Jonathan on for Tyler Batory's questions to VVI leadership • Q1 2024
Question
Asked for an update on GES's path to recovering pre-pandemic square footage and the sustainability of its pricing power. Also inquired about real-time booking trends for Pursuit and any signs of consumer weakness, as well as future expansion plans for FlyOver.
Answer
The executive stated that GES's square footage recovery is on track to continue through 2025, and pricing power remains strong, expected to continue in the mid-single digits. For Pursuit, there are no signs of consumer weakness; booking trends are strong. Regarding FlyOver, the Toronto project is progressing, but the current focus is on existing locations and organic growth opportunities rather than new market expansion.