Pursuit Attractions and Hospitality reported record third quarter 2026 results, exceeding analyst consensus for both revenue and adjusted earnings. Performance was driven by strong yield optimization and sustained demand for experiential travel in iconic locations, resulting in 9% same-store growth for both attraction ticket pricing and lodging revenue per available room (RevPAR).
Key Highlights
- Record revenue reached $251.5 million, a 4.4% increase year-over-year, or 6% growth when excluding the impact of the Flyover divestiture and Eagle Wing acquisition.
- Adjusted EBITDA rose 7% to $125.5 million, with margins expanding 120 basis points to 49.9% due to disciplined cost management and pricing power.
- The company narrowed its full year 2026 Adjusted EBITDA guidance to a range of $130 million to $136 million, maintaining the midpoint of $133 million.
- Strategic portfolio optimization continued with the $75 million sale of the non-core Flyover business and the formal proposal for the year-round Glacier View Tram sightseeing attraction.