Viad Corp to Expand Pursuit’s Collection of Attractions With Acquisition of Jasper SkyTram
Summary
The 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. Viad (NYSE: VVI), is a leading global provider of extraordinary experiences, including attractions, hospitality, exhibition services, and experiential marketing through two businesses: Pursuit and GES. Our business strategy focuses on delivering extraordinary experiences for our teams, clients and guests, and significant and sustainable growth and above-market returns for our shareholders. Important factors that could cause actual results to differ materially from those described in our forward-looking statements include, but are not limited to, the following: • general economic uncertainty in key global markets and a worsening of global economic conditions; • the impact of our overall level of indebtedness, as well as our financial covenants, on our operational and financial flexibility; • unanticipated delays and cost overruns of our capital projects, and our ability to achieve established financial and strategic goals for such projects; • the importance of key members of our account teams to our business relationships; • our ability to manage our business and continue our growth if we lose any of our key personnel; • the competitive nature of the industries in which we operate; • adverse effects of show rotation on our periodic results and operating margins; • our exposure to labor cost increases and work stoppages related to unionized employees; • our ability to successfully integrate and achieve established financial and strategic goals from acquisitions; • our exposure to cybersecurity attacks and threats; • sufficiency and cost of insurance coverage; and • compliance with laws governing the storage, collection, handling, and transfer of personal data and our exposure to legal claims and fines for data breaches or improper handling of such data. 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.