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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.
Pursuit Sells Flyover Attractions Business for Approximately $78.4 Million
On January 21, 2026, Pursuit entered into an agreement to sell its Flyover Attractions business to Brogent Technologies Inc. for approximately $78.4 million, subject to customary adjustments, representing an implied multiple of approximately 15x Flyover's 2025 Adjusted EBITDA contribution. The transaction is expected to close in May 2026, subject to regulatory approvals and customary closing conditions. This divestiture further sharpens Pursuit's strategic focus on its core portfolio of iconic sightseeing attractions and destination-anchored hospitality in the world's most compelling destinations. The proceeds will be used to reduce revolver debt and reinvest into high-return organic growth projects and strategic acquisitions aligned with Pursuit's core strategy.
Pursuit Q1 Revenue Reaches $51.6M, Exceeds Expectations
Reports Q1 revenue $51.6M, consensus $47.41M. "We delivered record first quarter results and continue to execute against our Vision 2030 strategy with a consistent and disciplined playbook that has delivered double-digit compound annual growth over the past decade," said David Barry, Pursuit president and chief executive officer. "We are delivering business growth through our relentless focus on team member and guest experience, and we're investing in ourselves through low-risk growth investments in well-instrumented businesses to make experiences better and guests happier, which in turn drives profitability. Additionally, we continue to actively pursue acquisitions to broaden our portfolio of experiential infrastructure in iconic locations while opportunistically repurchasing stock at compelling valuations."
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