---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-037140"
form_type: "8-K"
ticker: "PRSU"
cik: "0000884219"
company_name: "Pursuit Attractions & Hospitality, Inc."
filed_at: "2025-03-11T23:59:59+00:00"
generated_at: "2026-05-25T00:28:31.740912+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Pursuit completes GES sale for $535M; guides 2025 adjusted EBITDA $98-108M

## Summary
- Q4 revenue $45.8M (+8.5% YoY); full-year revenue $366.5M (+4.6%); net loss from continuing ops of $57.1M.
- Completed sale of GES on Dec 31, 2024 for $535M; gain of $421.9M in discontinued ops.
- Net leverage near zero after repaying $318M Term Loan B and $75M revolver; new $200M revolver undrawn.
- 2025 guidance: revenue up low double-digits; adjusted EBITDA $98-108M vs 2024 actual $77.1M.
- Growth capex of $38-43M in 2025 includes Forest Park Hotel refresh and tuck-in acquisitions.

## SEC filing metadata
- accession: 0000950170-25-037140
- form_type: 8-K
- ticker: PRSU
- cik: 0000884219
- company_name: Pursuit Attractions & Hospitality, Inc.
- filed_at: 2025-03-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884219/000095017025037140/0000950170-25-037140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884219/000095017025037140/prsu-20250311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-037140
- JSON: https://secwatch.observer/filing/0000950170-25-037140.json
- Plain text: https://secwatch.observer/filing/0000950170-25-037140.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.