The Canadian Ski Hall of Fame and Museum will be moving to Mont Tremblant, Quebec, following a lengthy search for a new home that included Revelstoke.
"Tremblant's bid reached the podium because of overwhelming community support," said Chris Edgell, the museum's director. "There was also consensus that the St Jovite Mont Tremblant Region represents one of Canada's cradles of ski culture and racing folklore."
Revelstoke was one of five finalists for the museum's location, along with North Vancouver, Rossland, B.C., Whistler, B.C., and Mont Tremblant.
The museum was located in Ottawa but started looking for a new location in 2011 due to the lack of space, considerable expenses and extensive competition for visitors in the nation's capital.
Revelstoke proposed to host the museum in the Century Vallen building on Fourth Street West and Connaught Avenue.
Mont Tremblant Ski Resort is one of the oldest and most popular ski hills in Canada, having opened in 1939.