In 2001, the company which owns the hotel, Canadian Pacific Hotels, was reorganized into Fairmont Hotels and Resorts, adopting the name of the American company it had purchased in 1999. As a result of the company's re-brand, the Royal York was renamed the "Fairmont Royal York." In 2007 the Royal York, along with a number of other Fairmont properties, were sold to Ivanhoé Cambridge, although Fairmont continues to manage the hotel.
