Record-Breaking Third Quarter Revenue
Pursuit delivered a record third quarter with total revenue of $241 million, up 32% year-over-year, driven by a strong recovery in Jasper and robust demand across geographies.
Increased Full Year 2025 Guidance
The company raised its full year 2025 adjusted EBITDA guidance by $6 million at the midpoint, now expecting adjusted EBITDA to be in the range of $116 million to $122 million.
Strong Adjusted EBITDA Growth
Adjusted EBITDA increased by $34.4 million or 41.5% year-over-year to $117.4 million, reflecting significant revenue growth and strong cost management.
Expansion and Investment Strategy
Pursuit continues to invest in organic growth and acquisitions with a robust pipeline of $250 million in refresh and build opportunities over the next 6 years.
Successful Integration of Tabacon Acquisition
Tabacon, a world-class destination in Costa Rica, was successfully integrated, contributing $6.3 million in revenue for the quarter and expected to drive future growth.