Pursuit Attractions Boosted By Jasper, Expands Global Tourism Portfolio

Pursuit Attractions and Hospitality, Inc, a company that provides outstanding tourism in prominent destination all over the world, has shared its financial results so far for the year 2025 which indicates a growing success, especially in the Jasper National Park region. Due to the increase in visitor traffic in addition to the various new assets, the company has reported positive development that is above forecast. This includes Jasper Sky Lagoon in Iceland and several newly acquired pieces of land in Costa Rica.

Tourism Boom in Jasper

The company’s third-quarter results were significantly bolstered by the resurgence of tourism in Jasper National Park, which had been temporarily disrupted the previous year. Jasper’s recovery, combined with the company’s strategy of expanding and enhancing its tourism offerings, has contributed to the overall growth in the hospitality and leisure sector. Pursuit’s expanded portfolio, which includes new experiences such as Flyover Chicago and the newly acquired Tabacon Thermal Resort and Spa, has also played a key role in attracting international visitors to these iconic destinations.

Revenue Growth Across All Geographies

Pursuit’s Q3 2025 revenue reached a record 241 million dollars, representing a 32.2 percent increase compared to the same period in 2024. This growth was primarily driven by the recovery at Jasper properties, which had been temporarily closed due to the 2024 wildfires. Additionally, the company’s global tourism operations, including the Sky Lagoon in Iceland and the newly acquired Tabacon resort, contributed to higher revenue generation. Pursuit’s focus on experiential tourism, offering guests a chance to connect with some of the world’s most stunning landscapes, has attracted a diverse group of travellers.

The company has expanded its footprint with the acquisition of several new attractions and resorts, which has further boosted its revenue streams. The integration of the Tabacon Thermal Resort and Spa in Costa Rica, along with various other experiences across North America, has positioned Pursuit as a significant player in the global leisure travel market.

Sustainable Growth and Future Prospects

Pursuit’s strategic focus on tourism growth has been underpinned by its successful Refresh, Build, Buy growth strategy. This model has allowed the company to enhance existing properties while pursuing high-impact acquisitions that complement its portfolio. With a robust pipeline of planned investments exceeding 250 million dollars, Pursuit aims to continue expanding its presence in iconic destinations globally.

The company’s sustainable approach to growth, combined with a strong balance sheet and disciplined capital deployment, positions it well for continued success in the tourism sector. Pursuit plans to invest 38 million dollars to 43 million dollars in organic growth projects in 2025, including large-scale renovations to enhance guest experiences at properties like the Forest Park Hotel in Jasper National Park. The aim is to elevate these offerings to meet growing demand from affluent leisure travellers.

Boosting Local Economies Through Tourism

Pursuit’s investment in tourism is not only benefiting the company but also local economies in key regions. By expanding and improving iconic properties, the company has been able to create thousands of jobs and stimulate economic activity in areas such as Jasper, Glacier National Park, and Costa Rica. These developments also attract international tourists, who contribute to the local economy through spending on accommodations, food, and recreational activities.

The continued success of Pursuit’s attractions highlights the growing importance of tourism in the global economy. The company’s ability to tap into secular trends in experiential travel, where visitors seek more meaningful and authentic experiences in stunning natural locations, has proven to be a winning strategy. As the travel industry rebounds, Pursuit remains well-positioned to capture a larger share of the leisure travel market.

Tourism Industry Outlook for 2025

Looking into the future, the company values the strong EBITDA growth projected to reach between 115 and 122 million dollars for the next 12 months, especially for the company’s EBITDA, which will grow significantly YoY. This growth supports the indomitable demand for unique and unparalleled tourism experiences the company offers; and also, the influx of premium havens in the company’s portfolio. Additional EBITDA growth will come from the company’s strong and targeted organic growth investments, coupled with investment into value-adding acquisitions.

The company’s unwavering commitment towards superior customer experience in the strategically positioned premier tourism havens will augur well for the company’s EBITDA growth, reinforcing the company’s EBITDA growth for the next year. This, coupled with the strong foothold in some tours in Jasper and the national Glacier park, will help the company to sustainably help the recovery of these iconic tourism spots. With the paradigm shift in the travel industry, company’s deep cultivation of tourism and commitment towards deep, genuine and immersive experience for travelers places the company at the forefront of the tourism industry, globally.

