NHL playoff runs give local businesses a major boost: Moneris
BNN Bloomberg
As hockey fans eagerly await the start of the Stanley Cup playoffs, businesses in the four Canadian cities with teams that qualified for the postseason are preparing for a big sales boost, according to Moneris.
The payment services firm examined sales data from the last three NHL postseasons and found that playoff games in Canadian cities provide a significant boon for local economies.
Businesses near a team’s arena consistently see the biggest uptick in sales, Moneris said.
During the second round of the 2022 NHL playoffs, the Edmonton Oilers battled their inter-provincial rival Calgary Flames. During Game 3 of that series, Edmonton restaurants near Rogers Place saw a 233 per cent increase in spending, Moneris said.
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