Pursuit Attractions Reports Q3 2026 Growth Driven by Pricing and Acquisitions
Pursuit Attractions (PRSU) reported strong third-quarter 2026 financial results, with revenue rising 4.4% year-over-year to $251.5 million. This growth was fueled by the acquisition of Eagle Wing Tours and geographic expansion, which helped offset the impact of the Flyover divestiture. Despite weather-related visitation headwinds caused by smoke in Canada, the company achieved significant margin expansion, with Adjusted EBITDA increasing 7% to $125.5 million. The company demonstrated strong pricing power, noting a 9% increase in same-store effective ticket prices and a 7% rise in Average Daily Rate (ADR) for lodging. Management narrowed its full-year 2026 Adjusted EBITDA guidance to a range of $130 million to $136 million, signaling confidence in mid-to-high single-digit growth. With a low net leverage of 0.6x and over $300 million in planned organic growth investments through 2030, the company remains focused on long-term capital appreciation.
Tickers: $PRSU
Topics: acquisition divestiture EBITDA EPS revenue growth