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In October, Ivanhoé Cambridge and Fairmont Hotels & Resorts announced the details surrounding the major renovation project planned for Montreal’s preeminent downtown hotel, Fairmont The Queen Elizabeth. Ivanhoé Cambridge, our owners, will invest CAD $140 million to transform the hotel experience at our world renowned property.

The transformation will mark the hotel’s return as a leading luxury international business destination. After its transformation, Fairmont The Queen Elizabeth hotel will offer an innovative business campus developed by the creative teams at Sid Lee. The campus will include a set of interconnected and accessible public meeting and multifunctional spaces where businesspeople will be able to engage in creative, collaborative and innovative experiences. This living environment will be oriented towards stimulating creativity and promoting business ingenuity.

The hotel will also offer an array of impressive restaurants and bars, as well as an urban market that will be unique in downtown Montreal. Its new open spaces will host varied cultural and commercial events and activities featuring exciting programming. The hotel will remain the largest hotel in Canada, East of Toronto with 952 guest rooms.

To execute the renovations, the hotel will close in mid-June 2016 and will reopen in June 2017. All the common areas and about 500 guest rooms will be ready for the celebrations marking the 375th anniversary of Montreal and the 150th anniversary of Canadian Confederation. The remainder of the rooms will be completed by December 2017.