01
The Malcolm Hotel
Canmore · 321 Spring Creek Drive, T1W 0K3 Canmore, Canada
9.2Wonderful551 reviews- Free cancellation
From $382
a night · lowest rate found Oct 2026
a night · lowest rate found Oct 2026
Canada · Updated 9 October 2026
The best luxury hotels in Banff
8 luxury hotels in Banff, compared on guest scores, price for your dates, rooms and location.
8Hotels compared3 with a Michelin Key
9.2Top guest scoreThe Malcolm Hotel
$382Median per nightLowest rates, Oct 2026
8,011Guest reviewsBehind these scores
Best luxury hotels in Banff for score, location and price
Each card is the highest-ranked hotel on its measure that is not already picked.
Banff luxury and 5-star hotels compared: price and guest score
| Hotel | Area | Guest score | Location score | Michelin Keys | From, per night | Availability |
|---|---|---|---|---|---|---|
| The Malcolm HotelFree cancellation | Canmore | 9.2 (551) | 9.7 | – | $382 | Check availability |
 Fairmont Château Lake LouiseCheck terms | Lake Louise | 9.1 (1,021) | 9.8 | 1 | $453 | Check availability |
 Stoneridge Mountain ResortFree cancellation | Canmore | 9.1 (262) | 8.9 | – | $337 | Check availability |
 Hotel Canoe and SuitesFree cancellation | Banff | 9.0 (2,866) | 9 | – | $270 | Check availability |
 Fairmont Banff SpringsCheck terms | Banff | 9.0 (457) | 9.6 | 1 | $2,357 | Check availability |
 Otter HotelFree cancellation | Banff | 8.9 (717) | 9 | – | $273 | Check availability |
 Post Hotel & SpaCheck terms | Lake Louise | 8.9 (388) | 9.4 | 1 | Sold out | Check availability |
 Everwild Canmore HotelFree cancellation | Canmore | 8.8 (1,749) | 8.8 | – | $432 | Check availability |
The 8 best hotels in Banff, ranked by guest score
02
Fairmont Chateau Lake Louise
Lake Louise · 111 Lake Louise Drive, T0L 1E0 Lake Louise, Canada
9.1Wonderful1,021 reviews- 1 Michelin Key
- Fairmont
From $453
a night · lowest rate found Oct 2026
a night · lowest rate found Oct 2026
03
Stoneridge Mountain Resort
Canmore · 30 Lincoln Park, T1W 3E9 Canmore, Canada
9.1Wonderful262 reviews- Free cancellation
From $337
a night · lowest rate found Oct 2026
a night · lowest rate found Oct 2026
04
Hotel Canoe and Suites
Banff · 600 Banff Avenue, T1L 1H8 Banff, Canada
9.0Wonderful2,866 reviews- Free cancellation
From $270
a night · lowest rate found Oct 2026
a night · lowest rate found Oct 2026
05
Fairmont Banff Springs
Banff · 405 Spray Avenue, T1L 1J4 Banff, Canada
9.0Wonderful457 reviews- 1 Michelin Key
- Fairmont
From $2,357
a night · lowest rate found Oct 2026
a night · lowest rate found Oct 2026
06
Otter Hotel
Banff · 600 Banff Avenue, T1L 1H8 Banff, Canada
8.9Excellent717 reviews- Free cancellation
From $273
a night · lowest rate found Oct 2026
a night · lowest rate found Oct 2026
07
Post Hotel & Spa
Lake Louise · 200 Pipestone Road, T0L 1E0 Lake Louise, Canada
8.9Excellent388 reviews- 1 Michelin Key
- Relais & Châteaux
08
Everwild Canmore Hotel
Canmore · 1 Silvertip Trail, T1W 2Z7 Canmore, Canada
8.8Excellent1,749 reviews- Free cancellation
From $432
a night · lowest rate found Oct 2026
a night · lowest rate found Oct 2026
Luxury hotels in Banff: frequently asked questions
What is the highest-rated luxury hotel in Banff?
The Malcolm Hotel has the highest guest score in this selection: 9.2 from 551 reviews.
How much does a luxury hotel in Banff cost?
The lowest nightly rates found in Oct 2026 (2 adults) range from $270 to $2,357. The median is $382 a night. Prices change with dates.
Which luxury hotels in Banff include breakfast?
When rates were checked in Oct 2026, none of the lowest available rates in this selection included breakfast.
Which luxury hotels in Banff offer free cancellation?
5 of 7 hotels offered a free-cancellation rate when checked in Oct 2026: The Malcolm Hotel, Stoneridge Mountain Resort, Hotel Canoe and Suites, Otter Hotel, Everwild Canmore Hotel.