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Category: Commercial

Oxford, partner buy Banff's Rimrock Hotel for $170M

Don Wilcox Commercial Hotels and Resorts Banff Jun. 14 2023

Oxford Properties Group and an institutional capital partners have acquired The Rimrock Resort Hotel on Sulphur Mountain in Banff National Park for $170 million, and plan a “comprehensive top to bottom renovation” of the property.

Aldesta buys 1,229-acre Fairmont Hot Springs Resort property

Steve McLean Commercial Hotels and Resorts British Columbia Jun. 14 2023

Vancouver-based Aldesta Hotel Group made a large addition to its portfolio with last week’s acquisition of the 1,229-acre Fairmont Hot Springs Resort property in the Columbia Valley region of British Columbia.

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