While smaller groups and individuals are canceling hotel reservations by droves in Denver and other cities across the country, large conventions typically go forward, says Eugene Dilbeck, president of the Denver Metro Conventions & Visitors Bureau. It's often written into their bylaws that they can't cancel because of things such as electing board members, he says.

''But, the number of attendees will likely be down,'' which will lessen the economic impact on Denver, Dilbeck tells GlobeSt.com. ''And exhibitors may reduce the amount of square footage they purchased.''

So how much does he expect the attendance to drop?

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