Viad Corporation

07/26/2024 | Press release | Distributed by Public on 07/26/2024 06:38

Material Event Form 8 K

Item 8.01 Other Events.

On Monday, July 22, 2024, Jasper National Park was evacuated due to wildfire activity. On the evening of Wednesday, July 24, 2024, a wildfire entered the Southwest end of the Jasper townsite, destroying many homes and businesses. Team members and guests of Pursuit's Banff Jasper Collection were all safely evacuated.

Pursuit is focused on supporting its team members and the community and is working closely with the Municipality of Jasper, Parks Canada, the Provincial and Federal governments, and its tourism partners to address and recover from the current situation, as well as assisting guests whose travel plans have been impacted.

Pursuit's six lodging properties, which are located toward the Northeast section of the Jasper townsite, were not reached by the wildfire. Viad is currently working with its insurance carriers to assess business impacts and determine available coverage and potential recoveries from policies in place.