Calgary business gets thrown a lifeline from the return of the Stampede

It’s been a tricky 17 months for the owners of Smithbilt Hats, after the Calgary Stampede, the catalyst of a large chunk of the company's business, was cancelled completely in 2020.

This year however, with the event getting the green light from the provincial health authorities, sales of the famed wild western hatters spiked.

“It wasn’t quite what it has been in past years but it was definitely an improvement over the months before that,” said Brian Hanson, master hatter with Smithbilt Hats.

Hanson said he noticed a lot more foot traffic and people inquiring about corporate events.

The Calgary Stampede announced Monday 528,998 people walked through the gates this year. That is a little more than 40 per cent of the 1, 275, 465 people who attended in 2019.

The Stampede said previously that success of the 2021 event shouldn't be measured in attendance but rather how the municipal mindset changed this year.

“Above all else we learned this year that our experiences are the truest measure of success,” said CEO Dana Peers.

“As we celebrate the success, we are now seeing our national events begin to open in their own ways. Only weeks ago, they would not have considered it.”

LOOKING AHEAD TO 2022

Peers said the ball is rolling on plans for next year.

“With the 2021 Stampede behind us, we’ll begin to look at how 2022 can be even bigger and better than ever,” he said.

“We’ll take valued learnings from this year and build upon them.”

For Hanson's iconic Smithbilt brand, the Stampede is a major catalyst for business, and now it’s time to create more supply.

“We spend all year building up stock to get ready for this, so we’re going to start again,” said Hanson.

HOTELS BUSIER

Tourism Calgary said Calgary hotels saw a massive jump in reservations, although not pre-pandemic levels, enough to keep them afloat.

“In winter they were at three and six percent occupancy, so to go to 50 to 65 per cent occupancy, that is just life changing for them,” said Cindy Ady, CEO of Tourism Calgary.

The Calgary Chamber of Commerce said businesses did receive a boost from the Stampede being held this year.

“Realistically, businesses were not expecting a Stampede that reflected a full return to normal,” said Deborah Yedlin, CEO of the Calgary Chamber of Commerce.

“What they prepared for, and were able to deliver, was an experience that included increased safety measures, reduced capacities, and a commitment to reopening safely and permanently so the economic potential of future events can be fully realized.”