Quote:
Originally Posted by Chadillaccc
It appears now that the hotel tenant of Calgary City Centre will be Fairmont, making Calgary one of only two major Canadian cities to have more than one Fairmont Hotel. It is supposed to start construction before City Centre East is topped out.
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Maybe but probably not.
Fairmont Palliser is not owned by Fairmont, just managed by them. Hotels owned by REITs can and frequently do change their branding/management company.
I wouldn't be surprised if they have an agreement to continue operating as a Fairmont until the new Fairmont can be opened.
Innvest REIT, the current owner of the Fairmont Palliser, is a huge shareholder of Choice Hotels (Quality Inn, Sleep Inn, Comfort Inn, Cambria Suites, ...) so it would make sense for them to re-brand under one of those labels.