Two resort hotels relatively close to one another both changed hands in the past five days: the Fairmont Hot Springs Resort in British Columbia and the Rimrock Hotel in Alberta. realestate realestatenews resort BC Alberta
The resort is located at 5225 Fairmont Resort Road, about midway between Windermere Lake and Columbia Lake, near the border with Alberta.
According to the listing brochure, the property consists of a whopping 1,229 acres of land, including about 550 acres from the ski resort, 233 acres from the golf course, 86 acres from the core resort, 21 acres of timeshare strata lots, 220 acres of utility and industrial lands, and 668 acres of land that holds further commercial and residential development potential.
The resort is a fully operational all-season destination that includes Canada’s largest natural mineral hot springs, and acts as the centrepiece of the larger Fairmont Hot Springs resort community, which is served by it’s own small community airport, the Columbia Valley Airport. In a statement issued on June 9, Aldesta said that it is committed to investing in the property and preserving it as a world-class destination. Aldesta also called the acquisition “another milestone in Aldesta’s strategic expansion plans.”The second property is the Rimrock Resort Hotel on 300 Mountain Avenue in Banff, on the other side of the Alberta border, a two-hour drive away from the Fairmont Hot Springs Resort.
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