{"id":865983,"date":"2025-07-02T07:06:46","date_gmt":"2025-07-02T11:06:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pursuit-expands-global-portfolio-with-acquisition-of-tabacon-thermal-resort-spa-in-costa-rica\/"},"modified":"2025-07-02T07:06:46","modified_gmt":"2025-07-02T11:06:46","slug":"pursuit-expands-global-portfolio-with-acquisition-of-tabacon-thermal-resort-spa-in-costa-rica","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pursuit-expands-global-portfolio-with-acquisition-of-tabacon-thermal-resort-spa-in-costa-rica\/","title":{"rendered":"Pursuit Expands Global Portfolio with Acquisition of Tabac\u00f3n Thermal Resort & Spa in Costa Rica"},"content":{"rendered":"

<\/p>\n

Pursuit Expands Global Portfolio with Acquisition of Tabac\u00f3n Thermal Resort & Spa in Costa Rica<\/b><\/p>\n

Attraction-centric resort provides strategic entry into a premier global destination with year-round appeal<\/i><\/p>\n

DENVER–(BUSINESS WIRE<\/a>)–
\nPursuit Attractions and Hospitality, Inc. (NYSE: PRSU) (\u201cPursuit\u201d) today announced the acquisition of Tabac\u00f3n Thermal Resort & Spa<\/a> (\u201cTabac\u00f3n\u201d), a renowned luxury retreat in the Arenal region of Costa Rica. This transaction marks a significant step in Pursuit’s global growth strategy, expanding its signature hospitality experiences into another one of the world\u2019s most iconic travel destinations.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250702557150\/en\/<\/a><\/p>\n

\"Tabac\u00f3n<\/p>\n

Tabac\u00f3n Thermal Resort & Spa<\/p>\n<\/div>\n

\n“We are thrilled to expand into the Costa Rica market with the acquisition of a premier tourism experience that aligns perfectly with Pursuit\u2019s strategic vision,” said David Barry, President and CEO of Pursuit. “Tabac\u00f3n Thermal Resort & Spa exemplifies the immersive, place-based experience we aim to deliver\u2014rooted in natural wonder, cultural richness, and a strong commitment to sustainability. This acquisition provides immediate scale and unlocks compelling opportunities for long-term growth in a high-demand destination.\u201d<\/p>\n

A Destination Defined by Natural Wonder and Wellness<\/b><\/p>\n

\nLocated in the heart of Costa Rica’s iconic Arenal region, Tabac\u00f3n spans 570 acres of rainforest and offers unparalleled access to the country\u2019s largest network of naturally flowing hot springs. Set against a lush backdrop, the resort\u2019s winding rivers, cascading waterfalls and thoughtfully designed pools deliver a tranquil, immersive wellness experience.<\/p>\n

\nAlongside the hot springs attraction is Tabac\u00f3n\u2019s five-star eco-luxury resort featuring 105 elegantly appointed rooms, an internationally renowned spa and signature culinary experiences. The acquisition also includes the nearby Choy\u00edn R\u00edoTermal hot springs attraction designed for broader access to the thermal river.<\/p>\n

\nTabac\u00f3n holds a five-star rating from the Costa Rican Tourism Institute and has achieved the highest sustainability certification, the Elite Level, under the Costa Rica Sustainability in Tourism Program.<\/p>\n

\n\u201cAs we welcome Pursuit to Costa Rica, we are proud to become part of a global brand who like us, provide exceptional and authentic hospitality experiences in stunning and iconic destinations,\u201d said Andrey Gomez, General Manager, Tabac\u00f3n Thermal Resort & Spa. \u201cTogether, we will continue to foster our deep support for the local community while building a successful future together that showcases Costa Rica\u2019s stunning landscapes, rich hospitality and important commitment to sustainable tourism.\u201d<\/p>\n

