News
Jul 14, 2014
Freeman recently came out with a report, the Freeman Connections Report, which looks at the trends impacting the face-to-face event industry. Using the insight they’ve gained from producing more than 15,000 events each year, the report highlights 10 key technology and device trends they feel are having or will be having an impact on events.
The 10 technology and device trends highlighted are big data, 3D printing, augmented reality, proximity technology, wearable technology, mobile internet, second screen, telepresence and virtual events, flexible technology and nano-technology.
I asked… more
Jul 09, 2014
Trade Show News Network (TSNN) has unveiled the 2013 TSNN Top 50 Canadian Trade Show list of rankings.
Culled from show management and data supplied to TSNN, the list represents the top 50 trade shows held last year ranked by net square footage in Canada. The full list can be found at: http://www.tsnn.com/toplists-cdn.
Snagging the No. 1 spot once again for 2013 was Regina Exhibition Association’s Canada's Farm Progress Show, with a whopping 1,232,670 net square foot showfloor at Evraz Place in Regina, Saskatchewan.
The show, held last year in June, also drew 843… more
Jul 09, 2014
June was a very good month for the city of Boston, with the Massachusetts Convention Center Authority signing 38 contracts for events, breaking the previous best-month record of 30 events booked in December 2005.
The events signed in June are expected to generate 472,787 future hotel room nights in the city, which also tops the December 2007 previous high month of 435,484 room nights by 8.5 percent.
“As we celebrate the 10 year anniversary of the BCEC this summer, it’s nice to also celebrate yet another record-breaker,” said James E. Rooney, executive director of the MCCA.… more
Jul 08, 2014
Starting next month and expected to take a year to complete, the Los Angeles Convention Center will receive a $10 million upgrade designed to “enhance the customer experience and to help attract new shows,” according to Los Angeles Tourism & Convention Board officials.
Work will occur around shows and events scheduled in the center.
“The planned changes inside the Convention Center complement the changes taking place outside the Center, including new hotels, restaurants, shopping and cultural offerings throughout Downtown L.A.,” said Ernest Wooden Jr., president… more
Jul 07, 2014
Germany-based Messe München International will add ISPO SHANGHAI to its exhibition portfolio, which already includes ISPO BEIJING
The new event is set to be a strong, segment-overlapping sports business platform in the key growth market of China, according to show organizers.
The event’s venue and date – as well as the exhibition itself – were determined in in-depth discussions with industry participants.
“The needs and demands of our customers were a top priority for us,” said Klaus Dittrich, chairman of the Management of Messe München GmbH.
A widely… more
Jul 07, 2014
There seems to be no slowing down for the Chinese exhibition industry, with the country posting the most growth in five years, as well as a plethora of new centers being built.
UFI, The Global Association of the Exhibition Industry, released the 10th edition of its annual Report on the Trade Fair Industry in Asia, and net space sold in the overall Asian trade show market jumped by 6.6 percent in 2013 to more than 17.3 million net square meters (186 million net square feet), compared with 16.31 million net sq. m. (175 million net sq. ft.) in 2012.
Of that total, more than 55 percent was sold… more
Jul 07, 2014
Reed Sinopharm Exhibitions, a joint venture between Reed Exhibitions, the world’s leading events organizer, and Sinopharm, China's largest state-owned pharmaceutical group, will launch The Health Industry Summit (“tHIS”) next year in Shanghai.
This new event, to be held May 15-18 at the National Exhibition and Conference Center, which is the world’s largest single block exhibition complex, will combine a Summit program of more than 100 conferences with a massive 260,000 sqm exhibition area.
The event will be a collocation of three health industry exhibitions - CMEF, PHARMCHINA and API CHINA… more
Jul 07, 2014
Last week, Hong Kong-listed Pico Far East Holdings announced its interim results for the six months ended April 30.
Revenues were US$214 million, a slight increase by 1.7 percent, compared with the same period in 2013.
However, profits in the period dropped by 7.1 percent year-on-year, to US$11 million. Dilute earnings per share in the six-month period were HK$0.0713 (US$0.0092).
Pico’s largest business segment in the six-month period was the exhibition & event marketing services, generating US$160 million, or almost 75 percent of total revenues.
The second largest business… more
Jul 07, 2014
Earlier this week, the Hong Kong Trade Development Council(HKTDC) published its annual report for the financial year ended 31st March 2014. Revenues generated from exhibitions and trade missions were US$240 million, a year-on-year growth of 14%. Overall, the HKTDC’s total revenues, including the government subvention of US$50 million, were US$353 million, up 9.6%.
Revenues from product magazines & online marketplace were US$25 million, an increase of 2.2% over 2013. The operations of the HKTDC-owned Hong Kong Convention and Exhibition Centre(HKCEC) generated revenues of US$21… more
Jul 07, 2014
The Malaysia Convention & Exhibition Bureau (MyCEB) will organise its first Business Events Week (BEW) to showcase key insights, challenges and growth opportunities in Malaysia’s business events industry. The first BEW will be themed “Exceeding Expectations” targeting attendance from local Malaysian industry players.
The event will take place from 14th to 21st August 2014 at the Pullman Kuala Lumpur Bangsar. MyCEB has set a target to attract 2.9 million business tourist arrivals by 2020, which will contribute around 8% of the total targeted tourist arrivals of 36 million… more
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.