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Pursuit Attractions And Hospitality Inc's Business Segments
Pursuit Attractions And Hospitality Inc's reported revenue by business segment and by geographic
region, quarterly and annual, normalized against the consolidated income statement.
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Pursuit Attractions and Hospitality, Inc. and its consolidated subsidiaries operate in the attractions and hospitality industry, providing recreational activities and hospitality services, including hotels and attractions. The company faces various risks and uncertainties, including economic and geopolitical conditions, seasonality, competition, travel disruptions, changes in consumer preferences, natural disasters, accidents, insurance costs, and the impact of borrowings. Additional risks involve capital projects, acquisitions, technological developments, and the sale of its Flyover Attractions. Pursuit also encounters challenges related to global operations, regulatory compliance, currency fluctuations, labor shortages, cybersecurity threats, data privacy laws, litigation, tax law changes, environmental requirements, and stock ownership. The company's forward-looking statements regarding its business strategies, outlook, and plans are subject to these factors, which may materially affect actual results.
The Company operates a single reportable segment managed on a consolidated basis by the President and Chief Executive Officer, who serves as the chief operating decision maker (CODM). Its revenue is generated from travel experiences, including attractions and hospitality, as well as integrated restaurants, retail, and transportation. The CODM evaluates performance based on income from continuing operations and does not consider segment assets in the assessment. Segment costs and expenses comprise the cost of food, beverage, and retail products sold; operating labor expenses; insurance; royalty fees; utilities; operating lease expenses; property taxes; credit card fees; selling, general, and administrative expenses; depreciation and amortization; interest expense; other expenses; and impairment charges. The Company’s foreign operations are primarily located in Canada, Iceland, and Costa Rica, with long-lived assets allocated according to their physical location. Revenue by geographic area includes Canada, the U.S., Iceland, and Costa Rica for the years ended December 31, 2025, 2024, and 2023.
