Cold Plunges, Hot Potential: This Mountain Spa Fund Has Investors Paying Attention

In Western Canada’s mountain towns, wellness tourism is booming faster than ever—and Basecamp Resorts has found a way to ride the wave. The company just launched the Wildwood Investment Fund, giving Canadians a chance to invest in its new chain of Nordic spas under the name Everwild. The timing couldn’t be better: demand for immersive, nature-connected spa experiences far exceeds what’s available today.

With over a decade in hospitality, Basecamp Resorts has built itself from a single boutique hotel in Canmore to a network of more than a dozen properties worth nearly \$580 million. Now, led by CEO Sky McLean, they’re branching into the wellness space to capture the next big chapter in mountain tourism.

The Wildwood Investment Fund offers investors exposure to three spa projects: Fernie (already under construction), Harmony near Calgary, and Banff. Each site taps into strong tourism markets with little spa competition. The fund bundles all three projects together, giving investors stake in the full portfolio rather than betting on one location.

There’s smart design behind the scenes: Basecamp handles land acquisition, design, construction and operation in-house. That same vertical integration helps keep costs in check and reduces risk. On top of that, eligible investors can contribute through RRSPs or TFSAs, making the fund a tax-efficient way to get into private real estate.

Adding to the momentum, Basecamp is opening its flagship Everwild spa in Canmore in late 2025. Though not part of the fund, the Canmore location will act as a proof-of-concept that builds brand visibility and guest trust, setting the stage for the fund-backed spas to follow.

All in all, the Wildwood Investment Fund is more than a spa investment—it's a foothold in a wellness business with real assets, early-stage market entry, and experienced operators behind it. With Fernie already breaking ground, Harmony in development, and Banff in early planning, investors aren’t betting on an idea—they’re betting on a reality in motion.