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Viad Corp Reports Results for the 2021 First Quarter Business Activity is Increasing and Financial Position Remains Strong Advance bookings for lodging at Pursuit's Glacier Park and Alaska Collections are pacing ahead of 2019 Pursuit's collection of experiences is growing with three new attractions opening during the second and third quarters Exhibit 99.1 GES is preparing to service large - scale exhibitions beginning in June with its more variable cost structure Viad's total available liquidity was approximately $ 220 million as of March 31 , 2021 —— PHOENIX , May 4 , 2021 Viad Corp ( NYSE : VVI ) , a leading provider of experiential leisure travel and live events and marketing experiences , today reported financial results for the 2021 first quarter . The company continued its sharp focus on cash flow management , while making important progress on initiatives that will position the company for stronger results in 2021 and beyond . Steve Moster , president and chief executive officer , commented , " As expected , our first quarter revenue was affected by pandemic - related restrictions and our team continued to respond incredibly well to maximize revenue , control costs and provide great service for our guests and clients . We ended the quarter in a strong liquidity position and we have taken additional actions to accelerate our recovery and position us for greater success as our industries recover . Notably , we continued to reduce GES ' facility footprint and we completed a great tuck - in acquisition to expand Pursuit's portfolio of high - margin attractions . " Moster continued , “ With continued progress on the number of vaccinations , we are seeing increased demand and optimism for both leisure travel and in - person events . This is manifesting in strong advance bookings for rooms at Pursuit's iconic locations , with room reservations pacing ahead of 2019 at the Glacier Park and Alaska Collections . Although Banff bookings remain constrained by the Canadian border closure , we firmly believe this iconic location will benefit from pent - up perennial demand once Canada re - opens its borders for international tourism . At GES , the recovery is also starting to unfold . Face - to - face events are taking place in some locations and Las Vegas recently approved large scale events beginning in June . Our clients remain eager to return to in - person events and our level of event bookings for the back half of 2021 is encouraging . 99 First Quarter 2021 Results First quarter revenue was $ 28.9 million , down from $ 294.7 million in the 2020 first quarter , primarily reflecting the impact of the COVID - 19 pandemic on live events . GES revenue was down approximately - more -