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Pay vs Performance Disclosure - USD ($)

12 Months Ended

Dec. 31, 2024

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

Pay Versus Performance

As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and certain financial performance of the Company. For further information concerning the Company’s variable pay-for-performance philosophy and how the Company’s aligns executive compensation with the Company’s performance, refer to the CD&A.



	Summary Compensation Table Total for PEO				Compensation Actually Paid to PEO										Value of Initial Fixed $100 Investment Based on:
Year	Barry1		Moster1		Barry2		Moster2			Average Summary Compen- sation Table Total for Non-PEO NEOs3		Average Compen- sation Actually Paid to Non-PEO NEOs4			Total Share- holder Return5		Peer Group Total Share- holder Return6		Net Income (in millions)7			EBITDA (in millions)8
(a)	(b)		(b)		(c)		(c)			(d)		(e)			(f)		(g)		(h)			(i)


2024	3,706,721		6,853,062		4,145,905		9,177,170			1,950,150		1,642,314			63.19		124.64		368.5			198.1


2023		—		6,987,373		—		10,380,281			1,657,102		2,439,012		$	53.81	$	118.64		16.0		148.3


2022		—		6,289,986		—		2,262,720			2,056,095		(383,561	)	$	36.26	$	98.06		23.2			118.8


2021		—		6,338,525		—		6,499,595			1,125,285		1,614,890		$	63.61	$	123.14		(92.7	)		6.3


2020		—		3,207,949		—		(904,981	)		1,585,916		1,383,262		$	53.77	$	126.83		(374.1	)		(64.0	)

The dollar amounts reported in column (b) are the amounts of total compensation reported for Messrs. Barry (who served as our principal executive officer (“PEO”) in 2024) and Moster (who served as our PEO in 2024, 2023, 2022, 2021, and 2020) for each corresponding year in the “Total” column of the Summary Compensation Table. Refer to “Executive Compensation—Summary Compensation Table.”



Year	Reported Summary Compensation Table Total for PEO		Reported Value of Equity Awards(a)		Equity Award Adjustments(b)		Compensation Actually Paid to PEO


Barry 2024		$3,706,721		$(2,819,469)		$3,258,653		$4,145,905


Moster 2024		$6,853,062		$(4,875,530)		$7,199,638		$9,177,170

(a)

The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” column in the Summary Compensation Table for 2024.

(b)

The equity award adjustments for 2024 include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in 2024 that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of 2024 (from the end of 2023) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of 2024; (iii) for awards that were granted and vested in 2024, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in 2024, the amount equal to the change as of the vesting date (from the end of 2023) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during 2024, a deduction for the amount equal to the fair value at the end of 2023; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in 2024 prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for 2024. The valuation assumptions used to calculate fair values did not materially differ from those disclosed as of the grant date of the equity awards. The amounts deducted or added in calculating the equity award adjustments are as follows:



Year	Year End Fair Value of Equity Awards Granted in the Year		Change in Fair Value from End of Prior Year to the End of Covered Year of Equity Awards Granted in Prior Years			Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year		Change in Fair Value on the Vesting Date of Equity Awards Granted in Prior Years that Vested in the Year			Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year			Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation		Total Equity Award Adjustments


Barry 2024		$3,258,653			—		—			—			—		—		$3,258,653


Moster 2024		$5,634,984		$1,814,910			—		$716,037			$(966,293)			—		$7,199,638

The dollar amounts reported in column (d) represent the average of the amounts reported for the Company’s named executive officers (NEOs) as a group (excluding Messrs. Barry and Moster for 2024 and Mr. Moster for 2020 through 2023) (the “Non-PEO NEOs”) in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the Non-PEO NEOs included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2024, Ellen M. Ingersoll, Leslie S. Striedel, Derek P. Linde, and Jeffrey A. Stelmach; (ii) for 2023 and 2022, Ellen M. Ingersoll, David W. Barry, Derek P. Linde, and Jeffrey A. Stelmach; (iii) for 2021, Ellen M. Ingersoll, David W. Barry, Derek P. Linde, and Leslie S. Striedel; and (iv) for 2020, Ellen M. Ingersoll, Jay A. Altizer, David W. Barry, and Derek P. Linde.

