Metro Vancouver Hotel & Short Term Rental Market Discussion

[WarrenC12]

Originally Posted by kikin

I'm thinking hotels are even better for a neighborhood as people are here to be out and about enjoying things and spending money. Downtown benefits from both of course, but it seems every project for residential gets hampered by "social housing" requirements so recently I am thinking the more hotels and the less residential the better for a neighborhood I live in or frequent.

I'm pretty sure you don't want to live in a place that is constantly full of tourists. It seems a lot better than the reality.

[whatnext]

Originally Posted by WarrenC12

I'm pretty sure you don't want to live in a place that is constantly full of tourists. It seems a lot better than the reality.

I have to say I’ve never really felt the threat of over tourism in Vancouver except maybe during the height of the summer in the block around Canada Place or Water Street down to the steam clock. Otherwise they seem to disperse pretty easily around the city. Having a hotel on West Fourth or mid-Main would probably enhance those areas.

[Migrant_Coconut]

Originally Posted by whatnext

I have to say I’ve never really felt the threat of over tourism in Vancouver except maybe during the height of the summer in the block around Canada Place or Water Street down to the steam clock. Otherwise they seem to disperse pretty easily around the city. Having a hotel on West Fourth or mid-Main would probably enhance those areas.

One hotel, no problem. So many tourists that they outnumber the residents, as per the premise, makes for a less-than-healthy neighbourhood.

[chowhou]

Should be no different than any other type of more urban/downtown living. Are people that live in Gastown or Yaletown or Coal Harbour living in hell as a result of the number of non-residents (tourists or just people that live elsewhere) in the area or passing through, or is that just the reality of living in a city with all the expected perks and downsides?

[Migrant_Coconut]

... but it seems every project for residential gets hampered by "social housing" requirements so recently I am thinking the more hotels and the less residential the better...

...seems like a fairly debatable statement. Ideally, there'd be a healthy mix of both tourists and residents, which is what all of downtown seems to have at the moment.

[kikin]

hotels are definitely preferable to SRO's in a neighborhood

[jollyburger]

Deecorp's Granville project is at council in January

https://council.vancouver.ca/20260115/phea20260115ag.htm

[officedweller]

WRT hotels and tourists versus residents, I think that tourists can probably support local businesses more than residents do (assuming high occupancy) because they need to buy food and drink on a daily basis, while residents do not. Tourists are probably also looser on discretionary spending than residents.

The only downside that I see is that you don't want to live in a building with a lot of tourists (i.e. AirBnB) because they don't take care of the building and could create security issues. In terms of the neighbourhood, you may not want your front sidewalk to be a bustling sidewalk like Robson street flush with tourists, but those tourists are also spending money in your neighbourhood.

[officedweller]

Originally Posted by jollyburger

Deecorp's Granville project is at council in January

https://council.vancouver.ca/20260115/phea20260115ag.htm

Delta Pinnacle Hotel wants to expand its restaurant mezzanine in one of those applications.

1167-1193 Granville St.


https://council.vancouver.ca/20260115/documents/phea3rr.pdf


https://council.vancouver.ca/20260115/documents/phea3rr.pdf

Ground level - Hotel Lobby along back alley from Davie;
Lounge along Granville St.
2nd level - Restaurant along Granville St.,
meeting room along alley side.

https://council.vancouver.ca/20260115/documents/phea3rr.pdf

3rd level - Meeting rooms
4th level - gym, pool and spa.

https://council.vancouver.ca/20260115/documents/phea3rr.pdf

33rd level - Lounge bar

https://council.vancouver.ca/20260115/documents/phea3rr.pdf

[WarrenC12]

Originally Posted by officedweller

The only downside that I see is that you don't want to live in a building with a lot of tourists (i.e. AirBnB) because they don't take care of the building and could create security issues. In terms of the neighbourhood, you may not want your front sidewalk to be a bustling sidewalk like Robson street flush with tourists, but those tourists are also spending money in your neighbourhood.

The biggest problem with Airbnb is every night is party night, vs the rest of the building that's going to work the next morning.

[whatnext]

Originally Posted by WarrenC12

The biggest problem with Airbnb is every night is party night, vs the rest of the building that's going to work the next morning.

And the wear and tear on the building.

[kikin]

Originally Posted by officedweller

Delta Pinnacle Hotel wants to expand its restaurant mezzanine in one of those applications.
...

wow, I didn't know about this project, that is a huge improvement in that area, and the closing of the hojo sro will be a big plus too, Granville is going in the right direction finally

[hollywoodnorth]

how is this project coming along?

https://dailyhive.com/vancouver/marriott-hotels-pinnacle-capstan-station-richmond



https://www.westerninvestor.com/british-...t-to-hotel-construction-in-2025-10155472

U.S.-based hospitality market research firm Lodging Econometrics counted a record-high 59 hotel projects underway across the province this past summer, which are poised to add 8,439 new rooms to the B.C. market if all complete.

Data presented by HVS Canada at the Western Canadian Lodging Conference at the end of October indicated that just a fraction of those rooms are under construction right now, however.

HVS figures showed 30 projects with 5,500 rooms proposed for the Vancouver market, but just two projects under construction with 163 rooms.

Similarly, 15 hotels with a potential 3,500 rooms are proposed for the market area around Vancouver International Airport in Richmond, but just one project totalling 112 rooms is under construction.

[officedweller]

Originally Posted by hollywoodnorth

how is this project coming along?

https://dailyhive.com/vancouver/marriott-hotels-pinnacle-capstan-station-richmond

There was a pic posted under the Pinnacle Richmond thread from last fall.

[officedweller]

Summary of Hotel projects from Daily HIve:

https://dailyhive.com/vancouver/vancouve...elopment-pipeline-construction-proposals

[whatnext]

Who even knew Hyatt had properties branded "The Unbound Collection"?

Hyatt brand to take over Listel Hotel redevelopment on Robson Street
Kenneth Chan
Jan 26 2026, 3:00 pm

When the new hotel development on the former site of the Listel Hotel Vancouver opens in 2029, it will join The Unbound Collection by Hyatt brand.

The longtime hotel property at 1300 Robson St. in the West End closed in late 2024 in preparation for its redevelopment into a new 28-storey mixed-use tower, featuring hotel uses in the lower half of the building and market rental housing in the upper half...

https://dailyhive.com/vancouver/hyatt-un...tel-hotel-vancouver-robson-redevelopment

[csbvan]

I learned about it when the Spirit Ridge Resort in Osoyoos joined the collection.

[madog222]

New downtown hotel proposal. Across Howe from the Law Courts on a 25 foot wide lot.

948 HOWE STREET - To rezone from DD to CD-1 under the Downtown Rezoning Policy and Hotel Development Policy, to allow for the development of 21-storey hotel building over three levels basement levels with commercial retail space at grade, 355 hotel pods and 68 hotel rooms, a floor area of 4,856 sq. m (52,266 sq. ft.); a FSR of 23.5; and a building height of 62.4 m (205 ft.). 0 underground parking spaces and 26 bicycle parking spaces are proposed.

https://plposweb.vancouver.ca/Public/Default.aspx?PossePresentation=Guest&PosseObjectId=281770402

[csbvan]

Narrow site! Nice to see a pod hotel, we need hotels targeted at all user groups.

[officedweller]

Could mesh well with the neighbouring elevator core.


https://www.google.com/maps/place/948+Ho...I2MDEyMS4wIKXMDSoKLDEwMDc5MjA2OUgBUAM%3D