Vancouver heading toward gong show during FIFA World Cup, developer warns amid hotel shortage
Developer Stanley Dee warns Vancouver may struggle to accommodate the expected 350,000 visitors during the 2026 FIFA World Cup due to a severe hotel room shortage. The city currently has around 13,000 hotel rooms, a figure that has stagnated for over a decade as developers focused on more profitable condo projects. Dee notes that without urgent action, visitors may face a chaotic situation, with hotel prices potentially rising by over 200% during the tournament. Premier David Eby acknowledges the demand for short-term accommodations but has not committed to easing rental regulations for the event. A recent Deloitte analysis, commissioned by Airbnb, predicts a shortfall of 70,000 room-nights across Metro Vancouver, which could result in tens of millions in lost visitor spending.
Dee argues that the World Cup is highlighting a long-standing issue, stating Vancouver needs 10,000 new hotel rooms by 2030 to meet demand. He suggests the province issue temporary licenses for short-term rentals to alleviate the pressure. Dee’s comments reflect concerns that Vancouver's accommodation crisis could damage the city's reputation as a host for global events.