The dollar amounts reported in column (e) represent the average amount of “compensation actually paid” to the Non-PEO NEOs as a group, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the Non-PEO NEOs as a group during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to average total compensation for the Non-PEO NEOs as a group for 2024 to determine the compensation actually paid, using the same methodology described above in footnote 2:



Year	Average Reported Summary Compensation Table Total for Non-PEO NEOs		Average Reported Value of Equity Awards		Average Equity Award Adjustments(a)		Average Compensation Actually Paid to Non-PEO NEOs(b)


2024		1,950,150		$(858,888)		$551,052		1,642,314

(a)

The amounts deducted or added in calculating the total average equity award adjustments are as follows:



Year	Average Year End Fair Value of Equity Awards Granted in the Year	Average Change in Fair Value from End of Prior Year to End of Covered Year of Equity Awards Granted in Prior Years	Average Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year		Average Change in Fair Value on the Vesting Date of Equity Awards Granted in Prior Years that Vested in the Year	Average Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year	Average Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation		Average Total Equity Award Adjustments


2024	$464,225	$251,505		—	$84,187	$(341,171)		—	$551,052

(b)

The average “compensation actually paid” to the Non-PEO NEOs as a group does not reflect any adjustments attributable to “service cost” or “prior service cost” for any defined benefit pension plans reported in the Summary Compensation Table for each applicable year. Ms. Ingersoll was the only NEO who participated in a defined benefit pension plan in each covered year. However, the benefits under such plan are frozen and there is no “service cost” or “prior service cost” to report with respect thereto. As such, the amount reported with respect to such benefit in the “Change in Pension and Nonqualified Deferred Compensation” column of the Summary Compensation Table for each applicable year is reflected in the average Summary Compensation Table “Total” and has not been adjusted.

Represents Pursuit’s cumulative total shareholder return (“TSR”) per $100 invested from December 31, 2019, through December 31 of each of the respective years shown, calculated in accordance with Item 201(e) of Regulation S-K.

Represents the peer group’s cumulative TSR per $100 invested from December 31, 2019, through December 31 of each of the respective years shown (with dividends reinvested, as applicable). The peer group used for this purpose is the S&P SmallCap 600 Hotels, Restaurants & Leisure index, of which Pursuit is a constituent, which is one of the peer groups used for the performance graph included in our 2024 Form 10-K as required under Regulation S-K Item 201(e)(1)(ii). In the proxy statement for the 2024 annual meeting, we referenced the S&P SmallCap 600 Commercial Services & Supplies index for this purpose. We made this change to better align with the strategic transformation

of the Company as a result of the Transaction. The peer group TSR for the prior index was as follows: $87.91 for 2020; $94.13 for 2021; $82.03 for 2022; $96.91 for 2023; and $118.45 for 2024.

Represents net income (loss) attributable to Pursuit as reported in the Company’s audited financial statements for the applicable year.

Represents EBITDA, a non-GAAP measure, the company-selected measure used for determining Pursuit’s MIP achievement as described in the “Short-Term (Annual) Incentives” section of the CD&A.

Company Selected Measure Name

EBITDA

Named Executive Officers, Footnote

The dollar amounts reported in column (c) represent the amount of “compensation actually paid” to Messrs. Barry and Moster, respectively, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Messrs. Barry and/or Moster during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Messrs. Barry and Moster’s total compensation for 2024 to determine the compensation actually paid:The dollar amounts reported in column (d) represent the average of the amounts reported for the Company’s named executive officers (NEOs) as a group (excluding Messrs. Barry and Moster for 2024 and Mr. Moster for 2020 through 2023) (the “Non-PEO NEOs”) in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the Non-PEO NEOs included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2024, Ellen M. Ingersoll, Leslie S. Striedel, Derek P. Linde, and Jeffrey A. Stelmach; (ii) for 2023 and 2022, Ellen M. Ingersoll, David W. Barry, Derek P. Linde, and Jeffrey A. Stelmach; (iii) for 2021, Ellen M. Ingersoll, David W. Barry, Derek P. Linde, and Leslie S. Striedel; and (iv) for 2020, Ellen M. Ingersoll, Jay A. Altizer, David W. Barry, and Derek P. Linde.

Peer Group Issuers, Footnote

of the Company as a result of the Transaction. The peer group TSR for the prior index was as follows: $87.91 for 2020; $94.13 for 2021; $82.03 for 2022; $96.91 for 2023; and $118.45 for 2024.

