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Pursuit Attractions and Hospitality (VVI) investor relations material
Pursuit Attractions and Hospitality Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary6 Aug, 2025
Executive summary
Achieved strong double-digit year-over-year growth in Q2 2025 for revenue, income from continuing operations, and adjusted EBITDA, driven by robust guest demand, higher ticket prices, and strategic acquisitions including Tabacón Thermal Resort & Spa.
Raised full-year 2025 guidance, reflecting continued momentum, successful execution of the Refresh, Build, Buy strategy, and favorable FX trends.
Completed the sale of the GES Business, transforming into a pure-play attractions and hospitality company.
Peak activity remains highly seasonal, with 77% of annual revenue earned in Q2 and Q3.
Financial highlights
Q2 2025 revenue reached $116.7M, up 15.4% year-over-year, with strong growth in ticket, room, food & beverage, and retail revenues.
Adjusted EBITDA for Q2 2025 was $29.7M, up 49% year-over-year, with margin improvement and strong flow-through.
Adjusted net income was $10.1M, up from $0.2M year-over-year; net income attributable to continuing operations was $4.5M, up from a $0.4M loss.
Diluted EPS from continuing operations was $0.16 in Q2 2025 versus $0.04 in Q2 2024; total diluted EPS was $0.20 versus $0.98.
Operating expenses rose 4.6% year-over-year in Q2 2025, driven by higher transaction volumes and inflationary costs.
Outlook and guidance
Full-year 2025 adjusted EBITDA guidance raised to $108M–$118M, a $10M increase, including $7M from FX and $3M from Tabacón; revenue guidance implies ~20% growth at midpoint.
Growth capex expected at $38M–$43M, with total capex of $71M–$76M for 2025.
Management expects existing liquidity to be sufficient for at least the next 12 months and longer term.
Guidance assumes continued strong demand, Jasper recovery, and positive FX trends.
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Next Pursuit Attractions and Hospitality earnings date
Q3 20255 Nov, 2025
Next Pursuit Attractions and Hospitality earnings date
Q3 20255 Nov, 2025
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Viad Corp. (Viad) operates as an experiential leisure travel and live events and marketing services company. The company provides online marketing products and services to cruise lines, hotels, restaurants, and retail establishments; media assets comprising interactive television technology, publisher of travel-related interactive text information and graphics that enable customers to view advertisements on screens located in public places; electronic commerce streaming video products comprised of Website/intranet, video-on-demand, pay-per-view, and real time feed through telephone lines offering packages to films or sporting events; and consumer directed fly/drive corporate incentive packages to major corporations worldwide.
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