Visitors to Ottawa will find the full range of accommodations—from youth hostels, budget lodgings and historic bed-and-breakfasts to deluxe hotels and resorts. Choose a downtown location for easy access to the major attractions. The venerable Fairmont Chateau Laurier perches on the banks of the Rideau Canal downtown. Since 1912, it has been a gathering spot for some of Canada's leading citizens. Another historic property is the Lord Elgin, which dates from the 1940s.