Investor Presentaiton
PURSUIT GROWTH STRATEGY
Position Pursuit as a leading experiential, adventure tourism provider
and scale the business through a Refresh, Build, Buy framework
CONSTANT CURRENCY REVENUE1 ($M)
& EBITDA MARGIN²
37.5%
32.5%
31.9%
30.2%
$173.9
26.9%
$154.8
$107.5
$112.0
$93.3
2013
2014
2015
Refresh
Build
Buy
GAAP Revenue:
$
108.4
120.5
112.2
2016
2017
Trim
153.4
173.9
~17% REVENUE CAGR
(CONSTANT CURRENCY)
REFRESH: ~10% CAGR from
existing hotels and attractions
BUILD: $8M growth from Glacier
Skywalk attraction
BUY: $52M growth from acquisitions
of hotels and attractions during 2014-17
TRIM: De-emphasizing lower
margin/return Package Tours & Transportation
1
Revenue derived from Pursuit's Canadian operations has been translated at the 2017 full year average exchange rate for all years presented.
2 Refers to Adjusted Segment EBITDA Margin. Refer to pages 3-6 for important disclosures regarding this non-GAAP measure.
VIAD
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