Market Report
Vancouver Hospitality Market Report
2026 Investment Forecast
World Cup to Drive Performance
While Highlighting Limited Hotel Supply
Strong outlook underpinned by global events and tight supply. As one of the hosts for the FIFA World Cup in 2026, Vancouver is poised to see another year of modest growth for its hotel sector. The event will draw significant international visitation, boost group and leisure demand, and provide global exposure for the city’s already strong hospitality industry. This demand surge will be layered onto already tight market conditions, as Vancouver continues to operate with some of the most limited hotel supply among major Canadian metros. While the city is considering loosening restrictions on short-term rentals such as Airbnb to expand accommodation options, the scale of that supply remains modest compared with traditional hotels, ensuring pricing power largely stays with operators. With average daily rates already among the highest in the country, the influx of global travellers in the summer months will likely push performance to record levels by year-end. Beyond the World Cup, Vancouver’s role as an international gateway, in addition to its strong convention and leisure base, will sustain long-term demand, reinforcing the metro’s position as one of Canada’s most resilient hotel markets.
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