The Granville Island Hotel is located on Granville Island and is just a five-minute walk to the Improv Centre, the Granville Island Market, the Arts Club Theatre, numerous restaurants, and all the other amenities and attractions that Granville Island has to offer.

The next nearest quality hotel is the Holiday Inn Vancouver Centre, 711 West Broadway, a 1.9 km walk from the Improv Centre, mostly along the False Creek sea wall.