Jul 10, 2023
Exhibitions remain a valued sales and marketing channel among event teams and their senior leadership, but global inflation — along with increasing exhibit costs — is changing the way budgets are distributed between events or decreasing per-event spend on in-person events in 2023, according to a Exhibit Leader Insights 2023 report released in June. Budget cuts for exhibit-related activities may be looming for those who are struggling to demonstrate exhibit ROI against business and commercial objectives.
Findings from the report shed light on the dynamic nature of exhibit marketing in… more
Jul 07, 2023
A government crackdown on impersonation fraud targeting the business events industry may soon become a reality thanks to efforts spearheaded by the Exhibitions and Conferences Alliance (ECA) and its 10 professional and trade associations, in addition to numerous other industry entities that make up the face-to-face business events industry.“For far too long, the industry has been preyed upon by the hotel reservation scams and the attendee list scams that not only harm our events but are also a form of identity theft for all the people who get targeted by these scammers,” said Tommy Goodwin,… more
Jul 06, 2023
More than 30,000 professionals from all facets of the jewelry industry recently converged once again at The Venetian and The Venetian Expo in Las Vegas for a week of product sourcing, education and networking at JCK, considered one of the world’s most important jewelry industry gatherings that has served as a global launchpad for jewelry trends, products and brands for three decades.
Held June 2-5, operated by RX and collocated with sister show Luxury, the massive trade show and conference confirmed its status as a one-stop destination that boasts the most diverse selection of brands and… more
Jun 29, 2023
Atlanta-based private equity firm, MSouth Equity Partners, acquired Fern Exposition Services, a trade show service provider and general contractor with headquarters in Cincinnati, Ohio. The value of the deal was not disclosed.
Fern will join forces with Nth Degree, an existing MSouth portfolio company and provider of comprehensive trade show management, labor, and event production to some of the largest brands in the U.S. and internationally.
The combination of Nth Degree and Fern gives MSouth a prominent footprint in the in-person event and experiential… more
Jun 27, 2023
LightFair, North America’s largest architectural and commercial lighting trade show and conference, recently brought together more than 11,500 global lighting industry professionals for five days of education, discovery and networking at its most recent trade show and conference, held May 21-25 at the Javits Center in New York City.
Owned by the International Association of Lighting Designers (IALD) and the Illuminating Engineering Society (IES), the show is produced and managed by International Market Centers (recently rebranded as ANDMORE).
According to show officials, LightFair… more
Jun 26, 2023
Larry Arnaudet, executive director of the Exhibition Services & Contractors Association (ESCA), announced his retirement, effective December 2023, following an impressive career in the meetings and conventions industry.
"Yogi Berra once said, 'When you come to a fork in the road, take it,'” Arnaudet told Trade Show News Network (TSNN). "Well, I’m there now and can see that fork ahead. After 53 wonderful years in this incredible industry, it’s time to hang up the coat and tie and catch up on all the holidays, birthdays, anniversaries, etc., that eluded me over the years."
Arnaudet’s… more
Jun 23, 2023
With a strong turnout, robust business activity, renewed faith in the industry’s future and innovative event design, IMEX Frankfurt, which took place May 23-25 at Messe Frankfurt, was one of the show’s most impressive to date and a testament to an industry focused on new business horizons.
“The 2023 edition clearly reflected an industry pride and renewed confidence among exhibitors and, of course, a strong desire to do business with thousands of buyers,” said Ray Bloom, chairman of IMEX Group.
Carina Bauer, CEO of IMEX Group, added that this year’s IMEX Frankfurt gave the industry a more… more
Jun 22, 2023
The importance of making the events industry more inclusive and welcoming to all continues to be a major talking point. With June being Pride Month, it’s an opportune time to celebrate the LGBTQIA+ community and reflect on the industry’s accomplishments and ways to overcome obstacles that it continues to confront.
We checked in with four leading event professionals to find out what their organizations are doing to be more inclusive of the LGBTQIA+ community, how they are making their events more inclusive, the major challenges within the industry, how they are personally honoring Pride… more
Jun 20, 2023
Nearly 100 industry leaders from 24 states — including representatives from leading show organizers, exhibiting organizations, venues and destinations — gathered on June 1 on Capitol Hill for Exhibitions and Conferences Alliance (ECA) Legislative Action Day. View the full list of attendees here.
During more than 100 meetings, Legislative Action Day attendees advocated for ECA’s federal public policy priorities and the vital role that the business events industry plays in helping to spur economic growth, support job creation and empower small businesses across the country.
Watch or listen to… more
Jun 15, 2023
The National Restaurant Association Restaurant, Hotel-Motel Show recently welcomed tens of thousands of foodservice industry buyers, suppliers and manufacturers to Chicago’s McCormick Place to explore and celebrate the latest innovations, trends and solutions in food and beverage. Held May 20-23, the show brought together nearly 55,000 foodservice professionals from the U.S. and across the globe, reporting an 8% growth in total registrants compared to 2022, a large uptick in international participation and a massive surge in new exhibiting companies.
Serving as the ultimate sourcing… 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.