Viad Corp
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- Viad Corp (NYSE: VVI), through its Pursuit segment, owns and operates a portfolio of attractions and hospitality experiences in iconic destinations across the United States, Canada, Iceland, and Costa Rica. Pursuit features 17 world-class point-of-interest attractions, 29 distinctive lodges, integrated restaurants, retail outlets, and transportation services that enable visitors to explore national parks and renowned travel locations, including FlyOver attractions, sightseeing tours, dining experiences, and guided adventures; its Refresh, Build, Buy strategy drives growth through asset improvements, new developments, and strategic acquisitions. The company, founded in 1926 as Motor Transit Corporation and headquartered in Scottsdale, Arizona, targets leisure travelers, tour operators, and experiential tourism customers. In a transformative strategic shift, Viad Corp completed the sale of its GES (Global Experience Specialists) segment, a provider of exhibition and live event services including logistics, creative design, audiovisual production, and lead generation, to Truelink Capital on December 31, 2024, establishing Pursuit as an independent, pure-play attractions and hospitality business trading under the ticker PRSU. Pursuit has accelerated its growth with recent tuck-in acquisitions such as the $111 million purchase of Tabacón Thermal Resort & Spa in Costa Rica, Jasper SkyTram, and other Glacier Park Collection assets in 2024 and 2025, alongside a new $50 million share repurchase authorization and raised 2025 guidance projecting adjusted EBITDA of $116 million to $122 million. These moves enhance Pursuit's high-margin portfolio, bolster liquidity to $274.4 million, and position the company for continued expansion in premium travel experiences.
Truelink Capital and Viad Close Transaction to Establish GES as Independent Business
Viad Corp Transforms into Pursuit, a Pure-Play Attractions and Hospitality Leader, Following Completion of Sale of GES Business
Viad Corp to Relaunch as Pursuit and Trade on NYSE as PRSU
Viad Corp Announces Mandatory Conversion Date for 5.5% Convertible Series A Preferred Stock
Viad Corp (VVI) Q3 2024 Earnings Call Transcript
Viad (VVI) Q3 Earnings and Revenues Surpass Estimates
Fast-paced Momentum Stock Viad (VVI) Is Still Trading at a Bargain
Strength Seen in Viad (VVI): Can Its 17.5% Jump Turn into More Strength?
Dow Dips Over 300 Points; Viad Shares Spike Higher
Truelink Capital Signs Deal to Acquire GES from Viad Corp
Viad Corp to Transform Into Pure-Play Attractions and Hospitality Leader Through Sale of GES Business to Truelink Capital for $535 Million
Is Viad Corp (VVI) a Great Value Stock Right Now?
Viad Corp Schedules Third Quarter 2024 Earnings Call
Is the Options Market Predicting a Spike in Viad (VVI) Stock?
Viad Corp (VVI) Q2 2024 Earnings Call Transcript
Viad (VVI) Surpasses Q2 Earnings and Revenue Estimates
Derek P. Linde Named President of GES as Part of Expanded Role
Derek P. Linde Named President of GES as Part of Expanded Role
Derek P. Linde Named President of GES as Part of Expanded Role
Critical Comparison: Pazoo (OTCMKTS:PZOO) vs. Viad (NYSE:VVI)