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Pursuit Attractions & Hospitality, Inc. 8K

0001193125-26-335125

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Pursuit Attractions and Hospitality, Inc. reported record Q2 2026 results, raised full-year 2026 guidance, and disclosed the acquisition of Eagle Wing Tours and the completed sale of its Flyover Attractions business, alongside an expanded growth investment program.

On August 5, 2026, Pursuit Attractions and Hospitality, Inc. reported record second quarter 2026 results, highlighted by 14.3% year-over-year revenue growth to $133.5 million, a near-tripling of net income attributable to Pursuit to $15.2 million, and a $3.0 million increase in Adjusted EBITDA to $32.7 million, while also providing an updated 2026 outlook that raises full-year revenue and Adjusted EBITDA guidance by $5 million at the midpoint. The company detailed strong performance from its July 2025 Tabacón acquisition, ongoing organic growth in its core experiences, a solid balance sheet with $160.9 million in liquidity and net leverage of 1.5x (approximately 1x pro forma for recent transactions), and continued share repurchases under a $100 million authorization. Pursuit also announced strategic portfolio moves, including the C$23.9 million acquisition of Eagle Wing Tours in Victoria, British Columbia, on July 14, 2026, at an approximate 6.5x Adjusted EBITDA multiple, and the July 31, 2026 completion of the $75 million sale of its non-core Flyover Attractions business to Brogent Technologies Inc. at an implied 14.5x 2025 Adjusted EBITDA multiple, with proceeds earmarked to reduce revolver borrowings and fund high-return growth investments. In addition, management outlined a 2026 capital plan with $103–$114 million of total capex, including $70–$80 million of growth capex within a broader Vision 2030 strategy to deploy over $300 million into organic projects such as Jasper SkyTram, Banff Gondola, Denali Backcountry Adventure, Tabacón Villas, and multiple North American lodge renovations to enhance guest experience and capacity, and it scheduled a same-day earnings conference call for investors.

Filing Facts

CIK
884219
Ticker
-
Form
8K
Source Type
sec
Accession
0001193125-26-335125
Alert Tier
7
Pursuit Attractions & Hospitality, Inc. 8K | ATTN