HOSPITALITY
Fairmont Hotels
FAIRMONT HOTELS & RESORTS ANNOUNCES SIGNING OF FAIRMONT CALGARY
NEW YORK, NEW YORK – January 22nd, 2026 – World-renowned luxury hospitality brand, Fairmont Hotels & Resorts, part of the leading hospitality group Accor, in partnership with development group Truman, today 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.
About Fairmont Hotels & Resorts
Fairmont Hotels & Resorts is renowned for the international luxury hospitality brand’s unrivalled portfolio of 96 extraordinary hotels where grand moments of life, heartfelt pleasures and personal milestones are celebrated and remembered long after any visit. From grand hotels to urban retreats, since 1907 Fairmont has created magnificent, meaningful and unforgettable hotels, rich with character and deeply connected to the history, culture and community of its destinations – renowned addresses such as The Plaza in New York City, The Savoy in London, Fairmont San Francisco, Fairmont Banff Springs in Canada, Fairmont Doha and Fairmont The Palm in Dubai. Fairmont hotels are the social epicenters of their cities—iconic gathering places where people, culture, and ideas converge. Famous for its engaging service, awe-inspiring public spaces, locally inspired cuisine, and iconic bars and lounges, Fairmont also takes great pride in its pioneering approach to hospitality and leadership in sustainability and responsible tourism practices. 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.
W Hotels & JW Marriott
Marking Marriott’s first luxury hotel and residential offerings in Calgary, W Calgary & JW Marriott Calgary, along with an Autograph Collection Hotel, are set to deliver a new standard of hospitality in the heart of the city
Truman and Marriott International, Inc. announced today plans to open three hotels in Calgary, including W Calgary, JW Marriott Calgary and an Autograph Collection Hotel on Stampede Park. These brands are poised to transform the hospitality landscape in Calgary and will debut as part of a dynamic mixed-use development ideally situated within the city’s rapidly evolving Culture + Entertainment District.
Stampede Park Hotel
The new, approximately 320-key hotel responds to growing demand for hotel space to support BMO Centre’s expanding meetings and conventions demand
Located on an approximately 85,000 square foot parcel, the Truman hotel will be a full-service, 13- storey upper-upscale lifestyle boutique hotel with approximately 320 rooms; 15,000 square feet of meeting and ballroom space; 14,000 square feet of food and beverage offerings including restaurants, a lobby bar, a coffee shop, and a roof-top lounge with views of downtown; a south-facing leisure terrace with activity pool, jacuzzi and an outdoor bar; and an indoor swimming pool and fitness club.
LET’S CONNECT
Discover how you can leverage Truman’s extensive expertise in commercial real estate.