Vancouver tourism booms, hotel rooms are hard to find, according to a report. Tourism in the region is booming as more Canadians avoid traveling to the US. This has also led to higher accommodation and car rental costs.
In addition to various locations across Canada, Vancouver is also seeing a surge in visitors from foreign countries such as the UK, Australia, Germany, Mexico and the US. People also visit the city to attend various conferences and cruise ship season. The city is expected to see a surge in visitors in the summer. But it's not yet clear whether it will break records, said Royce Chaquin, CEO and president of Destination Vancouver.
With the increase in tourist arrivals, demand for hotels has increased. But those in the industry say the growth in the hotel sector is not keeping up with demand. The CEO of Destination Vancouver stated that due to the lack of sufficient hotel service in Vancouver, they are focusing on increasing hotel capacity and accelerating the development of new hotels. As part of this, 23 projects are currently in progress.