb Tripadvisor Trivago Bestday AirBnB Expedia Booking

Brazil Chile

28%
32%
18%
14% 16%
11% 12%
7% 8% 7%
4% 6%

CVC Booking Trivago AirBnB Hotel Urbano Booking Falabella Trivago AirBnB Cocha

Argentina Colombia

34%
23%
st
16%1 15%
11%
9% 9% 8% 7% 7%
7% 5%

Booking.com Trivago Almundo AirBnB Tripadvisor Tiquetes Decameron Booking Trivago Atrapalo

Global Player Local Player

18
Source: Google’s Share of Voice report based on Google’s Trend data as of September 30th 2017. Graph shows the relative number of searches of the Brand related keywords.
4
Scalable Technology Platform Built for Continuous
Innovation
~$189MM(3) Invested in Technology and Product Development Over the Last 3 Years

Sophisticated Data Collection and Analytics…

 Tracking search history

 Geolocation
 Personalized landing pages
Supported by 800 Award Winning Personalization
Developers & Mobile Platform And Cross-Selling
Robust User
Technology Centric Team

Professionals

Tracking
Performance
Enhanced Fraud Rapid Product Metrics Self-Managed
Post Sale Experience
Prevention Development
(One update approximately
Mechanisms every 3 minutes)(1)

…To Better Understand Local Customers And Travel Preferences

Notes
(1) From company data, in a period of approximately three months (March 20, 2017 to June 12, 2017) during the first half of 2017
(2) As of June 30, 2017 19
(3) Includes investments in Technology and Product Development during the year ended December 31, 2015 and 2016 and nine months ended September 30, 2017
 4 Our Mobile First Approach

Most Downloaded OTA App in the Region(1) 35+ Million

Apple App Store Google Play App Store
Cumulative App Downloads(2)

Mobile Transactions up +56%

9M16 to 9M17

Share of mobile transactions

+550bps YoY to 29%
9M16 to 9M17

4.4 Stars Rating on Apple App Store

Based on 2.39k reviews(3)

4.4 Stars Rating on Google Play

Source: Internal data
Notes
(1) Despegar believes its iOS App Store and Google Play apps are the most downloaded OTA apps in Latin America for the period from 2012 to 2017 Based on 147,405 reviews(3)
(2) Downloads based on internal data, and as of November 30, 2017. Star ratings as of December 26, 2017 20
(3) Includes reviews for both Despegar and Decolar apps on iOS App Store and Google Play as of end-of-month December 2017
 Differentiated Pricing to Incentivize Specific Customer
4
Behavior
No Discount Exclusive In-App Special Discount for Being Special Discount for Having
Special Discount Logged In as a User Booked a Flight Recently

21
 Experienced Management Team and Blue Chip Investors
5
Focused on Long Term Success
Executive Title Background ExecutiveStructure*
Ownership Title Backgroun

Damián Scokin Chief Executive Officer

20%

Mike Doyle Chief Financial Officer

41%

Gonzalo Estebarena Commercial Director

20%
Sebastián Mackinnon Head of Air

6% 13%
Head of Packages, Hotels
Martín Molinari
and Other Travel Products

Andres Patetta Chief Marketing Officer

Head of Product Mgmt. &

Leandro Malandrini
UX

Alejandro Stein Head of Operations

* Includes vested and unvested employees options of 3.8

million @ $26 per share plus ~0.2 million of vested restricted
shares 22
6 Financial Highlights

1. Operating at Significant Scale in a Rapidly

Growing, Multi-Billion Dollar Market

2. Accelerating Revenue Growth Driven by

Packages and Hotel Segments

3. Strong Transaction Growth Driven by High

Repeat Customer Purchase Activity

4. Operating Leverage Driving Increased

Margins

5. Favorable Working Capital Dynamics

6 Strong Business Momentum in 2017 with Strategic Initiatives
Driving Higher Margin Packages, Hotels and OTPs…

Total Transactions by Segment Gross Bookings

In millions In US$ Bn

8.8 3.9
7.7
7.2
7.5 3.3
6.6
6.3 2.8
3.3 5.2
3.0
5.0
2.7 2.2

2.2 1.7
3.6
3.8 3.3 3.2

2.5 1.1 2.3

4.4 4.3 3.9
1.3
3.0 0.6

'-
'-
2015 2016 9M16 9M17 2015 2016 9M16 9M17

24
 6 … Supporting Revenue Growth and an Increasingly
Diversified Mix…

Total Revenue Revenue Mix Revenue per Transaction

In US$ millions % of total revenue In US$

455.0 1.25

390.0
1
69.3 71.2 74.8
60.8
325.0

0.75 48% 50% 51% 54%

260.0
2015 2016 9M16 9M17
421.7 411.2
195.0
379.9 0.5

300.0
130.0

0.25 52% 50% 49% 46%

65.0

50.1
'- 0 48.4 48.5
2015 2016 9M16 9M17 2015 2016 9M16 9M17 44.9

Air Packages, Hotels & OTPs 2015 2016 9M16 9M17

25
6 … along with Robust Adjusted EBITDA Expansion

Adjusted EBITDA and Adjusted EBITDA margin (%)

