World-renowned luxury hospitality brand, Fairmont Hotels & Resorts, part of the leading hospitality group Accor, in partnership with development group Truman, has announced the development of a new 225-key Fairmont hotel slated to open in Q4 2031 in what officials are calling a premier location within Calgary’s Greater Downtown. But they did not disclose an exact location.
The new mixed-use development when complete, will house beautifully appointed guest rooms; a signature spa and wellness offering; a robust meetings and events program supporting Calgary’s burgeoning convention demand and 100 luxury branded residences, they said.
Fairmont Calgary is a direct beneficiary of the Stampede Park transformation project, a major revitalization of Calgary’s Culture and Entertainment District centered around the government funded $500 million expansion of its BMO Centre, completed in 2024. The new BMO facility has created Western Canada’s largest convention facility, alongside infrastructure upgrades, new public spaces, and improved transit access to attract more events and visitors to the area, said officials in a news release.
“We are honored to play a role in this incredible new property at such a pivotal moment in Calgary’s development. Adding a second property in this flourishing city where the beloved Fairmont Palliser currently resides will be a significant achievement, and reinforces Fairmont’s leadership position in Western Canada, as well as strengthens our long-term brand commitment to Calgary as a destination. Fairmont Calgary will become an exciting new social hub for the local community, hotel guests and residents alike, blending both tradition and modernity,” said Omer Acar, CEO, Fairmont Hotels & Resorts.
The project will bring together a world-class team of architects and designers to build and create the mixed-use building combining a Fairmont hotel with branded residences. The design concept will be announced, and the regulatory approvals process will be initiated in Q1 of 2026. The property’s development adds a major economic benefit to Calgary, providing employment opportunities during its construction and hospitality jobs once open, explained officials.
“This investment underscores our shared confidence in Calgary’s future. Fairmont Calgary will contribute meaningfully to the city’s economy, vibrancy, and its growing reputation as a global destination for business, tourism, and luxury living,” said George Trutina, President, Truman.
Fairmont Hotels & Resorts is renowned for the international luxury hospitality brand’s unrivalled portfolio of 96 extraordinary hotels. Fairmont is part of Accor, a world leading hospitality group counting over 5,700 properties throughout more than 110 countries, and a participating brand in ALL Accor, a booking platform and loyalty program providing access to a wide variety of rewards, services and experiences.
Truman is an Alberta-based family-owned developer and builder. Earlier this year, Truman and Marriott International, Inc. announced plans to open three hotels in Calgary, including W Calgary, JW Marriott Calgary and an Autograph Collection Hotel on Stampede Park.
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THIS is exciting news. very reminiscent of when I was growing up in Vancouver, leading up to the 2010 olympics. there was confidence and economic boom that eventually lead to Vancouver becoming a truly world class city. Calgary is growing up, maybe 5-10 years behind. Of course this has its pitfalls but overall it shows there is renewed interest in inviting more of the world to come to calgary.