News
Jul 28, 2011
U.K.-based United Business Media bought International Business Events, the owner of the Ecobuild exhibition business, for an initial cash payment of $51 million followed by another $33 million payable during the next 12 months.
UBM acquired the business on behalf of its UBM Built Environment division, according to company officials. Ecobuild’s CEO David Wood will remain with the business until mid-2012.
Ecobuild, an exhibition for sustainable building products, was launched in 2004 and is held annually at ExCeL London.
“Ecobuild is a great show that complements our other businesses in… more
Jul 25, 2011
Business Events Sydney (BESydney), tasked with promoting MICE opportunities in Sydney and New South Wales (NSW), has reported that the organisation supported 67 successful bids for business events during the 2010-2011 financial year – generating revenues of US$198 million for the NSW economy. As a result, the 67 events will deliver an estimated 55,000 delegates to NSW – an increase of 28% over the 2009-2010 figure.
BESydney expects that the additional space to be provided by the new Sydney International Convention and Exhibition Centre (scheduled to be completed in 2015) will… more
Jul 25, 2011
The Taiwan government’s trade promotion body, Taiwan External Trade Development Council (TAITRA), is reportedly planning to lead a delegation team to mainland China next month to seek out possible trade show partnerships. The tour is to be organised on the back of the Taiwan-China Economic Cooperation Framework Agreement (ECFA) signed last year.
According to media reports, the executive vice president of TAITRA, Walter Yeh, has stated that the delegation will hold meetings in Shanghai, Chengdu, Xian, Shenzhen and Xiamen with potential trade show partners. Yeh added that an agreement… more
Jul 25, 2011
The “Maximise Your Business Opportunity in ASEAN through Thailand’s Champion Trade Shows” business forum recently was organized by the Thailand Convention & Visitors Bureau with the aim to attract Indonesian visitors to five ‘champion’ trade shows being supported by the bureau.
At the forum, the two countries came together on agreements in the exhibition industry with the goal to create long-term mutual economic benefits, according to TCEB officials.
The event was part of TCEB’s “Better the Best” campaign, which focuses on some of the… more
Jul 25, 2011
China International Travel Service (CITS), one of the largest domestic and outbound travel agencies in China, has acquired stake in the Incentive Travel & Conventions, Meetings China (IT&CM China) through its MICE division. IT&CM China, a MICE and corporate travel trade show based in China, had previously been owned and organised by TTG Asia Media and MP International since 2007.
In 2012, IT&CM China will be co-organised by TTG Asia Media, MP International as well as CITS. The next edition of the event will be held at Shanghai World Expo Exhibition and Convention Center… more
Jul 25, 2011
Hong Kong-based AsiaWorld-Expo plans to launch two new environmentally friendly initiatives; a carbon reduction program and ‘Green Menus’ by the venue’s banqueting team.
New aspects of the Carbon Reduction Programme include the recycling of other plastic waste, the recycling of food waste and the recycling of wood, as well as the use of induction lighting, which enables energy savings of more than 50 percent, compared with metal halide lighting.
Another key aspect of this new program is that AsiaWorld-Expo will also offer its full support to event organizers who want… more
Jul 25, 2011
The 8th edition of machine tools and metalworking exhibition, MTA Vietnam, has concluded with attendance of 8,243 visitors – up 19% from its previous edition in 2010. The show’s organiser is Singapore Exhibition Services (SES), a member of Allworld Exhibitions. The four-day trade show was held at the Saigon Exhibition and Convention Center (SECC) from 5th to 8th July this year.
SES reported the show occupied a total of 7,800 m2 of space at the SECC, which accommodated around 320 exhibitors from 27 countries and regions. Participating country pavilions included representatives… more
Jul 25, 2011
Even though it’s still more than a month away, Reed Exhibitions’ CIBTM, The China Incentive, Business Travel & Meetings Exhibition is on track to be the biggest ever, with more than 300 exhibitors, a 21-percent increase, compared with last year’s event, as well as approximately 300 hosted buyers, a 25-percent increase, compared with 2010.
CIBTM, set to take place Aug. 30–Sept. 1 at the China National Convention Centre, also will have 14 domestic tourism boards that will participate as exhibitors this year, including Beijing, Shanghai, Yunnan, Hangzhou, Gansu,… more
Jul 11, 2011
Clean Energy Expo China 2011 recently wrapped up in Beijing and attracted nearly 17,000 attendees to the China National Convention Center.
CEEC 2011 featured 320 exhibitors from 19 countries and regions, including national representations from Germany (led by the German Industry & Commerce), Canada (led by the Ontario Investment and Trade Services, Ministry of Economic Development and Trade) and the Netherlands.
There also were several big-name industry sponsors and exhibitors on hand, such as SSB/Emerson, BASF, Siemens, Bachmann electronic, CSR Zhuzhou, LDK, State Grid, Longyuan… more
Jul 11, 2011
After growing through the global recession in both 2008 and 2009, the trade fair industry in Asia expanded yet again in 2010, according to the recently released “The Trade Fair Industry in Asia” UFI/BSG report.
Across the region, 15.5 million square meters were sold by organisers at 1,833 events.
China leads the region by every measure including space sold. Approximately, 55 percent of the total was sold in China – 8.5 million square meters at more than 500 business-to-business exhibitions.
This is particularly significant given that in 2005, space sold in all of… 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.