Vancouver has no shortage of accommodations to fit every budget. You should try to find accommodations on the waterfront to enjoy spectacular views of both the water and the mountains. According to most, your best bet for waterfront accommodations would be Gastown or Point Grey. Staying in either of these neighborhoods is also convenient walking distance to many of Vancouver's top attractions. Waterfront hotels tend to fill up quickly, so book in advance. 

Downtown and West Vancouver are also prime hotel locations, as they are close to shopping areas, restaurants and nightlife. These areas are navigable by foot and public transportation is easily accessible, but room rates in these districts might be high due to their prime tourist locations. However, you avoid downtown hotels on South Granville Street. While the hotels themselves offer affordable rates, the area itself is a popular hangout for panhandlers.

For more budget-friendly accommodations, make reservations in North Vancouver. However, while the price may be right, many of the chains and small bed and breakfasts in this area are not within walking distance of the city's more popular attractions. Public transportation is readily available.

• Most of the hotels are in the downtown area or in the West End. Central Vancouver is small and easily walkable, so in both of these neighborhoods you'll be close to major sights, services, and nightlife." -- Frommer's
• For hotels, last-minute lodging can typically be found, but it's a good idea to book at least one month in advance. Book at least three months in advance for visitation during the high season or popular events to ensure availability." -- Smarter Travel
• Hotels with a water view are coveted and get booked up well in advance, as do some of the heritage bed-and-breakfasts you'll find in the more fashionable neighborhoods such as the West End." -- Fodor's
• It's also worth remembering that kids stay free at many Vancouver hotels. Some of these have kitchenettes where you can chef up your own nosh to keep your dining budget down." -- Lonely Planet