Travel

Is it possible to find hotels in Canmore/Banff, AB for less than $150/night??

  • Last Updated:
  • Apr 8th, 2018 9:59 am
[OP]
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Dec 10, 2004
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Thornhill

Is it possible to find hotels in Canmore/Banff, AB for less than $150/night??

I am going for a workshop/conference at the end of July in Banff, AB. I looked up prices for hotels and seems like prices are typically around $300/night. Same for Canmore -$250+
Extremely expensive and most of those are crappy places. I am curious if that's because it's a busy area or not enough hotels there? Am I dreaming when I want to book a hotel for $150(or less) per night or is that possible?
27 replies
Deal Addict
Jan 31, 2013
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Red Deer, AB
Believe me, there are tons of hotels there, but the demand is high. You're looking at hotels in high season in one of the most visited tourist places in the country.
Deal Expert
Aug 2, 2001
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Yes - hotels are extremely expensive in Banff/Canmore for July. They also book up quickly - so you may want to book something soon (and cancel if needed).

Canmore - which is close to Banff - is a good idea. You may be able to find AirBNB, VRBO, etc. Canmore has many condos, timeshares, etc. that are rented out. Banff has restrictions around this.


If you are really unable to pay the Banff prices, some people stay even further out of Banff (Cochrane, western side of Calgary, etc.) and drive in. It's a bit of a drive (1.25 hours each way) - but it's all in how you value your time.
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Sep 21, 2004
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Calgary
Even a private room in hostel cost over $150 in Banff and Lake Louise. If you want affordable accommodation, best bet is airbnb room in Canmore. Otherwise camping is great in the summer as the campgrounds are well organized and have pretty good facilities (especially the Tunnel Mountain campgrounds).
[OP]
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Dec 10, 2004
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Thornhill
I am there for a business meeting so...I rather not camp. Hostels..well, as you said they are way overpriced and I rather just sleep in the car than a hostel with 10 other dudes. Canmore is also very expensive, including airbnb. Seems like prices are more expensive than Manhattan since I've stayed there many times under $150/night in 3+ star hotel and not crappy run down motels or @ someone's house at $150. Insane!
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Jan 28, 2009
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Calgary
It is one of the busiest spots in Canada, during peak season.

You might be able to find something cheaper in Cochrane, but then you'll be driving a lot each day.
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Sep 19, 2013
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Winnipeg
Last year, we visited Banff. We stayed in a basement in Calgary (booked through AirBnB) and took 3 day trips to Banff/ Lake Louise. The journey was not as bad as i expected. There was a lot of traffic, but moving traffic at 90-100/hr and this was Aug long weekend.
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Feb 15, 2005
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I booked my July stay in January. The Coast in Canmore was $150 and quickly hit $250 within a week. Even something like the Western Budget Inn quickly shot up to $450/night by the end of January, so you're a bit late. A 3 BR unit at the Inns of Banff for a guys weekend out can usually be had for $300/night but recently hit the listed rack rate of $1000.

There's no free admission any more, but the hotel rates are pretty crazy...
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Oct 7, 2011
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Toronto
It's very expensive there, especially in the peak travel season - July & Aug.

We booked thru airbnb in Canmore.
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Jun 3, 2011
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Winnipeg
Have you considered camping? Tunnel montain is right beside Banff and only $30 a night with showers and everything. I stayed there last year and it was great. I feel like most places camping would be awful but in Banff it kinda gets you into the wilderness spirit. Not sure how outdoorsy you are but it's food for thought :)
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Feb 15, 2006
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Last year for Canada's 150th anniversary, the national parks were free. That spurred lots of interests, certainly including the Rocky mountains. This year that type of interest continues (which means that free parks offer did its job).

At least it's not like Jasper. There are fewer hotels, fewer airbnb, so people can only look into grandmom/pop B&B's.
Sr. Member
May 7, 2015
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Toronto, ON
If it's for a business meeting, can you not have your employer cover the cost? Or if you're self-employed, write it off as a business expense at least?
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Feb 15, 2006
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BaconBaron wrote:
Apr 5th, 2018 8:15 pm
If it's for a business meeting, can you not have your employer cover the cost? Or if you're self-employed, write it off as a business expense at least?
If self-employed, it's still a high amount to pay out.

If employed and company is paying for it, sometimes they have a limit (not going to pay for 7* luxury if cheaper comfortable options are available), so getting a $1500+ room or suite at Lake Louise Fairmount, may not get reimbursed.
Deal Fanatic
May 29, 2006
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you could stay in Calgary, its a quick 1 hour 15 minute drive on a divided highway

Also there is a casino/hotel in the stoney reserve around 15 minutes before canmore that might be better priced.

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