CANMORE, Alta. — Basecamp Resorts has acquired the Holiday Inn in Canmore, Alta. for its newest development MTN HOUSE BY BASECAMP. The company is currently seeking investors to participate in a $19 million equity raise through an offering of Limited Partnership Units for the hotel that will undergo a complete interior renovation, as well as the development of an upscale restaurant and Canmore’s first ever Nordic spa.
MTN HOUSE BY BASECAMP will occupy 3.56 acres of land and feature a four-storey, 99-room luxury hotel, a high-end restaurant with a focus on sustainability and local ingredients and a Nordic spa experience offering hydrotherapy, dry and wet sauna and massage services. Construction on the development will begin in June 2023, with the grand opening slated for summer 2024.
“With our new Canmore development MTN HOUSE BY BASECAMP, we are offering a rare real-estate, hospitality and wellness investment opportunity in an established and desirable Canadian mountain travel destination,” says Sky McLean, founder and CEO, Basecamp Resorts. “Our new premium, multi-faceted property will fill a current void in the Canmore tourism market with a one-of-a-kind, luxurious travel experience that will attract visitors from around the world.”