Pursuit Attractions & Hospitality (PRSU) Company Report

PRSU delivered record third quarter 2025 results, with Total Revenue of $241.0 million and Adjusted EBITDA of $117.4 million , representing increases of ~32% and ~42% respectively compared to Q3 2024.
The company raised its full year 2025 Adjusted EBITDA guidance to a range of $116 million to $122 million, an increase of $6 million at the mid-point from prior guidance.
Operational highlights include a 22% increase in Attraction Visitors to 1,981 thousand and a 6% increase in Same-Store Hospitality RevPAR to $281 in Q3 2025.
As of September 30, 2025, PRSU maintained a strong financial position with $274 million in liquidity and a Net Leverage of 0.7x.

Nov 5, 2025, 10:00 PM

PRSU Reports Record Q3 2025 Results and Raises Full-Year Guidance

PRSU

Earnings

Guidance Update

M&A

PRSU reported record-breaking third quarter 2025 results, with total revenue reaching $241 million, up 32% year-over-year, and adjusted EBITDA increasing by 41.5% to $117.4 million.
Based on this exceptional performance, the company raised its full-year 2025 adjusted EBITDA guidance to a range of $116 million-$122 million.
The company maintains a strong balance sheet with $274.4 million in total liquidity and a net leverage ratio of 0.7 times as of September 30, 2025, supporting its growth strategy, including the $13 million acquisition of the remaining 20% minority interest in Glacier Park.
PRSU is well-positioned for continued growth in 2026, with strong demand indicators from tour and travel partners and an early booking pace ahead of prior years.

Nov 5, 2025, 10:00 PM

Pursuit Attractions and Hospitality, Inc. Reports Record Q3 2025 Results and Raises Full-Year Guidance

PRSU

Earnings

Guidance Update

M&A

Pursuit Attractions and Hospitality, Inc. reported record third quarter 2025 results, with revenue of $241.0 million, a 32.2% increase from Q3 2024, and Adjusted EBITDA of $117.4 million, up 41.5% year-over-year.
Net Income Attributable to Pursuit for Q3 2025 rose 51.9% to $73.9 million, resulting in Diluted EPS Attributable to Pursuit of $2.60, a 57.6% increase.
The company raised its full-year 2025 adjusted EBITDA guidance to a range of $116 million to $122 million, an increase of $6 million at the midpoint from prior guidance.
As of September 30, 2025, total liquidity stood at $274.4 million, with a net leverage ratio of 0.7x, and $124 million was invested in acquisitions during 2025, including the $111 million acquisition of Tabacón Thermal Resort & Spa.