Adjustment To PEO Compensation, Footnote



Year	Reported Summary Compensation Table Total for PEO		Reported Value of Equity Awards(a)		Equity Award Adjustments(b)		Compensation Actually Paid to PEO


Barry 2024		$3,706,721		$(2,819,469)		$3,258,653		$4,145,905


Moster 2024		$6,853,062		$(4,875,530)		$7,199,638		$9,177,170

(a)

The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” column in the Summary Compensation Table for 2024.

(b)



Year	Year End Fair Value of Equity Awards Granted in the Year		Change in Fair Value from End of Prior Year to the End of Covered Year of Equity Awards Granted in Prior Years			Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year		Change in Fair Value on the Vesting Date of Equity Awards Granted in Prior Years that Vested in the Year			Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year			Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation		Total Equity Award Adjustments


Barry 2024		$3,258,653			—		—			—			—		—		$3,258,653


Moster 2024		$5,634,984		$1,814,910			—		$716,037			$(966,293)			—		$7,199,638

Non-PEO NEO Average Total Compensation Amount

$ 1,950,150

$ 1,657,102

$ 2,056,095

$ 1,125,285

$ 1,585,916

Non-PEO NEO Average Compensation Actually Paid Amount

$ 1,642,314

2,439,012

(383,561)

1,614,890

1,383,262

Adjustment to Non-PEO NEO Compensation Footnote



Year	Average Reported Summary Compensation Table Total for Non-PEO NEOs		Average Reported Value of Equity Awards		Average Equity Award Adjustments(a)		Average Compensation Actually Paid to Non-PEO NEOs(b)


2024		1,950,150		$(858,888)		$551,052		1,642,314

(a)

The amounts deducted or added in calculating the total average equity award adjustments are as follows:



Year	Average Year End Fair Value of Equity Awards Granted in the Year	Average Change in Fair Value from End of Prior Year to End of Covered Year of Equity Awards Granted in Prior Years	Average Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year		Average Change in Fair Value on the Vesting Date of Equity Awards Granted in Prior Years that Vested in the Year	Average Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year	Average Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation		Average Total Equity Award Adjustments


2024	$464,225	$251,505		—	$84,187	$(341,171)		—	$551,052

Compensation Actually Paid vs. Total Shareholder Return

In accordance with Item 402(v) of Regulation S-K, the Company is providing the following graphs setting forth relationships between information presented in the Pay versus Performance table.

Compensation Actually Paid and TSR

Compensation Actually Paid vs. Net Income

In accordance with Item 402(v) of Regulation S-K, the Company is providing the following graphs setting forth relationships between information presented in the Pay versus Performance table.

Compensation Actually Paid and Net Income

Compensation Actually Paid vs. Company Selected Measure

In accordance with Item 402(v) of Regulation S-K, the Company is providing the following graphs setting forth relationships between information presented in the Pay versus Performance table.

Compensation Actually Paid and EBITDA

Total Shareholder Return Vs Peer Group

In accordance with Item 402(v) of Regulation S-K, the Company is providing the following graphs setting forth relationships between information presented in the Pay versus Performance table.

Compensation Actually Paid and TSR

Tabular List, Table

The most important financial performance measures used by the Company to link executive compensation actually paid to the Company’s NEOs, for the most recently completed fiscal year, to the Company’s performance are (in no particular order):

EBITDA

EBITDA Margin

Relative TSR

Total Shareholder Return Amount

$ 63.19

53.81

36.26

63.61

53.77

Peer Group Total Shareholder Return Amount

124.64

118.64

98.06

123.14

126.83

Net Income (Loss)

$ 368,500,000

$ 16,000,000

$ 23,200,000

$ (92,700,000)

$ (374,100,000)

Company Selected Measure Amount

198,100,000

148,300,000

118,800,000

6,300,000

(64,000,000)

PEO Name

Moster

Measure:: 1

Pay vs Performance Disclosure

Name

EBITDA

Non-GAAP Measure Description

Represents EBITDA, a non-GAAP measure, the company-selected measure used for determining Pursuit’s MIP achievement as described in the “Short-Term (Annual) Incentives” section of the CD&A.

Measure:: 2

Pay vs Performance Disclosure

Name

EBITDA Margin

Measure:: 3

Pay vs Performance Disclosure

Name

Relative TSR

Barry [Member]

Pay vs Performance Disclosure

PEO Total Compensation Amount

$ 3,706,721