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Rates From $168 a Night at This Newly Built Boutique Hotel
$168
Banff is known for its dramatic mountain scenery and, often, very high hotel prices. This modern boutique stay feels like a bit of a breath of fresh air, with rooftop heated pools overlooking the mountains and much friendlier rates during the off and shoulder seasons starting at $168 per night.
The Otter Hotel (rated 4.3/5 on TripAdvisor) sits right along Banff Avenue, close enough to walk everywhere, but calm and quiet once you step back inside. It’s newly built, thoughtfully designed, and feels more like a cozy mountain retreat than a typical hotel.
We found some dates with the best rates for you, but others are available. Summer months are pricier, but still worth exploring if your budget allows!
Nightly rates here can soar past $600 during peak summer months, but we found excellent availability from $168 a night outside the busiest season. Guests consistently mention how much value they get for the location, design, and amenities, especially the rooftop setup.
The heated rooftop pools are the real draw. Soaking outdoors with fire bowls and panoramic mountain views feels especially magical in cooler weather, when Banff leans fully into its cozy side.
Rooftop heated hot pools with panoramic mountain views
Newly built boutique hotel with modern, quiet design
Private balconies in every room, many with scenic vistas
Free heated underground parking
Spa-style bathrooms with rain showers
Rocky Mountain Soap Co. bath products
On-site restaurant Good Folk, praised for creative local cuisine
Pet-friendly rooms with thoughtful extras
Fitness center and EV charging available

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