Pursuit Acquires Eagle Wing Tours, Entering Vancouver Island's Thriving Tourism Market
PRSU sits 86% above its 52-week low of $27.915.
Summary
Pursuit Attractions & Hospitality has acquired Eagle Wing Tours, a Victoria-based whale watching operator, marking its entry into the Vancouver Island market—a region attracting nearly five million visitors annually. The deal adds a market-leading marine wildlife experience with over 50,000 guests per year and a fleet of five vessels, aligning with Pursuit's Vision 2030 growth strategy. This follows strong Q1 2026 results and an ongoing strategic divestiture of its Flyover attractions. The acquisition strengthens Pursuit's Canadian portfolio in a resilient, year-round destination with strong tourism fundamentals.
At the time of this announcement, PRSU was trading at $51.82 on NYSE in the Trade & Services sector, with a market capitalization of approximately $1.4B. The 52-week trading range was $27.92 to $56.52. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.