Aldesta Hotels and Resorts

Aldesta Hotels and Resorts in its acquisition of Fairmont Hot Springs Resort Ltd

Client

Aldesta Hotels and Resorts

Value

-

Service

Mergers and Acquisitions

Date Closed

June 2023

Industry

Real Estate

Lead Office

Vancouver

 

On June 8, 2023, an affiliate of Aldesta Hotels and Resorts completed its acquisition of Fairmont Hot Springs Resort Ltd, which operates Fairmont Hot Springs resort in the Canadian Rocky Mountains featuring mineral hot spring pools. The resort includes a ski hill, spa, hotel, lodge, golf courses, various restaurants, and an RV park.

Aldesta Hotels and Resorts operate hotels and resorts located in Canada and Australia.

Osler, Hoskin & Harcourt LLP advised an affiliate of Aldesta Hotels and Resorts with a team consisting of Trevor Scott, Martin Smith, Lauren Sutherland, Peter Horemans (Corporate), Martha Martindale, Sarah Muboyayi (Financial Services) and Anousheh Torabi (Real Estate).