CAMBRIDGE – The Head of the Charles Regatta is slated to take place this weekend. This year’s two-day event, scheduled for Oct. 19 and Oct.20., will reportedly see attendees spend close to $88 million, according to the Greater Boston Convention & Visitors Bureau and McKinsey & Co.
In their economic analysis, the bureau took into account an estimated 11k athletes set to participate from 800 schools that travel from more than 20 countries to compete in more than 60 events.
As always, the rowing races will begin at Boston University’s boathouse with a finish line of Christian A. Herter Park off Soldiers Field Road.
With those athletes comes coaches, other school staff and families set to spend on lodging, food and transportation to the tune of $70k, as reported by NECN.
Another estimated $18k is expect to come from the public. In its 55th year, the popular rowing event attracts on average more than 200k attendees looking to watch the largest regatta in the world while enjoying a slew of food options from nearby Harvard Square and vendors. Recreational tourism will make up the rest of the projected spend.
On site vendors will include Ruth Chris, Boston Burger Company, Slush King to Lobster Craft. This year’s Head of the Charles Regatta will also feature a new beer garden from FALS Bar.
On top of food, a rowing and fitness expo will also be featured as well as displays by boat builders.
Racing will begin at 7:45 a.m. on both Saturday and Sunday with last heats scheduled for 4:43 p.m. on Saturday and 4:12 p.m. on Sunday.