NEW YORK, Dec. 30, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Despegar.com, Corp. (NYSE: DESP), relating to the proposed merger with Prosus. Under the terms of the agreement, Prosus will acquire Despegar for $19.50 per share in an all-cash transaction, representing an enterprise value of approximately $1.7 billion for Despegar.Click here for more https://monteverdelaw.com/case/despegar-com-corp-desp/. It is free and there is no cost or obligation to you.NOT ALL LAW FIRMS ARE THE SAME

The travel industry is very complex and many hoping that artificial intelligence may present solutions to that complexity.The Bridge session at The Phocuswright Conference examined the next generation of products and services enabled by new-age travel technology, particularly focusing on the role of AI’s role in enhancing customer recommendations, automating tasks and improving product reliability. The panel, which included Mike McGearty, co-founder and CEO of Meili, Damian Scokin, CEO of Despegar and Ross Veitch, co-founder and CEO of Wego Group, looked at how generative AI is improving recommendations. “Travel is still, frankly, too complicated. It’s too hard. And the AI-powered systems are going to be a huge weapon to help us solve a lot of these pain points throughout the whole journey,” Veitch said.McGearty highlighted the beneficial contributions of large language models (LLMs) to travel. “It covers everything from better analytics to better security and just helping people to do their job in a much more efficient way, and helping the customer, which is key,” he said.The speakers agreed that the cost-saving benefits of using AI-enabled tools to manage the business ultimately benefit travelers

MILWAUKEE-(BUSINESS WIRE)-Ademi LLP is investigating Despegar (NYSE: DESP) for possible breaches of fiduciary duty and other violations of law in its transaction with Prosus.