Canadian Pacific Hotels

Canadian Pacific Hotels (CPH) was a division of the Canadian Pacific Railway (CPR) that primarily operated hotels across Canada, since passenger revenue made a significant contribution to early railway profitability. CPR restructured the division as a subsidiary in 1963. In 1988, CPR purchased the Canadian National Hotels chain, making Canadian Pacific Hotels and Resorts the nation's largest hotel owner. In 1998, all CPH properties were branded as either Fairmont or Delta. In 2006, Kingdom Hotels International and Colony Capital purchased Fairmont, consolidating their hotel brands to form Fairmont Raffles Hotels International (FRHI), which in turn became a subsidiary of AccorHotels in 2016. In 2007, BC Investment Management Corp. bought Delta Hotels, which was purchased by Marriott International in 2015.