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Aegean Airlines Launches New Thessaloniki-Istanbul Route, Operating Three Times a Week from this November for its Business and Leisure Travel

Aegean Airlines is further developing its network with a new direct service linking Thessaloniki (SKG) to Istanbul (IST). This new exciting service will start on November 24, offering passengers a convenient and efficient way to travel between Greece and Turkey. The new service, operated three times weekly on Aegean Airlines A320 aircraft, allows flexibility for business travelers and tourists alike to explore either of these dynamic cities. Whether you’re headed to Thessaloniki to see its rich historical landmarks or to see Istanbul’s blend of cultural heritage and modern attractions, this route makes for easy and comfortable travel.

Aegean Airlines Strengthens Its Position as a Regional Leader

The introduction of the Thessaloniki-Istanbul route strengthens Aegean Airlines’ already extensive network, which includes destinations across Europe, the Middle East, and North Africa. As Greece’s largest carrier, Aegean Airlines continues to serve a growing number of international and regional routes, ensuring that its passengers have access to convenient flights across key locations in Europe and beyond.

The airline’s longstanding reputation for reliability, excellent customer service, and punctuality makes it a preferred choice for travelers. With the new Thessaloniki to Istanbul service, Aegean Airlines continues to meet the needs of travelers seeking efficient connections between major urban centers in the region, offering both leisure travelers and corporate clients a seamless travel experience.

Thessaloniki and Istanbul: Two Dynamic Cities with Rich Cultural Offerings

The direct connection between Thessaloniki and Istanbul creates an exciting new travel corridor, opening doors for both cultural exchanges and business opportunities between these two historic cities.

• Thessaloniki, Greece’s second-largest city, is known for its vibrant arts scene, ancient ruins, and rich cultural heritage. Home to the White Tower, the Archaeological Museum of Thessaloniki, and the famous Rotunda, the city offers travelers a blend of ancient history and contemporary charm. Moreover, Thessaloniki’s Mediterranean climate, bustling markets, and vibrant street life make it a destination that attracts both leisure travelers and international business professionals.
• Istanbul, on the other hand, is one of the most cosmopolitan cities in the world, bridging Asia and Europe. Renowned for its rich history, Istanbul offers an extraordinary mix of ancient monuments, such as the Hagia Sophia and the Blue Mosque, alongside modern shopping districts and luxury hotels. The city’s strategic location makes it a hub for business conferences, trade fairs, and international diplomacy, while its vibrant cultural scene attracts millions of tourists each year.

With the new flight route, passengers will be able to travel effortlessly between Istanbul’s dynamic city life and Thessaloniki’s rich Greek heritage, opening up endless possibilities for business ventures, tourism, and cultural exchanges.

Why Aegean Airlines’ New Service Matters for Both Leisure and Business Travelers

This new route not only strengthens travel options for tourists but also addresses the growing demand from business travelers. Istanbul is an important financial center for both the Middle East and Europe, and Thessaloniki is fast becoming a key economic and tech hub in Greece. The new service will facilitate easier access to international meetings, conferences, and business networking events, contributing to the growth of trade and collaboration between these two cities.

For tourists, the Thessaloniki-Istanbul route is a gateway to experiencing two of the most culturally diverse cities in the Mediterranean region. Travelers can enjoy the ancient wonders of Thessaloniki, soak in the cosmopolitan atmosphere of Istanbul, and experience the unique culinary offerings of both cities — whether indulging in Greek souvlaki or Turkish kebabs.

Aegean Airlines’ Commitment to Sustainable Travel

As part of its ongoing efforts to maintain sustainability in its operations, Aegean Airlines has selected the A320 aircraft for this route due to its fuel efficiency and reduced carbon footprint. The A320 is known for its low environmental impact, helping the airline achieve its sustainability goals while offering a comfortable and efficient service to passengers. This aligns with Aegean Airlines’ broader initiative to minimize its environmental footprint while continuing to expand its fleet and network.

A Convenient and Accessible Route for Business and Leisure

The introduction of direct flights between Thessaloniki and Istanbul is a game-changer for those looking to travel between Greece and Turkey. The convenience of three weekly flights ensures that passengers can easily plan their business or leisure trips with minimal hassle, whether they are traveling for meetings or exploring the cultural gems of both cities.

With the growing demand for regional connectivity and easier travel options, this new route is expected to play a pivotal role in boosting both tourism and business exchanges between Greece and Turkey.

A Bright Future for Aegean Airlines and Its Travelers

More flexibility and ease of travel between two iconic cities is being further afforded to travelers as Aegean Airlines inaugurates its Thessaloniki-Istanbul flight route. From the cultural adventure to be had in Istanbul to a business or leisure trip to Thessaloniki, this new service is going to make regional travel even more convenient and accessible. Operating three times a week, you can now enjoy more options to explore the best of Greece and Turkey.6

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