Portland Marathon a boost to city's economy

Portland Marathon a boost to city's economy

Credit: brittp

Portland Marathon a boost to city's economy

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by Joe Smith, KGW business reporter

kgw.com

Posted on October 4, 2013 at 4:17 PM

PORTLAND -- Sunday’s Portland Marathon attracts runners from around the world--31 counties in fact. When it comes to the finish line, the city is also a very big winner.

Between car rentals, hotels, restaurants and retail shops, this one race gives the city good money for its run. For the 42nd year, downtown rolls out the welcome mat.

The race brings 7,500 participants, along with friends and families, to the Rose City.

The race has an overall economic impact of $20 to $30 million over three days. A huge money maker before the race is the expo. There hundreds of local and national companies sell anything and everything that can be remotely tied to running.

Linda Stein is spending. She just turned 50 and is running her marathon.

“Probably easily $3,000 to $5,000 just in gear--remember I never did this. With the gear and the training and the hotels, and walking through this place and buying stuff,” she said.

Most of the downtown hotels are at capacity. Many are booked out some 60 days ahead to ensure a good night’s rest.

Restaurants are setting the table, many with special carb loading pasta dishes for the weekend.

It also means a wind fall for the city. The 12-and-half percent hotel tax will generate some $120,000.

The Portland marathon is one of the country’s top ten largest.

More: 15,000 expected for Portland Marathon Sun.

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