Trade Show Floor at Asian Attractions Expo 2016 Shatters Previous Record

May 10, 2016

Asian Attractions Expo (AAE) 2016's trade showfloor continues to grow at a record-breaking rate with 11,500 net square meters of exhibit space reserved by more than 350 companies.

The strong interest by international manufacturer and supplier companies to showcase their new products and services is reflective of the growth of the attractions industry in the Asia-Pacific region and China specifically. AAE 2016 takes place June 13-16 at the Shanghai New International Exhibition Centre in China, with the showfloor open June 14-16.

The event is the region's premier global conference and trade show for the attractions industry and is owned and produced by the International Association of Amusement Parks and Attractions (IAAPA). 

Evidence of the attractions industry's increased popularity in the region is shown by the growth of AAE since the event last took place in Shanghai in 2006. At the time, the exhibit floor spanned 2,528 net sq. m. with 128 exhibiting companies. 

According to the IAAPA Global Theme and Amusement Park Outlook Report for 2015 – 2019, major park openings and rising investment will continue to drive the market over the next five years and annual attendance is expected to reach 540 million in 2019. I

n 2014, Asia Pacific passed North America to become the largest region in terms of attendance entertaining 390 million guests. China specifically still has one of the fastest-growing economies compared with other countries' and in 2014 theme park spending reach $3 million. 

The complete IAAPA Global Theme and Amusement Park Outlook Report is available for review here. 

Previously, Asian Attractions Expo 2015 in Hong Kong SAR boasted the largest show floor in the event's history with 9,432 net square meters of exhibition space. 

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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.