Over 5,800 new hotel rooms across 29 projects now in Vancouver's development pipeline

Vancouver's largest hotel project in decades gets City Council approval

Construction begins on Marriott's 30-storey Moxy and Elements hotel in downtown Vancouver

29-storey hotel tower with rooftop pool proposed next to Stanley Park in downtown Vancouver

Proposed new Vancouver floating hotel includes onboard public restaurants and bars

100% boutique hotel conversion for office tower near Vancouver Convention Centre Centre

Concord Pacific proposes two West Broadway towers up to 35 storeys with hotel and condos

New Hilton hotel on West Broadway in Vancouver downsized for new rental housing component

Developer aiming to build three Vancouver hotel tower projects with nearly 1,000 rooms

While these numbers are strong, there remains a substantial risk that many proposed projects may not ultimately be realized. The current development environment is very challenging, with escalating construction costs for materials, labour, and equipment, alongside elevated borrowing costs that make financing more difficult — especially with hotel projects generally deemed to be a higher risk for financial institutions. Growing operating costs are also a challenge for hotel businesses in this region, especially with labour costs.

But the recent surge in interest in building hotels reflects not only robust hotel demand and the region’s long-term tourism fundamentals, but also softer market conditions for office space, rental housing, and strata condominium ownership. These challenges have prompted some developers to pivot toward hotel uses, where demand remains comparatively strong. Recent policies approved by Vancouver City Council have further supported this shift by allowing increased density, height, and design flexibility for hotel and mixed-use hotel-residential projects, improving overall project viability.

Most of the hotel projects located outside the downtown Vancouver peninsula are situated within the City’s Broadway Plan area and are within a short walking distance of future SkyTrain stations on the Millennium Line’s Broadway extension.

City staff indicate that approximately 40 per cent of proposed hotel rooms will be traditional short-term accommodations, while the remaining 60 per cent will be designed to accommodate longer stays. Long-term stay units are typically larger and include additional in-suite amenities — such as kitchens and, in some cases, laundry facilities — and are serviced by housekeeping less frequently.

These long-term stay hotels are particularly well suited to business travellers in the film and television production industry, as well as the technology and healthcare sectors. They also serve temporary workers, individuals attending training programs or relocating for work, and patients and families seeking accommodation while accessing specialized medical treatment at Vancouver’s major hospitals.

The most significant recent hotel completion is the Keefer House Hotel at 123 Keefer St. in Chinatown, which opened in October 2025 and provides 58 long-term stay suites.

The largest hotel project currently under construction is a 30-storey, entirely hotel-use tower at 848-850 Seymour Street, adjacent to the Orpheum Theatre. Construction on this Marriott-branded property began in Spring 2025. When it opens in 2028, it is expected to offer 390 rooms under the Moxy short-term stay brand and the Element by Westin long-term stay brand.

Construction also commenced in Spring 2025 on the redevelopment of the Listel Hotel at 1300 Robson St. The project will replace the former building with a 28-storey mixed-use tower containing 174 hotel rooms — a net increase of 52 rooms — and 126 secured, purpose-built market rental homes.

The single largest rezoning-approved hotel in the development pipeline is a 29-storey tower with 586 rooms planned for the former parkade site at 516-534 West Pender St. and 509 Richards St. City Council approved the rezoning application in October 2025, marking the largest hotel project approval in decades, and a development permit application followed shortly thereafter. This is a 100 per cent hotel project.

But the largest hotel project in the overall development pipeline is the 1,034-ft-tall, 100 per cent hotel tower proposed as a part of the three-tower, mixed-use redevelopment project of the Hudson’s Bay parkade at 501-595 West Georgia St. This landmark tower — the tallest building in Western Canada — would contain 920 guest rooms, with a mix of short-term and long-term stay suites, as well as over 70,000 sq. ft. of conference and meeting space and a striking observation deck attraction at the very pinnacle of the building. The rezoning application is expected to be considered by City Council later in 2026.

This week, City Council is expected to approve the rezoning application to redevelop 717 Davie St. in the Granville Entertainment District into a 33-storey hotel with 464 rooms.

Later this year, City Council will also consider a rezoning application for a 29-storey hotel at 2030 Barclay St. in the West End, adjacent to Stanley Park. The project would include 292 rooms, with a mix of short-term and long-term stay suites.

