Vacation Rentals Vancouver Market Analysis For Olympic Games

Vancouver always remains a busy spot for the visitors from all around the world and has the tourism as of its second largest industry but in the current year with announcement of Olympic Games 2010 going to be held at Vancouver Canada , vacation rentals Vancouver has got a boom. The momentum has been started to rise and vacation rentals at Vancouver are getting bookings and business rapidly. There is a rough estimation that there will be more than 250,000 visitors during the Olympic Games. Therefore to satisfy this short term accommodation demand the public and private sector both are working and the local area will also be needed to turn into the short term housings to accommodate the arrivals and business.

Richmond, south of Vancouver is the main venue for Olympic Games from where the actual spot of winter games is situated at around one twenty (120) kilometers towards Whistler. This is almost a two hour’s drive from Vancouver. Vancouver being a largely populated area is mainly responsible for this accommodation deal and already has number of hotels, huts, condos, apartments and houses for the visitors. There are also some proposals to enhance that accommodation capacity for the short term needs and for this purpose some cruise ships can be used and some trailer containers can also be placed and furnished to fulfill the desired level of accommodation of visitors.

Local and private home owners and rental short term contract managers are also working to utilize the existing homes and their spare rooms to be able to rent out. These accommodations will not only for the tourists who will come to see the games but there are number of participant form all around the world, athletes and their teams and team organizers will be visiting in the form of full delegates so these also cannot be settled within hotels only. This requirement will not only give a huge business to city but will also cause the raise in rents and some cheaper level residential places will also be booked at higher rates. The industry has realized the importance of this event and advance bookings and planning of enhancements are underway.

If you are also planning to visit Vancouver during these days then we will suggest to visit Dream Vacation at earliest to get you accommodation booked before that every space get filled.

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