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PRSU-News
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Pursuit Attractions Submits Proposal for Glacier View Tram Special Use Permit
Pursuit Attractions has submitted a proposal to the U.S. Forest Service for a Special Use Permit for the development and operation of the Glacier View Tram, a sightseeing aerial tramway on the north slopes of Columbia Mountain in the Flathead National Forest near Hungry Horse, Montana and Glacier National Park. Glacier View Tram is being proposed as a year-round mountain sightseeing experience designed to connect people with the landscape, including visitors who cannot safely or practically reach higher elevations on foot. Consisting of two 100-passenger cabins, the tram would transport guests to a station just below the summit of Columbia Mountain, ascending more than 3,000 vertical feet in roughly six minutes. The project would be financed by Pursuit and would not require taxpayer funding for construction or operation. The land would remain federally managed public land. The Glacier View Tram is estimated to support approximately 230 jobs through construction and ongoing operations, along with additional employment across the region. The analysis considers activity related to maintenance, transportation, guest services and other local spending. Pursuit, which previously operated as Glacier Park, has operated in northwest Montana for more than six decades and employs over 1,000 people across the region.
Pursuit Reports Q2 Revenue of $133.49M, Beating Consensus
Reports Q2 revenue $133.49M, consensus $122.09M. "We delivered meaningful financial growth during the second quarter while continuing to execute at a high level operationally and strategically," said David Barry, Pursuit president and chief executive officer. "By delivering exceptional guest experiences and driving disciplined growth across geographies, we achieved a 14% year-over-year increase in second quarter revenue." Barry continued, "Tabacon is a terrific acquisition and continues to deliver stronger year-over-year results, highlighting the value of investing in experiential assets in iconic destinations. Our recent acquisition of Eagle Wing Tours further strengthens our portfolio and reflects our approach to disciplined capital deployment. With strong advance bookings heading into our peak season, we are confident in our growth outlook for the balance of the year and are increasing our full year guidance to reflect incremental contributions from the Eagle Wing Tours acquisition and from Flyover prior to the recently completed sale of that business."
Pursuit to Develop Three Luxury Villas at Tabacon
Pursuit Attractions and Hospitality announced plans to develop three premium guest accommodation villas at Tabacon Thermal Resort & Spa, representing the first major organic growth investment at Tabacon since acquiring the award-winning Costa Rican resort in July 2025. The expansion reflects Pursuit's Vision 2030 strategy of creating long-term shareholder value through disciplined organic growth investments that enhance market-leading guest experiences, alongside strategic acquisitions in iconic destinations.
Pursuit Attractions Acquires Eagle Wing Tours to Expand Business
Pursuit Attractions and Hospitality has acquired Eagle Wing Tours, a Victoria, British Columbia-based whale watching and marine wildlife experience, expanding its portfolio into one of Canada's most visited and resilient tourism destinations and advancing its strategy of investing in iconic experiences in markets with strong long-term demand. The acquisition marks Pursuit's entry into the Vancouver Island market, a globally recognized destination known for its marine wildlife, natural beauty, vibrant communities and year-round visitor appeal. Victoria welcomes nearly five million visitors annually, highlighting the strength of the region's visitor economy. Founded in Victoria in 1997, Eagle Wing Tours is a locally rooted operator known for its exceptional guest experience, marine wildlife interpretation and longstanding commitment to responsible tourism. Operating from Fisherman's Wharf, the company welcomes over 50,000 guests annually through a fleet of five vessels and has built a reputation for connecting visitors and local students to the Salish Sea through conservation-focused interpretation and responsible wildlife viewing practices. The acquisition reflects Pursuit's Vision 2030 growth strategy, which focuses on driving long-term value through organic growth investments and strategic acquisitions in iconic destinations. By investing in market-leading experiences and exceptional places, Pursuit continues to expand its portfolio of attractions and hospitality experiences across Canada, the United States, Iceland and Costa Rica, serving millions of guests annually in some of the world's most sought-after destinations. The transaction closed on July 14, 2026.
Company Reaffirms 2026 Outlook, Adjusted EBITDA Guidance $123M-$133M
Consensus $465.05M. Sees adjusted EBITDA $123M-$133M. "We are reaffirming our full year revenue and Adjusted EBITDA guidance based on our solid first quarter and sustained positive indicators of consumer demand across our experiences and destinations for the balance of the year. We remain confident in our 2026 outlook," said Barry.
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