Strategic Growth in Iconic, Perennial Market<\/b><\/p>\n

\nCosta Rica represents a counter-seasonal complement to Pursuit\u2019s existing North American operations, offering year-round demand and aligning with the company\u2019s strategy to grow in iconic locations with enduring demand. The acquisition of Tabac\u00f3n marks Pursuit\u2019s entry into its fourth country of operation, reinforcing its position as a global leader in attractions and hospitality. The experience\u2019s sought after location, combined with the country\u2019s international appeal, will enable thoughtful growth as Pursuit looks to expand its signature collections.<\/p>\n

\n\u201cWe view this as a foundational investment\u2014one that will anchor what we expect will become a broader Costa Rica collection and further elevate our global portfolio of unforgettable experiences,\u201d said Barry. \u201cAs we continue to execute on our Refresh, Build, Buy strategy, we remain focused on delivering exceptional guest experiences in the world\u2019s most iconic places while driving meaningful, sustainable growth.\u201d<\/p>\n

Advisors<\/b><\/p>\n

\nBofA Securities, Inc. served as financial advisor to Pursuit and Arias Law served as legal counsel.<\/p>\n

Additional Information for Investors<\/b><\/p>\n

\nPursuit has provided a presentation containing supplemental information related to this transaction on Pursuit\u2019s website under Investors\/Events & Presentations<\/a>.<\/p>\n

About Tabac\u00f3n Thermal Resort & Spa<\/span><\/b><\/p>\n

\nTabac\u00f3n Thermal Resort & Spa is an award-winning, year-round eco-friendly luxury retreat located at the base of the majestic Arenal Volcano in northern Costa Rica. Well-regarded for its commitment to sustainability and authentic Costa Rican hospitality, Tabac\u00f3n offers guests a unique wellness experience with its naturally flowing hot springs, world-class spa, and access to thrilling adventures in the Arenal region. For more information visit tabacon.com<\/a>.<\/p>\n

\nImages can be accessed here<\/a>. Photo credit: Tabac\u00f3n Thermal Resort & Spa 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, Iceland, and Costa Rica. Pursuit\u2019s elevated hospitality experiences include 17 world-class point-of-interest attractions and 29 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 pursuit.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 \u201cexpect,\u201d \u201cdeliver,\u201d \u201caim,\u201d \u201cand 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 our expectations concerning Tabac\u00f3n\u2019s opportunities and performance, our go-forward growth plans and strategies, including with respect to Tabac\u00f3n\u2019s and other potential growth in Costa Rica, and other statements that are not historical fact. These forward-looking statements 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 Important factors that could cause actual results to differ materially from those described in our forward-looking statements include, but are not limited to, risks associated with integrating Tabac\u00f3n\u2019s operations and the risk that we are not able to realize the expected benefits of the acquisition; general economic and geopolitical markets and a worsening of global economic conditions; travel industry disruptions; and the other risks set forth under Item 1A, \u201cRisk Factors,\u201d of our most recent annual report on Form 10-K and our most recent Current Report on Form 10-Q filed with the Securities and Exchange Commission (\u201cSEC\u201d), as well as any future reports we file 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

Availability of Information on Pursuit Website<\/b><\/p>\n

\nPursuit routinely uses its investor relations website (investors.pursuit.com<\/a>) to post presentations to investors and other important information, including information that may be material. Accordingly, Pursuit encourages investors and others interested in Pursuit to review the information it makes public on its investor relations website.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250702557150\/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, Pursuit
\n
Email: ir@pursuitcollection.com<\/a> | Phone: 602.207.2681<\/p>\n

KEYWORDS:<\/b> United States Costa Rica Canada Central America North America Latin America Colorado<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Travel Lodging Destinations Travel Vacation Luxury Retail Tourist Attractions<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n\n\n\n
Photo<\/b><\/font><\/td>\n<\/tr>\n
\"Photo\"<\/td>\n<\/tr>\n
Tabac\u00f3n Thermal Resort & Spa<\/font><\/td>\n<\/tr>\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 Expands Global Portfolio with Acquisition of Tabac\u00f3n Thermal Resort & Spa in Costa Rica Attraction-centric resort provides strategic entry into a premier global destination with year-round appeal DENVER–(BUSINESS WIRE)– Pursuit Attractions and Hospitality, Inc. (NYSE: PRSU) (\u201cPursuit\u201d) today announced the acquisition of Tabac\u00f3n Thermal Resort & Spa (\u201cTabac\u00f3n\u201d), a renowned luxury retreat in the Arenal region of Costa Rica. This transaction marks a significant step in Pursuit’s global growth strategy, expanding its signature hospitality experiences into another one of the world\u2019s most iconic travel destinations. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250702557150\/en\/ Tabac\u00f3n Thermal Resort & Spa “We are thrilled to expand into the Costa Rica market with the acquisition of a premier tourism experience … <\/p>\n

