Fairmont Hotels & Resorts, part of the hospitality group Accor, in partnership with development group Truman, announced the development of a new 225-key Fairmont hotel slated to open in Q4 2031.

At a premier location within Calgary's Greater Downtown, 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.

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. 

Omer Acar, CEO, Fairmont Hotels & Resorts said, “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.”

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.

George Trutina, President, Truman said, “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.”

Calgary is much loved for its unique blend of modern city life, western heritage, vibrant arts and dining scene, with convenient access to stunning Rocky Mountain outdoor adventures such as Banff National Park. It is also home to The Calgary Stampede, dubbed 'The Greatest Outdoor Show on Earth', a world-famous 10-day annual festival celebrating western heritage with a rodeo, agricultural fair, music festival and carnival, making it a great base for exploring the Canadian West. Calgary experienced over 8.7 million visitors in 2025, with expectations for more in 2026 due to increased conferences and international travel.