Genesis Hospitality, a Brandon, Man.-based company, has purchased two Marriott hotels at Calgary International Airport.
The acquisition is a dual-branded property: the Courtyard by Marriott and The Residence Inn by Marriott located at 2500 and 2530 48th Ave. NE.
The six-storey complex was built in 2012 with 329 guest rooms and extended-stay suites serving mainly airport travellers. The Courtyard has 171 rooms designed for business and leisure travellers and The Residence Inn has 158 larger extended-stay suites with kitchens and work areas.
Kevin Swark, executive president with Genesis Hospitality, told RENX the purchase represents a significant step forward for the company’s Alberta growth strategy, which also includes properties in Red Deer and Edmonton.
"With comprehensive banquet facilities, quality guest accommodations and a prime location near Calgary International Airport, these hotels position us to deliver high standards of hospitality and service to travellers in Alberta," he said.
Complex serves
The hotel complex at the airport includes 7,900 square feet of flexible, combined conference and event space, anchored by the Stampede Ballroom, which seats up to 300 guests.
Guests at both properties share access to amenities, including an indoor pool, sauna, fully equipped fitness centre, and complimentary airport shuttle service.
Swark said the Calgary hotels at the airport were recently renovated and they don't expect any changes to the properties or operations.
Hotel vitals are trending up for the city, according to the Calgary Hotel Association's 2025 Impact Report.
Average occupancy for 2025 climbed by 0.8 per cent to 67.5 per cent, compared to the year prior; while revenue per available room climbed 7.4 per cent to $125.51, year-over-year.
The association said visitors to Calgary spent about $3.3 billion, a 2.5 per cent annual increase.
Last year, the city marked about 129,000 hotel bookings for meetings and conventions, 164,000 bookings for travel trade and leisure, and 62,000 bookings for sports and major events.
Swark said the company has been looking to add hotels in Calgary for the last few years.
"This one made sense to us," he said. "We have other (Marriott) Courtyards and Residence Inns in our portfolio, so it made sense to acquire and kind of complete our corridor between Calgary, Red Deer and Edmonton with our hotels."
He said their organization likes the Marriott brand. "That's probably the primary reason, (and) the hotels were in very good shape, very good condition, and performed well. (It's a) good acquisition."
Genesis also sees a bright future for Calgary visitation. The newly-expanded BMO Centre at Stampede Park Convention Centre continues to draw many events and gatherings to Calgary, and the community is excited to welcome the opening of the new arena.
Called Scotia Place, construction continues at the $1.2-billion project that will replace the 44-year-old Saddledome, which is now hosting its final NHL season.
The Calgary Flames will move into Scotia Place for their 2027-2028 season.
YYC seeing more travellers and routes
The airport itself is performing well, Swark said. "There's a whole lot of new airport traffic, new international destinations going in and out of Calgary starting this year, so that will be a real big plus."
Last year, YYC welcomed 19.4 million travellers, representing 2.7 per cent growth over 2024, according to the Calgary Airport Authority.
It noted in its last annual report that it had added 13 new routes for a total of 108 non-stop destinations at the end of 2025.
A family-owned company focused on ‘methodical’ growth
Founded and based in Brandon, Man. in 1978, Genesis Hospitality Management is a privately- owned company that owns, operates and manages hotel properties throughout Canada.
The company currently has 15 hotels in its portfolio and also manages the Four Points by Sheridan Regina.
In March, Genesis opened the 129-room Hyatt House Thunder Bay, a six-storey hotel with a view of the Sleeping Giant, which was developed with Hyatt. Genesis both owns and manages the property.
In addition, the company has hotels in Red Deer, Edmonton, Sudbury, Mississauga, Vaughan, Hamilton, Winnipeg, Brandon and Flin Flon.
The company is a private business owned by three families, Swark said. "We're a very slow-growth acquisition company," he said, noting their expansion has been “methodical” over the last 20 years."