Continue reading “Pursuit Expands Global Portfolio with Acquisition of Tabac\u00f3n Thermal Resort & Spa in Costa Rica”<\/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-865983","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPursuit Expands Global Portfolio with Acquisition of Tabac\u00f3n Thermal Resort & Spa in Costa Rica - 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-expands-global-portfolio-with-acquisition-of-tabacon-thermal-resort-spa-in-costa-rica\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pursuit Expands Global Portfolio with Acquisition of Tabac\u00f3n Thermal Resort & Spa in Costa Rica - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Pursuit Expands Global Portfolio with Acquisition of Tabac\u00f3n Thermal Resort & Spa in Costa Rica Attraction-centric resort provides strategic entry into a premier global destination with year-round appeal DENVER–(BUSINESS WIRE)– Pursuit Attractions and Hospitality, Inc. (NYSE: PRSU) (\u201cPursuit\u201d) today announced the acquisition of Tabac\u00f3n Thermal Resort & Spa (\u201cTabac\u00f3n\u201d), a renowned luxury retreat in the Arenal region of Costa Rica. This transaction marks a significant step in Pursuit’s global growth strategy, expanding its signature hospitality experiences into another one of the world\u2019s most iconic travel destinations. This press release features multimedia. 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(NYSE: PRSU) (\u201cPursuit\u201d) today announced the acquisition of Tabac\u00f3n Thermal Resort & Spa (\u201cTabac\u00f3n\u201d), a renowned luxury retreat in the Arenal region of Costa Rica. This transaction marks a significant step in Pursuit’s global growth strategy, expanding its signature hospitality experiences into another one of the world\u2019s most iconic travel destinations. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250702557150\/en\/ Tabac\u00f3n Thermal Resort & Spa “We are thrilled to expand into the Costa Rica market with the acquisition of a premier tourism experience … Continue reading \"Pursuit Expands Global Portfolio with Acquisition of Tabac\u00f3n Thermal Resort & Spa in Costa Rica\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/pursuit-expands-global-portfolio-with-acquisition-of-tabacon-thermal-resort-spa-in-costa-rica\/","og_site_name":"Market Newsdesk","article_published_time":"2025-07-02T11:06:46+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20250702557150\/en\/2513072\/4\/Tabacon-Thermal_Resort.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pursuit-expands-global-portfolio-with-acquisition-of-tabacon-thermal-resort-spa-in-costa-rica\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pursuit-expands-global-portfolio-with-acquisition-of-tabacon-thermal-resort-spa-in-costa-rica\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Pursuit Expands Global Portfolio with Acquisition of Tabac\u00f3n Thermal Resort & Spa in Costa Rica","datePublished":"2025-07-02T11:06:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pursuit-expands-global-portfolio-with-acquisition-of-tabacon-thermal-resort-spa-in-costa-rica\/"},"wordCount":1176,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pursuit-expands-global-portfolio-with-acquisition-of-tabacon-thermal-resort-spa-in-costa-rica\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20250702557150\/en\/2513072\/4\/Tabacon-Thermal_Resort.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pursuit-expands-global-portfolio-with-acquisition-of-tabacon-thermal-resort-spa-in-costa-rica\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/pursuit-expands-global-portfolio-with-acquisition-of-tabacon-thermal-resort-spa-in-costa-rica\/","name":"Pursuit Expands Global Portfolio with Acquisition of Tabac\u00f3n Thermal Resort & Spa in Costa Rica - 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