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Stampede Demand Limits Temp Accom Options and Affordability

June 29, 2012:

Due to the 100th Anniversary of Calgary Stampede and the recent huge Petroleum Show, temporary accommodation is virtually unavailable in the Calgary area until after July 31st.    Given the high demand, the price for any available accommodation has escalated upwards to $300 – $500 per night, which is unrealistic for most relocation programs and Transferees budgets.

We are aware that Canmore may have some space but, again, it is very pricey (even without Stampede issues).   Other outlying areas such as Airdrie also have some availability but they are also at inflated prices at this time.

If possible home finding visits should be delayed until after the festivities are over.  This would be beneficial for everyone.

While we are forecasting that availability and pricing will revert to normal levels in August we do expect that there will be a pent up demand.  We recommend that you book now for any temporary accommodation requirements needed for August 1st.

Posted on June 29, 2012 in Relolert

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