On the Granville Strip, this warren-like hostel is more of a party joint than its HI Downtown sibling. Some of the benefits of its past hotel incarnation remain, including air-conditioning and small rooms, some of which are now private, with the rest converted to dorms with up to four beds. There are dozens of two-bedded rooms (some en suite).
Snag a back room to avoid Granville St noise issues. Kitchen facilities are limited to microwaves and toasters but a free continental breakfast is included. There's a brimming roster of social activities, including regular sightseeing tours. Location-wise, this hostel is within staggering distance of many bars and clubs.