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Viad Corp (NYSE: VVI) delivers innovative experiential marketing solutions through its global network of event production and attractions services. This news hub provides investors and industry professionals with comprehensive updates on corporate developments shaping the live events and hospitality sectors.
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Pursuit (NYSE: PRSU) will release financial results for the quarter ended September 30, 2025 after market close on Wednesday, November 5, 2025. The company will host a conference call at 5:00 p.m. Eastern Time the same day to review results and provide business updates.
A live audio webcast in listen-only mode will be available via the company website "Events & Presentations" page. Dial-in access: (646) 844-6383 or (833) 470-1428 with access code 301890. Participants can pre-register to receive unique entry codes and a calendar invite via the provided registration link. A replay will be posted on the website and temporarily available by phone with access code 794695.
Pursuit (NYSE:PRSU) has successfully amended its 2025 Credit Facility, increasing its revolving credit facility by $100 million to $300 million total and extending the term to September 25, 2030. The amendment includes favorable terms such as an increased maximum net leverage ratio to 3.0x and removal of the SOFR borrowing credit spread adjustment.
Led by Bank of America with participation from BMO, KeyBank, and Truist Bank, the enhanced facility will support Pursuit's Refresh, Build, Buy strategy, with over $250 million of identified organic growth investments and acquisition opportunities in the pipeline.
Pursuit (NYSE:PRSU) has acquired complete ownership of its Glacier Park subsidiary by purchasing the remaining 20% stake for $13 million from the Maughan family trust. The subsidiary operates nine lodging properties and various dining and retail outlets near Glacier National Park.
The transaction eliminates a $19 million noncontrolling interest liability from Pursuit's balance sheet as of June 30, 2025. The company previously held an 80% controlling stake in the subsidiary, which has been operating since the early 1980s. Pursuit confirmed that there will be no operational or management changes to its Glacier Park Collection following this acquisition.
Pursuit (NYSE:PRSU) reported strong Q2 2025 results with revenue increasing 15.4% to $116.7 million and adjusted EBITDA growing 49.2% to $29.7 million year-over-year. The company saw significant growth in both visitor numbers and revenue per visitor, with attraction ticket prices up 11% and lodging RevPAR growing 9% on a same-store basis.
Key developments include the $111 million acquisition of Tabacón Thermal Resort & Spa in Costa Rica and a new $50 million share repurchase authorization. The company raised its full-year 2025 guidance, now expecting adjusted EBITDA of $108-118 million, up $10 million from previous guidance, driven by strong performance, favorable exchange rates, and the Tabacón acquisition.
Pursuit Attractions and Hospitality (NYSE:PRSU) has scheduled its second quarter 2025 earnings release and conference call for August 6, 2025. The company will release its financial results for the quarter ended June 30, 2025, after market close, followed by a conference call at 5:00 PM Eastern Time.
Investors can access the live audio webcast through the company's website's "Events & Presentations" section, where the earnings press release and presentation will also be available. The call can be accessed by dialing (404) 975-4839 or (833) 470-1428 with access code 003370. Pre-registration is available to bypass operator wait times.
Pursuit Attractions and Hospitality (NYSE:PRSU) has announced the acquisition of Tabacón Thermal Resort & Spa in Costa Rica, marking its strategic entry into its fourth country of operation. The acquired property spans 570 acres of rainforest and features Costa Rica's largest network of naturally flowing hot springs.
The luxury retreat includes a five-star eco-luxury resort with 105 rooms, an internationally renowned spa, culinary experiences, and the nearby Choyín Río Termal hot springs attraction. Tabacón holds a five-star rating from the Costa Rican Tourism Institute and has achieved the Elite Level certification in sustainability.
This acquisition aligns with Pursuit's "Refresh, Build, Buy" strategy and provides counter-seasonal benefits to its North American operations through year-round demand. The company views this as a foundational investment to potentially develop a broader Costa Rica collection.
Pursuit Attractions and Hospitality (NYSE: PRSU) has scheduled its first quarter 2025 earnings release for Thursday, May 8, 2025, after market close. The company will host a conference call at 5 p.m. Eastern Time to discuss financial results for the quarter ended March 31, 2025 and provide business updates.
Investors can access the live audio webcast through the company's website's 'Events & Presentations' section. The call can also be joined by dialing (404) 975-4839 or (833) 470-1428 with access code 015320. Pre-registration is available to bypass operator wait times. A replay will be accessible on the website and via phone using access code 639824.
Pursuit (NYSE: PRSU) has announced the appointment of Cathy Tang as Chief Legal Officer and Corporate Secretary, effective March 24, 2025. Tang joins from Krispy Kreme, where she served as Senior VP, Chief Legal Officer, and Corporate Secretary, playing a key role in their 2021 IPO.
Tang brings over two decades of experience from Yum! Brands, where she held senior positions including Global Chief Branding Counsel and Chief Legal Officer of KFC U.S. In her new role at Pursuit, she will lead the company's legal strategy, including corporate governance, acquisitions, compliance, and labor matters.
Pursuit operates 15 world-class point-of-interest attractions and 28 distinctive lodges with integrated restaurants, retail, and transportation services across the United States, Canada, and Iceland.