In US$ millions and % of revenues

Adjusted EBITDA Margin -9.3% 11.8% 12.5% 16.9%

64.2
48.6
37.4

-39.1

2015 2016 9M16 9M17

26
6 Solid Balance Sheet and Strong Cash Flow Generation

Increase in Cash and Cash Equivalents Cash Flow Cycle In the Pre-Pay / Merchant Business Model
In US$ millions Installments are only offered in transactions sold with the Pre-Pay /
Merchant Model and represent ~54% of total transactions(2)
254
39
12 4 Booking by
10 Customers
-55
-19
1Q16 1Q17 2Q16 2Q17 3Q16 3Q17
Despegar Receives
Average Time Despegar
Cash Excluding IPO Proceeds IPO Proceeds Cash from Customer
Payments to Check-in Pays Supplier

Consolidated Cash Flow Data

In US$ millions
1 2 3 4

2015 2016 9M16 9M17 All

Other
Net cash flow provided by / (used in) operating activities (24.2) (43.3) (60.9) 36.0 Typically less than one month (3) Cash Positive (+)

Net cash flows (used in) / provided by investing activities (81.0) 14.4 24.2 (11.3)
Brazil w/
Installments Scheduled payment due
Net cash flows provided by financing activities 198.8 5.1 3.5 255.3 date from the customer

- Net IPO proceeds 254.3

Effect of FX rate changes on cash and cash equivalents (12.5) (2.4) (2.0) 0.1 Notes
(1) Cash flows timeline for illustrative purposes only. Various factors could cause actual payment timing to differ from those in the
example timeline, including supplier practices, payment method and factoring arrangements
Net Increase/ (decrease) in cash and cash equivalents 81.1 (26.1) (35.3) 280.1 (2) Approximately 54% of our transactions in 1H2017 were paid by installment
(3) In all markets except Brazil, we typically receive payment in less than one month after booking
27
6 Operating Model

2015 2016 9M16 9M17

Revenue as % of Gross
Bookings
11.7% 12.6% 13.3% 11.9%

Gross Profit 63.4% 69.2% 68.9% 72.6%

Selling & Marketing 40.3% 29.5% 29.7% 31.6%

Technology & Product

Development
17.4% 15.4% 15.7% 13.7%

General & Administrative 18.5% 15.7% 14.2% 13.9%

Adjusted EBITDA(2) -9.3% 11.8% 12.5% 16.9%

Notes
(1) As a percentage of revenue unless otherwise stated
(2) Adjusted EBITDA removes the effects of Depreciation, Amortization and Share Based Compensation expense; refer to last page for EBITDA reconciliation
(3) Based on unaudited consolidated financial statements for the nine months ended September 30, 2017 28
 Strategic Priorities Driving Growth and Leadership

INCREASE CONSUMER REPEAT PURCHASE RATE

ENGAGEMENT

EXPAND REACH
ADDRESS NEW CUSTOMERS
IN THE REGION

ENHANCE PRODUCT CAPTURE HIGH SHARE OF

OFFERING & CROSS-SELL WALLET
DEEPEN RELATINOSHIPS INCREASE & OPTIMIZE
WITH SUPPLIERS
INVENTORY
FURTHER INVESTMENT IMPROVE CUSTOMER
IN MOBILE PRODUCTS
EXPERIENCE
INVEST IN IT & DATA TO DRIVE EXPAND MARGINS
OPERATIONAL EFFICIENCY

PURSUE STRATEGIC BROADEN PLATFORM &

ACQUISITIONS MARKET SHARE GAIN
29
Appendix
Key Financial & Operating Trended Metrics
(in thousands U.S. dollars, unless otherwise stated)

1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17

FINANCIAL RESULTS
Revenue $95,115 $98,797 $106,088 $111,162 $124,999 $123,462 $131,468

Cost of revenue 33,494 33,752 26,150 33,279 31,140 35,087 37,869

Gross profit 61,621 65,045 79,938 77,883 93,859 88,375 93,599

Operating expenses
Selling and marketing 28,577 29,133 31,374 32,382 35,546 43,289 41,097
General and administrative 15,186 13,960 13,576 21,961 18,869 18,618 15,318
Technology and product development 15,561 15,942 15,718 16,030 15,408 17,644 18,907
Total operating expenses 59,324 59,035 60,668 70,373 69,823 79,551 75,322

Operating income 2,297 6,010 19,270 7,510 24,036 8,824 18,277

Net financial income (expense) (386) (3,653) (850) (1,863) (6,156) (1,611) (2,880)
Net income before income taxes 1,911 2,357 18,420 5,647 17,880 7,213 15,397
Income tax expense 2,646 2,178 4,067 1,647 2,486 3,806 4,190
Net income /(loss) (735) 179 14,353 4,000 15,394 3,407 11,207

