DENVER--(BUSINESS WIRE)--

Pursuit Attractions and Hospitality, Inc. ( PRSU ) (“Pursuit”) , announced it has acquired 100 percent ownership of its Glacier Park, Inc. subsidiary, which owns and operates nine distinctive lodging properties, as well as numerous dining and retail outlets, in and around the iconic Glacier National Park.

Pursuit previously owned an 80 percent controlling stake of Glacier Park, Inc., with the remaining 20 percent non-controlling interest held by the trust of the late Rex Maughan and his surviving spouse Ruth Maughan. Rex was an accomplished advocate for national parks, and he and Ruth were the founders of Forever Living and Forever Resorts.

David Barry, Pursuit’s President and Chief Executive Officer, commented, “We are pleased to have reached agreement with the Maughan family to purchase their minority ownership of Glacier Park, Inc. Throughout our collective ownership of Glacier Park, Inc. beginning in the early 1980’s, Rex Maughan supported our plans and initiatives that enabled the business to thrive across multiple decades. His deep commitment to and lifelong passion for national parks was inspiring and something we share at Pursuit.”

Barry continued, “With strong performance, deep heritage, and significant growth opportunities, we are proud to now own 100 percent of the Glacier Park, Inc. business and its irreplaceable assets. This investment reinforces our long-term commitment to preserving and growing a business that continues to deliver meaningful value and authentic, unforgettable experiences.”

In connection with this transaction, Pursuit paid $13 million to the Maughan Revocable Trust of 2007, which releases a noncontrolling interest liability from Pursuit’s balance sheet that was approximately $19 million as of June 30, 2025. There will be no changes to Pursuit’s Glacier Park Collection operations or management as a result of this transaction.

ABOUT PURSUIT

Pursuit Attractions and Hospitality, Inc. ( 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’s 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.

AVAILABILITY OF INFORMATION ON PURSUIT WEBSITE

Pursuit routinely uses its investor relations website (investors.pursuit.com) 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.

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Source: Pursuit