8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934


                                December 16, 2004
                Date of Report (Date of earliest event reported)


                                    VIAD CORP
             (Exact name of registrant as specified in its charter)



         DELAWARE                   001-11015                  36-1169950
(State or other jurisdiction       (Commission               (IRS Employer
     of incorporation)             File Number)            Identification No.)


   1850 North Central Avenue, Suite 800, Phoenix, Arizona       85004-4545
           (Address of principal executive offices)             (Zip Code)


Registrant's telephone number, including area code (602) 207-4000


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):


[ ]  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))





Item 7.01  REGULATION FD DISCLOSURE

On December 16, 2004, Viad Corp (the "Company") issued a press release
announcing the Company's outlook for 2005 during an investor/analyst meeting
being held on December 16, 2004. A copy of the Company's press release is
furnished herewith as Exhibit 99 and is incorporated by reference herein.

The information in this current report on Form 8-K is being furnished and shall
not be deemed "filed" for the purposes of Section 18 of the Securities Exchange
Act of 1934, as amended, or otherwise subject to the liabilities of that
Section. The information in this current report shall not be incorporated by
reference into any registration statement or other document pursuant to the
Securities Act of 1933, as amended.


Item 9.01  FINANCIAL STATEMENTS AND EXHIBITS

     (a)   Not applicable.

     (b)   Not applicable.

     (c)   Exhibits

           99 - Press Release


                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                               VIAD CORP
                                               (Registrant)


December 16, 2004                              By: /s/ G. Michael Latta
                                                   -----------------------------
                                               G. Michael Latta
                                               Vice President - Controller
                                               (Chief Accounting Officer and
                                               Authorized Signer)

EX-99

                                                                      Exhibit 99

     Viad Corp Provides 2005 Outlook at Investor/Analyst Meeting

    PHOENIX--(BUSINESS WIRE)--Dec. 16, 2004--Viad Corp (NYSE:VVI)
today will discuss the company's outlook for 2005 during an
investor/analyst meeting. Viad provides the following guidance for
2005:

    --  Full-year income per diluted share is expected to be in the
        range of $1.23 to $1.36 for 2005. This compares favorably to
        the company's 2004 guidance of $1.04 to $1.10 per diluted
        share of income before impairment losses. Improvements are
        expected in all of Viad's operating segments.

    --  2005 first quarter income per diluted share is expected to be
        in the range of $0.50 to $0.58. The increase from first
        quarter 2004 income per diluted share of $0.35 is expected to
        be driven by positive show rotation at GES, mainly from
        CONEXPO-CON/AGG, and operating income improvements at
        Exhibitgroup/Giltspur.

    --  Show rotation is also expected to impact second and third
        quarter results. Viad expects to benefit from positive show
        rotation in the second quarter as a European air show serviced
        by Exhibitgroup rotates in. This air show occurred in the
        third quarter of 2004. Show rotation for GES is expected to be
        relatively flat in the second quarter and negative in the
        third quarter as several large shows rotate out.

    Conference Call and Webcast

    The investor/analyst meeting will commence today at 9 a.m. (EST).
To join the live conference call, dial (800) 289-0569 or access the
webcast through Viad's Web site at www.viad.com. A replay will be
available for a limited time.
    Viad is an S&P SmallCap 600 company. Major subsidiaries include
GES Exposition Services of Las Vegas, Exhibitgroup/Giltspur of
Chicago, Brewster Transport Company Limited of Banff, Alberta, Canada,
and Glacier Park, Inc. of Phoenix. For more information, visit the
company's Web site at www.viad.com.

    Forward-Looking Statements

    As provided by the safe harbor provision under the "Private
Securities Litigation Reform Act of 1995," Viad cautions readers that,
in addition to historical information contained herein, this press
release includes certain information, assumptions and discussions that
may constitute forward-looking statements. These forward-looking
statements are not historical facts, but reflect current estimates,
projections, expectations, or trends concerning future growth,
operating cash flows, availability of short-term borrowings, consumer
demand, new business, investment policies, productivity improvements,
ongoing cost reduction efforts, efficiency, competitiveness, tax
rates, and the realization of restructuring cost savings. Actual
results could differ materially from those projected in the
forward-looking statements. Viad's businesses can be affected by a
host of risks and uncertainties. Among other things natural disasters,
gains and losses of customers, consumer demand patterns, labor
relations, purchasing decisions related to customer demand for
convention and event services, existing and new competition, industry
alliances, consolidation, and growth patterns within the industries in
which Viad competes and any deterioration in the economy may
individually or in combination impact future results. In addition to
factors mentioned elsewhere, economic, competitive, governmental,
technological, capital marketplace and other factors, including
further terrorist activities or war, could affect the forward-looking
statements in this press release.
    Information about Viad Corp obtained from sources other than the
company may be out-of-date or incorrect. Please rely only on company
press releases, SEC filings and other information provided by the
company.

    CONTACT: Viad Corp
             Carrie Long, 602-207-2681 (Investor Relations)
             clong@viad.com