Business
Pursuit Secures Full Ownership of High-Performing Glacier Park Subsidiary in Iconic Destination
DENVER, September 23, 2025--Pursuit Secures Full Ownership of High-Performing Glacier Park Subsidiary in Iconic Destination
About this update from Pursuit Attractions And Hospitality, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2216,"height":335,"url":"https://media.zenfs.com/en/business-wire.com/fe1d3061bcb40c49ddad3f530473e944"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/gReHrmJGMjtR07tyHJsrBQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTE0NTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/fe1d3061bcb40c49ddad3f530473e944","width":960,"height":145},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/Gczwf.QKkJE8sbzWsPW4nQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD0zNjI7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/fe1d3061bcb40c49ddad3f530473e944","width":1200,"height":181}},"lazy":false},{"type":"text","content":"DENVER, September 23, 2025--(BUSINESS WIRE)--Pursuit Attractions and Hospitality, Inc. ("Pursuit") (NYSE: PRSU), 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.","length":364,"tagName":"p"},{"type":"text","content":"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.","length":341,"tagName":"p"},{"type":"text","content":"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."","length":518,"tagName":"p"},{"type":"text","content":"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 lo...