Net income/ (loss) ($735) $179 $14,353 $4,000 $15,394 $3,407 $11,207
Add (deduct):
Financial expense, net 386 3,653 850 1,863 6,156 1,611 2,880
Income tax expense 2,646 2,178 4,067 1,647 2,486 3,806 4,190
Depreciation expense 1,265 1,263 1,450 1,111 1,343 1,362 1,337
Amortization of intangible assets 1,728 1,918 2,060 2,129 1,517 2,039 2,454
Share-based compensation expense 50 50 50 424 1,176 930 959
Adjusted EBITDA $5,340 $9,241 $22,830 $11,174 $28,072 $13,155 $23,027

Net Increase (Decrease) in Cash & Cash

($55,203) $38,656 ($18,707) $9,106 $12,314 $3,825 $263,911 31
Equivalents
Key Financial & Operating Trended Metrics (cont.)
(in thousands U.S. dollars, unless otherwise stated)

1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17

KEY METRICS
Operational

Number of transactions 1,632 1,706 1,839 2,035 2,129 2,210 2,298

- YoY growth (6%) (8%) (9%) (3%) 30% 30% 25%
Air 927 1,009 1,089 1,225 1,246 1,325 1,328
- YoY growth (1%) (4%) (4%) (3%) 34% 31% 22%
Packages, Hotels & Other Travel Products 704 697 750 810 883 885 970
- YoY growth (13%) (12%) (16%) (2%) 25% 27% 29%

Gross bookings $661,577 $755,413 $844,782 $998,462 $1,019,102 $1,061,026 $1,116,022

- YoY growth (19%) (13%) (10%) 3% 54% 40% 32%
Revenue per transaction $58.3 $57.9 $57.7 $54.6 $58.7 $55.9 $57.2
- YoY growth 5% 4% 8% 0% 1% (4%) (1%)
Air $44.8 $50.2 $50.1 $48.1 $44.8 $46.0 $44.1
- YoY growth (11%) (4%) 4% (4%) (0%) (8%) (12%)
Packages, Hotels & Other Travel Products $76.1 $69.1 $68.6 $64.4 $78.4 $70.7 $75.2
- YoY growth 23% 16% 13% 5% 3% 2% 10%
ASP $405 $443 $459 $491 $479 $480 $486
- YoY growth (13%) (6%) (1%) 6% 18% 8% 6%

32
 Unaudited Consolidated Balance Sheets
(in thousands U.S. dollars)

As of September 30, 2017 As of December 31, 2016 As of September 30, 2017 As of December 31, 2016

ASSETS LIABILITIES AND SHAREHOLDERS’ DEFICIT

Current assets Current liabilities
Cash and cash equivalents $356,018 $75,968 Accounts payable and accrued expenses 39,512 25,335

Restricted cash and cash equivalents 30,020 22,738 Travel suppliers payable 132,502 102,237

Accounts receivable net of allowances 160,061 121,098 Related party payable 80,962 71,006

Related party receivable 4,581 2,240 Loans and other financial liabilities 8,092 7,179

Other current assets and prepaid expenses 32,837 27,184 Deferred Revenue 24,003 29,095

Total current assets 583,517 249,228 Other liabilities 51,961 49,686

Non-current assets Contingent liabilities 4,546 3,613

Restricted cash and cash equivalents 10,000 20,459 Total current liabilities 341,578 288,151
Property and equipment net 15,413 13,717 Non-current liabilities
Intangible assets net 34,236 31,412 Other liabilities 1,302 409

Goodwill 40,023 38,894 Contingent liabilities 10,011 22,413

Total non-current assets 99,672 104,482 Related party liability 125,000 125,000

TOTAL ASSETS 683,189 353,710 Total non-current liabilities 136,313 147,822

TOTAL LIABILITIES 477,891 435,973

SHAREHOLDERS’ EQUITY (DEFICIT)

Common stock 1 254,311 6
Additional paid-in capital 315,220 312,155
Other reserves (728) (728)
Accumulated other comprehensive income 16,469 16,286
Accumulated losses (379,974) (409,982)
Total Shareholders' Equity Attributable to
205,298 (82,263)
Despegar.com Corp
TOTAL LIABILITIES AND SHAREHOLDERS’
683,189 353,710
EQUITY
1. Represents 58,518 (at USD 0.0001) and 10,579 (issued at USD 26, incorporated at USD 24, net of issuance expenses) thousands
shares issued and outstanding at Septemb er 30, 2017 and 58,518 (at USD 0.0001) thousands shares issued and outstanding at
Decemb er 31, 2016.
33
Investor Relations Contact
Ines Lanusse
IR and External Communications Manager
Phone: (+5411) 4894 3582
E-mail: investorelations@despegar.com