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Fairmont Hot Springs resort sells for $40 million

Property includes more than 1,200 acres of land, golf course, ski hill, RV campground and famous hot springs near Invermere in eastern B.C..
Colliers, Vancouver and Toronto, for Western Investor

Property type: Resort

Location: 5255 Fairmont Road, Fairmont Hot Springs, B.C.

Size of property: 1,200+ acres

Buyer: Aldesta Hotel Group, headquartered in France

Price: $40 million

Date of sale: June 13, 2023 (announcement)

Brokerage: Colliers, Vancouver and Toronto

Brokers: Mark Lester, Vancouver; Alam Pirani and team, Toronto