Although Marriott International Inc. has recently opened two hotels in Vancouver, the hotelier says it has even bigger plans in mind.
Marriott is the largest hotel company in the world. Indeed, it has international appeal and some of the most awe-inspiring accommodations available.
While Vancouver has beautiful hotels, they have yet to match the world’s finest offerings. From the epic W hotel on the water in Barcelona, to the exquisite Ritz-Carlton accommodation in Saudi Arabia, there are some breathtaking properties across the globe.
Now, Marriott says that they are looking to expand this level of luxury to our oceanside city.
Luxury Hotels In Vancouver
In an interview with Western Investor, the hotel giant said that, “Vancouver is a good hotel market. This can support quality luxury hotels. So for me, W, Ritz-Carlton and St. Regis would be three brands we’d love to bring to the market.”
A different hotelier already owns the St.Regis downtown, so Marriott may run into difficulty taking over.
With this in mind, the city has long touted the idea of having a Ritz-Carlton property. There was a tower constructed for the accommodation, but no further announcements or developments have been announced for the space.
Canada already has two Ritz-Carltons: one in Montreal and one in Toronto. They are extremely luxurious and popular, and insiders speculate that Vancouver has the demand for such accommodations.
CBRE hotels director David Fergeson told Western Investor that, “Someone paying an average of $250 per night for a luxury hotel three years ago is likely paying more than $400 per night today.”
Evidently, people are willing to pay top dollar for premium accommodations in Vancouver’s growing market. If the construction of the supercar condominium in Richmond is any indication of Vancouver’s desire for luxury, the city can look forward to more lavish accommodations to come.
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