The Chateau Lake Louise is a “chateau style” hotel built by the Canadian Pacific Railways in the end of the 19th century after the building of the Banff Springs Hotel and the Château Frontenac. Part of the hotel burned down in 1924 and was rebuilt. It was conceived as a vacation destination to lure moneyed travellers into taking trains and heading West. It is ideally located as all the natural areas around the hotel were incorporated into the Banff National Park (UNESCO World Heritage site). It was renamed Fairmont Chateau Lake Louise after the disvesture of the Canadian Pacific hotels business under the brand Fairmont Hotels & Resorts.