Another notable proposal anticipated to receive approval later this year is a rezoning application for a permanent floating hotel in Coal Harbour, immediately adjacent to the Vancouver Convention Centre’s West Building. The project would feature six decks above the waterline, 250 luxury rooms, and a publicly accessible main level with restaurants, bars, and a spa, creating a distinctive destination hotel.

A further significant project involves the full renovation and conversion of the 12-storey, 1966-built office building at 1111 West Hastings St. — also near the convention centre — into a 180-room hotel under the Le Germain Hotel brand. The development permit application was approved in December 2025, with opening targeted for 2029.

A notable cluster of hotel projects is emerging near SkyTrain’s future Oak–VGH Station, within a one-block radius of the intersection of West Broadway and Laurel Street. This includes the approved 12-storey AC Hotel by Marriott at 901 West Broadway with 151 rooms; a proposed 16-storey hotel at 888 West 8th Ave. with 152 rooms; and a revised Hilton Curio redevelopment of the former Park Inn & Suites by Radisson at 888 West Broadway. The latter has been downsized to 279 rooms and now includes 105 secured, purpose-built rental homes, replacing more than 100 previously planned hotel rooms.

Nearby, an 18-storey hotel is proposed for 1500-1588 West 3rd Ave., adjacent to the south end of the Granville Street Bridge near Granville Island. The project would deliver 160 rooms under the Wyndham Hotels & Resorts brand.

Additionally, just one block west of SkyTrain’s future South Granville Station, a 35-storey mixed-use tower is proposed at 1368-1398 West Broadway, featuring a 257-room hotel alongside 172 strata condominium homes.

Another emerging cluster is forming near SkyTrain’s future Mount Pleasant Station. A proposal is advancing to redevelop 75 East 8th Ave. into a 22-storey hotel with 190 rooms. In Fall 2025, preliminary discussions also began regarding a potential redevelopment of 1940 Main St. and 143 East 3rd Ave. into two 30-storey hotel towers with approximately 500 rooms, along with a Filipino cultural centre. This project is expected to advance to the rezoning application stage in 2026.

Near SkyTrain’s future Great Northern Way-Emily Carr Station, a proposal has also been submitted to redevelop 375 East 1st Ave. into a four-tower mixed-use development of up to 40 storeys, incorporating residential, commercial uses, and a 225-room hotel.

Further to the north, there are two notable hotel proposals within or adjacent to Gastown. These include a revised mixed-use redevelopment of the former Army & Navy department store complex, which would incorporate a 179-room hotel along West Cordova Street, as well as a separate 13-storey hotel at 80 Powell St. with 90 rooms.

Two hotel projects are also eyed immediately east of the new Oakridge Park mall and SkyTrain’s Oakridge-41st Avenue Station; an approved mixed-use project at 488 West 43rd Ave. incorporates a 233-room hotel, while a mixed-use proposal just to the south at 6012-6088 Cambie St. includes a 94-room hotel.

According to Destination Vancouver, across the entire Metro Vancouver region, a total of 20,000 new additional hotel rooms are needed to meet demand, including 10,000 within the city of Vancouver and another 10,000 in other areas of the region.

Other than the Vancouver projects, there is also some increased hotel development activity in other areas of the region, especially near SkyTrain stations in Richmond.

Tourism is one of Metro Vancouver’s largest and strongest industries, supporting a significant number of jobs and businesses. Without additional hotel room capacity — particularly in areas of highest demand within the city of Vancouver — the region risks becoming less competitive for visitors, experiencing even higher overnight room rates that are already among the highest in Canada, and losing its ability to attract major events and conventions.

Currently, there are about 25,000 hotel rooms across Metro Vancouver, including 13,000 within Vancouver. If these projects are fully realized over the next 10 years, the number of hotel rooms in the city and region would be increased to nearly 36,000 regionally and almost 19,000 within the city.

This would reverse earlier losses in hotel capacity and deliver a significant net gain. Vancouver currently has fewer hotel rooms than it did in the early 2000s, largely because older hotels have been renovated for residential use or demolished for redevelopment, and because governments, at the height of the pandemic, purchased older, lower-tier hotel properties for rapid conversion into supportive housing.

Some of the most significant losses over the past decade came from the closures of the 269-room Coast Plaza Hotel and the 357-room Empire Landmark Hotel, both located in downtown Vancouver’s West End.

The largest hotel completion in recent memory was the 2017 opening of the JW Marriott and Marriott’s The Douglas hotels within the Parq Vancouver casino complex.

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