Vancouver hotel shortage prompts urgent push for new developments
Despite having some of the highest occupancy rates in North America, the city’s hotel supply has barely grown in over two decades.
25 June 2025
25 June 2025
Despite having some of the highest occupancy rates in North America, the city’s hotel supply has barely grown in over two decades.
The project is set within the UNESCO World Heritage Site of Victoria Falls, one of the Seven Natural Wonders of the World.
The hotel will be situated near the City of London's financial district.
The hotel's design will pay homage to San Diego's seaside heritage, featuring neutral tones, nautical-inspired elements, and wood accents.
The property is located approximately 26km from Shaheed Bhagat Singh International Airport, Chandigarh, and around 28km from Chandigarh Railway Station.
After accounting for discounts, the company received net proceeds of approximately $1.41bn from the notes offering.
The four-storey, 99-suite hotel features a new exterior paint scheme and elegant stone accents.
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