The annual marathon alone gen­er­ates nearly $140 mil­lion in rev­enues for local hotels, shops, restau­rants, and other busi­nesses, according to the Boston Ath­letic Asso­ci­a­tion, which spon­sors the race.

This won’t be just affecting the marathon, it’s likely to affect events that will happen out­doors this summer,” said Alan Clayton-​​Matthews, a North­eastern Uni­ver­sity pro­fessor who focuses on the region’s economy. “People are going to remember that video of the bomb exploding on the side­walk and be wary of crowds and going out and about.”

The greater metro area’s $325 bil­lion economy could also suffer if secu­rity con­cerns give pause to out-​​of-​​town con­ven­tion plan­ners. Boston area hotels sold 6.3 mil­lion room nights last year, gen­er­ating $1.4 bil­lion in rev­enues. Even before the marathon attack, con­ven­tion book­ings were expected to soften this year, according to the Greater Boston Con­ven­tion and Vis­i­tors Bureau.

Read the article at NBC News →