Pursuit Attractions & Hospitality Reports 14.3% Revenue Growth in Q2 2026

Pursuit Attractions & Hospitality, Inc. reported a significant increase in financial performance for the second quarter of 2026, with total revenue reaching $133.5 million, a 14.3% increase from $116.7 million in the same period last year. The company’s net income attributable to Pursuit stockholders was $15.2 million, or $0.55 per share, compared to $5.6 million, or $0.20 per share, in the prior year. For the first half of 2026, total revenue was $185.1 million, up 20% from $154.3 million in the first half of 2025, while the net loss attributable to Pursuit stockholders improved to $9.8 million from a loss of $25.5 million in the same period last year.

The company experienced notable changes in its operational metrics, with attractions revenue increasing by 4.2% in the second quarter, driven by a 7.7% rise in revenue per visitor. Hospitality revenue surged by 23.4%, largely due to the acquisition of Tabacón Thermal Resort & Spa, which contributed $7.1 million in incremental revenue. The number of visitors to Pursuit's attractions decreased slightly by 3.4% to 1.1 million, while the average daily rate (ADR) for hospitality properties rose by 19.1% to $264.20, reflecting strong demand for its offerings.

Strategically, Pursuit made significant acquisitions and divestitures during the reporting period. On July 14, 2026, the company acquired Eagle Wing Tours Ltd. for approximately $17 million, enhancing its portfolio of attractions. Conversely, Pursuit completed the sale of its Flyover attractions to Brogent Technologies for $75 million on July 31, 2026. The financial results of Eagle Wing will be consolidated from the acquisition date, while the Flyover attractions were classified as held for sale as of June 30, 2026.

Operationally, Pursuit's employee headcount remained stable, and the company reported a total of 29 distinctive lodges and 14 attractions across various regions, including the U.S., Canada, Iceland, and Costa Rica. The company’s liquidity position improved, with cash and cash equivalents increasing to $33.9 million as of June 30, 2026, alongside available capacity under its revolving credit facility of $124.2 million. The company anticipates continued growth, supported by its strategic investments and acquisitions, while also managing the impacts of seasonality and market conditions on its operations.

Looking ahead, Pursuit expects to maintain its growth trajectory, with planned capital expenditures of approximately $103 million to $114 million for 2026, including investments in high-return projects. The company remains focused on enhancing its operational efficiency and expanding its market presence, while navigating potential challenges such as economic fluctuations and competitive pressures in the attractions and hospitality sectors.