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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.
Access authoritative coverage of Viad's financial announcements, strategic partnerships, and operational milestones. Our curated collection includes earnings reports, acquisition updates, leadership changes, and innovations in brand activation technologies. Each release is verified for accuracy and contextualized within Viad's dual focus on exhibition services and destination experiences.
Monitor critical updates across Viad's key markets in North America, Europe, and the UAE. Track developments in GES event production capabilities and Pursuit's hospitality offerings through structured, search-optimized content. Bookmark this page for efficient tracking of VVI's market position within the S&P SmallCap 600 index.
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.
Pursuit (NYSE: PRSU) reported its Q4 and full-year 2024 results following its transformation into a pure-play attractions and hospitality company after selling GES for $535 million. The company achieved full-year revenue of $366.5 million, up 4.6% year-over-year, despite challenges from the Jasper wildfire.
Key financial highlights include:
- Net income of $368.5 million, largely due to $421.9 million pre-tax gain from GES sale
- Adjusted EBITDA of $77.1 million
- Strong balance sheet with $49.7 million cash and near-zero net leverage
- New $200 million undrawn revolving credit facility
The company completed three strategic acquisitions for $34 million in 2024 and opened new attractions including Flyover Chicago. For 2025, Pursuit expects adjusted EBITDA of $98-108 million, representing substantial growth of $21-31 million compared to 2024.
Pursuit Attractions and Hospitality (NYSE: PRSU) has rescheduled its fourth quarter and full year 2024 earnings release to March 11, 2025, after market close. The company will host a conference call at 5 p.m. Eastern Time on the same day.
The delay in earnings release is attributed to the need for additional time to complete discontinued operations accounting procedures for GES, which was divested on December 31, 2024.
The earnings call will be accessible through a live audio webcast in the company's website's 'Events & Presentations' section, where the earnings press release and presentation will be posted. Participants can also join via phone or pre-register to avoid wait times.
Pursuit (NYSE: PRSU) and other leading tourism companies have collectively pledged over $5.5 million to support Jasper's recovery from last summer's wildfires and promote sustainable tourism growth. The initiative includes $3 million from Pursuit, $1.5 million from Fairmont Jasper Park Lodge, $1 million from Rocky Mountaineer, and approximately $300,000 from Jasper Brewing and Maligne Range.
The funds will be managed through trusted community organizations including the Banff Community Foundation and Jasper Community Team Society, focusing on high-impact recovery projects, local businesses, and community programs. The initiative aims to strengthen Jasper's position as a premier travel destination and support the community's long-term prosperity.
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