Vancouver Addresses Hotel Shortage

This is a Vancouver news story, published by vancouversun, that relates primarily to Ingrid Jarrett news.

Vancouver news

For more Vancouver news, you can click here:

more Vancouver news

Ingrid Jarrett news

For more Ingrid Jarrett news, you can click here:

more Ingrid Jarrett news

real estate & housing news

For more real estate & housing news, you can click here:

more real estate & housing news

vancouversun news

For more news from vancouversun, you can click here:

more news from vancouversun

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like real estate & housing news, you might also like this article about

hotels Vancouver

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest hotel room shortage news, hotel development policy news, real estate & housing news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

hotel accommodation shortage

vancouversun

•

Business

Business & Economics

Vancouver eyes major hotel policy overhaul to tackle room shortage

Summary

Nutrition label

64% Informative

A new report says Vancouver has about 13,000 hotel rooms across 78 hotels, a drop of about 550 rooms since 2020 .

Tourism organizations, including Destination Vancouver , warn the city risks losing out on billions in economic activity.

Vancouver needs about 10,000 new hotel rooms by 2050 to meet growing tourism demand.

It will also contribute $1.1 million to a fund to replace the affordable housing units lost in the redevelopment. Ingrid Jarrett , former CEO of the B.C. Hotel Association , expects that removing some of the red tape around new hotel development in Vancouver would have numerous benefits. “This is about more than hotel rooms — it’s about building a vibrant, resilient city. Hotels are economic engines and social anchors,” Jarrett said in a statement Wednesday . “They support jobs, events, tourism, local businesses and can enliven neighbourhoods.”.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful