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Cheap Water Valley hotels

Days Inn & Suites by Wyndham Cochrane

Days Inn & Suites by Wyndham Cochrane

2.5 out of 5
5 West Side Drive Cochrane AB
Fully refundableReserve now, pay when you stay
The price is AU$112 per night from 25 Jan to 26 Jan
AU$112
25 Jan - 26 Jan 2026
includes taxes & fees
Located in Cochrane, Days Inn & Suites by Wyndham Cochrane is in the historical district, within a 5-minute drive of Bow River and Cochrane Arena.
Opens in a new windowDays Inn & Suites by Wyndham Cochrane
Super 8 by Wyndham Cochrane

Super 8 by Wyndham Cochrane

2 out of 5
11 West Side Drive Cochrane AB
Fully refundableReserve now, pay when you stay
The price is AU$83 per night from 25 Jan to 26 Jan
AU$83
25 Jan - 26 Jan 2026
includes taxes & fees
Located in Cochrane, Super 8 by Wyndham Cochrane is in the mountains, within a 5-minute drive of Bow River and Cochrane Arena.
Opens in a new windowSuper 8 by Wyndham Cochrane
Canalta Cochrane

Canalta Cochrane

2.5 out of 5
10 Westside Dr Cochrane AB
Fully refundableReserve now, pay when you stay
The price is AU$207 per night from 25 Jan to 26 Jan
AU$207
25 Jan - 26 Jan 2026
includes taxes & fees
When you stay at Canalta Cochrane in Cochrane, you'll be in the historical district, within a 5-minute drive of Bow River and Cochrane Arena.
Opens in a new windowCanalta Cochrane
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Bow River Inn

Bow River Inn

2 out of 5
3 West Side Drive Cochrane AB
Fully refundableReserve now, pay when you stay
The price is AU$70 per night from 25 Jan to 26 Jan
AU$70
25 Jan - 26 Jan 2026
includes taxes & fees
With a stay at Bow River Inn in Cochrane, you'll be within a 5-minute drive of Bow River and Cochrane Arena.
Opens in a new windowBow River Inn
Unique cottage

Unique cottage

Alberta AB
The price is AU$1,339 per night from 27 Dec to 28 Dec
AU$1,339
27 Dec - 28 Dec
includes taxes & fees
When you stay at this cottage in Ghost Lake, you'll be on a lake and 7 minutes by car from Bow River.
Opens in a new windowUnique cottage
Ghost Lake Manor House

Ghost Lake Manor House

4.5 out of 5
Township Road 263A Ghost Lake AB
When you stay at Ghost Lake Manor House in Ghost Lake, you'll be within a 5-minute drive of Bow River.
Opens in a new windowGhost Lake Manor House
Small Vintage Guest Ranch Accommodation

Small Vintage Guest Ranch Accommodation

Cochrane AB
The price is AU$392 per night from 27 Dec to 28 Dec
AU$392
27 Dec - 28 Dec
includes taxes & fees
This vacation home is within the region of Cochrane Arena.
Opens in a new windowSmall Vintage Guest Ranch Accommodation
Riverside Retreat - Secluded exotic villa in the Rocky mountains

Riverside Retreat - Secluded exotic villa in the Rocky mountains

Waiparous Village AB
With a stay at this villa in Waiparous Village, you'll be on the waterfront, and 12.5 mi (20.1 km) from Wildcat Island Natural Area and 13.7 mi (22 km) from ...
Opens in a new windowRiverside Retreat - Secluded exotic villa in the Rocky mountains
Private Cottage

Private Cottage

Alberta AB
The price is AU$1,579 per night from 4 Jan to 5 Jan
AU$1,579
4 Jan - 5 Jan 2026
includes taxes & fees
Located in Ghost Lake, this villa is on a lake, within a 15-minute drive of Bow River and Cochrane Arena.
Opens in a new windowPrivate Cottage
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Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.

Hotels in Water Valley

If you need a place to crash in Water Valley, you can pick from 4 awesome accommodation options within a 30-kilometre radius of its centre.

Upon waking up in your comfy bed at Days Inn & Suites - Cochrane and Super 8 Hotel & Suites Cochrane, it won't take long to reach Water Valley (as long as you don't hit the snooze button too many times!)

If you're still seeking a great accommodation option, we've got you covered! The Ramada Cochrane is just 30 kilometres from central Water Valley.

Attractions and Hotels Near Water Valley

If you've been blessed with the wanderlust gene (no duh, you're here right?), then you won't want to miss out on seeing the wider Southern Alberta region. Outdoorsy types should plan an outing to Water Valley's incredible rivers, streams, lakes and mountains. A few other must-see sights to whack on your list hit are old towns, art museums and nature museums. Looking for more? Common activities in this part of Canada include snowboarding, so get out there and have a crack!

Don't blow through before you've gone to the Olds College and the Mountain View Museum and Archives in Olds. If you're keen to spend a few nights in Olds, consider the rates at the Pomeroy Inn & Suites at Olds and Ramada Olds. 65 kilometres to the southwest of Water Valley you'll also find Dead Mans Flats, which is home to the Copperstone Resort by CLIQUE and Banff Gate Mountain Resort. Heart Mountain Trail and Grotto Canyon Trailhead are among the more popular attractions to check out when visiting Dead Mans Flats.

Canmore Caverns, the Silvertip Golf Course and Cross Zee Ranch are just some of the sweet attractions in Canmore. This regional centre is 65 kilometres southwest of Water Valley and has a population of 12,000. Rocky Mountain Adaptive Sports Centre and Grassi Lakes are a couple more sights that are sure to offer up some photo ops. If you're keen to stay in Canmore, check out the rates and amenities at the Rundle Cliffs Lodge and Solara Resort and Spa - Bellstar Hotels & Resorts.

If you've gotta stay near the airport, see if you can get a bed for the night at the Delta Hotels by Marriott Calgary Airport In-Terminal or the Hampton Inn by Hilton Calgary Airport North. And if you can't be bothered pulling out a map, Calgary International Airport is 55 kilometres away from central Water Valley.

Water Valley hotels essential information

Accommodation
85 hotels
Lowest Price
AU$70
Highest Price
AU$1,579
Popular hotels
Days Inn & Suites by Wyndham Cochrane, Super 8 by Wyndham Cochrane, Canalta Cochrane, Bow River Inn, Unique cottage, Ghost Lake Manor House, Small Vintage Guest Ranch Accommodation, Riverside Retreat - Secluded exotic villa in the Rocky mountains, Private Cottage

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