BOSTON-The echoes of last week’s terror attack could be felt in almost every sector in those frightening first days succeeding the deadly crashes, but as the process of picking up the pieces begins, there are fears that the attack will have longer-term impacts on the local hotel and tourism industries.

With the airports closed last week, conventions were cancelled, as were hundreds of hotel reservations. “The immediate impact was very bad,” Art Canter, executive director of the Massachusetts Lodging Association, tells GlobeSt.com, noting that the impact is still being felt. “People are canceling conventions, meetings and flights are already backed up.” Canter notes that one hotel he had just spoken to tells him that they are going to lose a significant amount of business. “We were already dealing with an economic slowdown,” he points out. “Now some airlines are cutting 50% of their flights and others are cutting 20 to 25% of their flights. We are envisioning that will be a significant drop in hotel business. I think people are going to be very cautious about travelling. Many people are afraid.”

A number of shows and conventions were cancelled at the Hines Convention Center here but Andy Antrobus, spokesperson for the Massachusetts Convention Center Authority is quick to emphasize that the concerns were less about security and more about the fact that people simply couldn’t get here. “We haven’t heard a negative word yet for things that have been booked,” he tells GlobeSt.com. “We are in the process of confirming future bookings.” Antrobus also says that the proposed convention center currently going up here in South Boston will not be affected by last Tuesday’s terror attacks. “The steel is going up on both wings,” he says. “The project is moving forward.” Pat Moscaritolo, executive director of the Greater Boston Convention and Vistors Bureau, agrees that the planned center will probably not be impacted by the recent cancellations because it is booking so far into the future. “The Center is not opening until 2004,” he tells GlobeSt.com. “They are selling into 2007, even 2010. We’re talking a long-term view here. Hopefully, the industry will recover by then.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.