Despegar to acquire Best Day for $76m.

Despegar, the online travel company in Latin America, agreed to acquire Best Day, a travel agency in Mexico, for $76m. “At Best Day Travel Group we are very proud of this transaction. We have been operating in the market for over 35 years, and the fact that a company like Despegar, the leader in the Latin American travel market, sees in us an opportunity to strengthen their value proposition in the Mexican market, speaks clearly about the capabilities we have built. For the Best Day team, it is an opportunity to enhance those capabilities to continue offering customers unique experiences with the travel company that has innovated like no other in the region over the last 20 years,” Julian Balbuena, Best Day President of the Board.