The second-largest hotel sale in recent Calgary history, the iconic downtown hotel sold for over $100 million after being on the market since mid-2024. The new owner, the Niagara Falls-based Fallsview Group, also owns a number of hotels and other tourist attractions in southern Ontario. This is their first hotel in Alberta. 

The transaction was led by Jason Paw (Calgary) and Daniel Yereniuk (Edmonton), and included Rob Worthington (Calgary, Tax), Melissa Guenette (Calgary, Tax) and Riley McKale (Calgary).  

About our Commercial Real Estate services 

The real estate industry is competitive, fast-paced and dynamic. Completing your project on-time and on-budget requires lawyers with proven experience and a business-minded approach. Committed to excellence and deeply invested in our clients’ success, we exceed expectations by pairing high-level technical capabilities with our knowledge of Western Canada.  

Clients choose MLT Aikins because we understand their business objectives and provide exceptional value through effective, practical and client-centred service. Whether you are planning to construct, develop, subdivide, buy, sell or lease commercial, industrial, mixed use or multi-family residential spaces, our real estate lawyers will drive your project forward. 

 

 

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