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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..
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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