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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2025
Business Combination [Line Items]  
Schedule of Allocation of Purchase Price details the Jasper SkyTram purchase price allocated to intangible assets acquired:

(in thousands)

 

Amount

 

 

Weighted Average Life

Operating licenses

 

$

13,278

 

 

27 years

Trade name

 

 

209

 

 

5 years

Total

 

$

13,487

 

 

27 years

Tabacon Thermal Resort & Spa  
Business Combination [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of the aggregate purchase price and amounts of assets acquired based upon the estimated fair value at the date of acquisition. The purchase price allocation is not yet final and is subject to change within the measurement period (up to one year from the acquisition date) as the valuation of property and equipment and intangible assets is finalized:

(in thousands)

 

Acquisition Date Estimated Fair Value

 

Total cash consideration paid by Pursuit Attractions and Hospitality, Inc.

 

$

108,280

 

 

 

 

 

Allocation of total estimated purchase consideration:

 

 

 

Current assets

 

$

3,040

 

Property and equipment

 

 

70,892

 

Goodwill

 

 

41,966

 

Identifiable intangible assets

 

 

7,100

 

Liabilities

 

 

(14,718

)

Net assets acquired

 

$

108,280

 

 

Schedule of pro forma financial information This unaudited pro forma financial information is presented for informational purposes only and does not purport to be indicative of the results of future operations or the results that would have occurred had the transaction taken place on January 1, 2024.

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

Nine Months Ended

 

(in thousands)

 

September 30, 2024

 

 

September 30, 2025

 

Pro forma total revenue

 

$

188,024

 

 

$

340,836

 

 

$

410,983

 

Pro forma net income attributable to Pursuit

 

$

48,121

 

 

$

53,201

 

 

$

49,414

 

Jasper SkyTram  
Business Combination [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of the aggregate purchase price and amounts of assets acquired based upon the estimated fair value at the date of acquisition. During the nine months ended September 30, 2025, we made certain purchase accounting measurement period adjustments based on refinements to assumptions used in the preliminary valuation. The purchase price allocation is not yet final and is subject to change within the measurement period (up to one year from the acquisition date) as the valuation of property and equipment and intangible assets is finalized.

(in thousands)

 

Acquisition Date Estimated Fair Value

 

Purchase price paid as:

 

 

 

Cash

 

$

16,129

 

Holdback

 

 

347

 

Total consideration paid by Pursuit Attractions and Hospitality, Inc.

 

$

16,476

 

 

 

 

 

Allocation of total estimated purchase consideration:

 

 

 

Property and equipment

 

$

2,309

 

Identifiable intangible assets

 

 

13,487

 

Goodwill

 

 

680

 

Total assets acquired

 

$

16,476