Despegar.com, Corp. (NYSE:DESP) will look for acquisitions. Amit Singh, Chief Financial Officer, added that "Additionally, robust operating cash flow and a growing cash position give us the financial flexibility to continue investing in technology and growth initiatives that generate higher shareholder returns.

In the same vein, we intend to use Despegar's strong balance sheet to our strategic advantage to make select acquisitions that will enhance our travel ecosystem and offerings as well as strengthen Despegar's competitive moat. Guiding our investments and operating decisions are our primary objectives: achieving sustainable profitable growth at industry leading levels, maintaining an agile, streamlined and cost-effective structure, and continuously enhancing our cash generation capabilities?.