{"id":797620,"date":"2025-01-02T17:33:03","date_gmt":"2025-01-02T22:33:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pursuit-completes-acquisition-of-the-jasper-skytram-in-jasper-national-park\/"},"modified":"2025-01-02T17:33:03","modified_gmt":"2025-01-02T22:33:03","slug":"pursuit-completes-acquisition-of-the-jasper-skytram-in-jasper-national-park","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pursuit-completes-acquisition-of-the-jasper-skytram-in-jasper-national-park\/","title":{"rendered":"Pursuit Completes Acquisition of the Jasper SkyTram in Jasper National Park"},"content":{"rendered":"

<\/p>\n

Pursuit Completes Acquisition of the Jasper SkyTram in Jasper National Park<\/b><\/p>\n

JASPER, Alberta–(BUSINESS WIRE<\/a>)–
\nPursuit Attractions and Hospitality Inc. (\u201cPursuit\u201d) (NYSE: PRSU), announced today that it closed on the previously announced acquisition of the Jasper SkyTram, which is located in Canada\u2019s iconic Jasper National Park. The attraction is one of Jasper\u2019s most recognizable tourism destinations within the globally visited Canadian Rocky Mountain town.<\/p>\n

\n\u201cToday, we warmly welcome the Jasper SkyTram to Pursuit,\u201d said Stuart Back, Chief Operating Officer, Banff Jasper Collection by Pursuit. \u201cLed by GM Todd Noble and his strong local team, we are committed to the long-term investment of this iconic attraction, in ensuring its continued legacy as an important tourism pillar, and in creating an exceptional hospitality experience for guests and staff.\u201d<\/p>\n

\nThe accessible mountain experience provides visitors of all ages and abilities the chance to ascend 2,263 meters (8,081 feet), up Whistlers Mountain via tram while taking in 360-degree national park views. Amenities on site include an interpretive boardwalk, easy access to hiking trails, and light culinary offerings.<\/p>\n

\n\u201cPursuit has a long-standing history of delivering exceptional guest experiences throughout the Canadian Rockies. Together with the experienced Jasper SkyTram team, we look forward to finalizing our plans to invest in the refresh and renewal of this important Jasper landmark,\u201d said David Barry, President and Chief Executive Officer, Pursuit. \u201cAs we enter 2025, we will continue to work closely with the community, Parks Canada and our tourism partners to ensure Jasper\u2019s thoughtful and sustainable growth.\u201d<\/p>\n

\nThe purchase price was $23.7 million Canadian dollars (approximately $17 million U.S. dollars) for the Jasper SkyTram, which includes a renewable long-term lease with Parks Canada, with nearly 30 years remaining.<\/p>\n

\nFor more information on the Jasper SkyTram visit jasperskytram.com<\/a><\/p>\n

\nImages of the Jasper SkyTram can be accessed here<\/a>. Photo credit: Jasper SkyTram by Pursuit<\/p>\n

About Pursuit<\/span><\/b><\/p>\n

\nPursuit Attractions and Hospitality, Inc. (NYSE: PRSU), is an attractions and hospitality company that owns and operates a collection of inspiring and unforgettable experiences in iconic destinations in the United States, Canada, and Iceland. Pursuit\u2019s elevated hospitality experiences include 15 world-class point-of-interest attractions and 28 distinctive lodges, along with integrated restaurants, retail and transportation that enable visitors to discover and connect with stunning national parks and renowned global travel locations. For more information visit pursuitcollection.com<\/a>.<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nThis press release contains a number of forward-looking statements. Words, and variations of words, such as \u201cwill,\u201d \u201ccan,\u201d \u201cmay,\u201d \u201cexpect,\u201d \u201cwould,\u201d \u201ccould,\u201d \u201cmight,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201canticipate,\u201d \u201cdeliver,\u201d \u201cseek,\u201d \u201caim,\u201d \u201cpotential,\u201d \u201ctarget,\u201d \u201coutlook,\u201d and similar expressions are intended to identify our forward-looking statements. Such forward-looking statements include those that address activities, events or developments that Pursuit or its management believes or anticipates may occur in the future, including all statements regarding expectations concerning Pursuit\u2019s opportunities and performance as a standalone public company. Similarly, statements that describe our go-forward business strategy, objectives, plans, intentions, or goals also are forward-looking statements. These forward-looking statements are not historical facts and are subject to a host of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those in the forward-looking statements. Important factors that could cause actual results to differ materially from those described in our forward-looking statements are set forth under Item 1A, \u201cRisk Factors,\u201d of our most recent annual report on Form 10-K and in our most recent Quarterly Report on Form 10-Q filed with the SEC. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this press release except as required by applicable law or regulation.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250102046438\/en\/<\/a><\/span><\/p>\n

For media inquiries, please contact:
\n<\/b>
Tanya Otis, Pursuit
\n
Email: totis@pursuitcollection.com<\/a> | Phone: 587.222.4686<\/p>\n

For investor inquiries, please contact:
\n<\/b>
Carrie Long or Michelle Porhola
\n
Email: ir@pursuitcollection.com<\/a> | Phone: 602.207.2681<\/p>\n

KEYWORDS:<\/b> United States North America Canada<\/p>\n

INDUSTRY KEYWORDS:<\/b> Transportation Vacation Lodging Cruise Destinations Travel Tourist Attractions<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Pursuit Completes Acquisition of the Jasper SkyTram in Jasper National Park JASPER, Alberta–(BUSINESS WIRE)– Pursuit Attractions and Hospitality Inc. (\u201cPursuit\u201d) (NYSE: PRSU), announced today that it closed on the previously announced acquisition of the Jasper SkyTram, which is located in Canada\u2019s iconic Jasper National Park. The attraction is one of Jasper\u2019s most recognizable tourism destinations within the globally visited Canadian Rocky Mountain town. \u201cToday, we warmly welcome the Jasper SkyTram to Pursuit,\u201d said Stuart Back, Chief Operating Officer, Banff Jasper Collection by Pursuit. \u201cLed by GM Todd Noble and his strong local team, we are committed to the long-term investment of this iconic attraction, in ensuring its continued legacy as an important tourism pillar, and in creating an exceptional hospitality … <\/p>\n

Continue reading “Pursuit Completes Acquisition of the Jasper SkyTram in Jasper National Park”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-797620","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPursuit Completes Acquisition of the Jasper SkyTram in Jasper National Park - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pursuit-completes-acquisition-of-the-jasper-skytram-in-jasper-national-park\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pursuit Completes Acquisition of the Jasper SkyTram in Jasper National Park - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Pursuit Completes Acquisition of the Jasper SkyTram in Jasper National Park JASPER, Alberta–(BUSINESS WIRE)– Pursuit Attractions and Hospitality Inc. (\u201cPursuit\u201d) (NYSE: PRSU), announced today that it closed on the previously announced acquisition of the Jasper SkyTram, which is located in Canada\u2019s iconic Jasper National Park. 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