News
Jun 16, 2020
Since the coronavirus pandemic brought face-to-face events to a halt, larger event industry suppliers such as major convention centers, general service contractors and product manufacturers pivoting to parallel industries or side businesses have garnered much attention. While smaller, independent suppliers may not be capturing all the headlines, they, too, have been trying to switch gears, sometimes with mixed results.
We talked to three independent contractors in the events industry to find out how they’re managing their businesses during this challenging time in our industry and world.… more
Jun 15, 2020
Las Vegas officially welcomed back guests in early June after more than two months of being shut down due to the COVID-19 pandemic. Taking care to comply with directives from Nevada Governor Steve Sisolak, the Nevada Gaming Control Board and public health authorities — including guidelines set by the CDC and WHO — the city is among the first to strongly promote its reopening to travelers.
“Las Vegas is a city built on hospitality, and we are thrilled to open our doors on June 4 and welcome visitors from around the country,” said Steve Hill, president and CEO, Las Vegas Convention and… more
Jun 11, 2020
The future of fashion B2B trade shows is hybrid, according to Informa Markets, which has joined forces with B2B e-commerce platform NuORDER to launch the fashion industry’s largest digital trade event. Making its debut alongside Informa Fashion Portfolio’s physical trade shows – MAGIC, COTERIE, PROJECT and MICAM AMERICAS – in Las Vegas and New York City, the new e-commerce experience will virtually connect retailers with brands that are unable to attend the events in person.
Originally scheduled for Aug. 17-19, MAGIC, PROJECT Las Vegas and MICAM Americas will take place Sept. 30-Oct. 2 at… more
Jun 10, 2020
With major cities starting to reopen and some face-to-face events preparing to get back to business, we’re all seeking guidance on how to slowly and safely resume business as usual. Three leading event industry organizations have released complementary health and safety guidelines to assist show organizers, general service contractors and venue operators in safely planning and producing exhibitions during and following a global health crisis. Take note of these resources:
IAEE
On June 5, IAEE released “Essential Considerations for Safely Reopening Exhibitions and Events, Version One.”
“… more
Jun 09, 2020
As the trade show industry continues to be held in limbo in states that lack clarity around if and when shows could reopen, one of the biggest shows in the U.S. – IMTS 2020 (International Manufacturing Technology Show) – was forced to cancel its September show at McCormick Place.
In Illinois, trade shows were slated to open in the state’s final phase, which would require the availability of a vaccine for the COVID-19 virus or a highly effective treatment protocol.
“The show has been held uninterrupted for more than 80 years, but now the global coronavirus health crisis requires the… more
Jun 09, 2020
ASAE has scheduled a virtual American Associations Week 2020 for June 15-18 to build support for much-needed legislative assistance for America’s trade and professional associations during the COVID-19 pandemic.
American Associations Week will engage the association community in a collective response designed to educate legislators and Capitol Hill staff about the plight of America’s 501(c)(6) associations, the myriad ways they are assisting struggling industries and professions during the pandemic, and the urgent need for Congress to include them in the Paycheck Protection Program (PPP) in… more
Jun 08, 2020
Growth of the exhibition industry plunged more than 15 percent during the first quarter of 2020 during which 72.6 percent of events originally scheduled for the second half of March were canceled, according to the Center for Exhibition Industry Research.
The remaining 27.4 percent of the events were postponed and some of those events may eventually be canceled as well.
The massive negative growth was tracked by the CEIR Total Index, a measure of exhibition industry performance, which also reported a modest 0.3 percent year-over-year gain of inflation-adjusted GDP.
The GDP results had… more
Jun 08, 2020
The unjust killing of Black American George Floyd in Minneapolis on May 25 by a police officer has sparked nationwide protests over civil injustice. Amid a time when the events industry was already struggling with great change, due to forced event cancellations and reorganization of many companies during the COVID-19 pandemic, organizations are now also questioning their own approach to diversity. Few are more qualified to speak to this important topic than Jason Dunn, chairman of the National Coalition of Black Meeting Professionals and an industry diversity leader as group vice president of… more
Jun 05, 2020
Even a pandemic couldn’t stop the exhibitions and events industry from gathering to observe the seventh annual Exhibitions Day, held virtually for the first time on June 3. Instead of a 100-person delegation of event colleagues traveling to Washington, D.C. to meet with legislators and policy influencers, the online day of action drew in more than 1,600 participants.
Produced by IAEE and the Exhibitions Mean Business campaign, the one-day event is designed to mobilize industry professionals to raise awareness with elected officials of the $101 billion industry’s impact on local, national and… more
Jun 04, 2020
As the country slowly opens back up for business, plans for safely restarting events are shaping up. Yesterday, June 3, Orange County Convention Center in Orlando presented its Recovery and Resiliency Plan to the Orange County Economic Recovery Task Force, focusing on its three-pronged strategy to safeguard clients, attendees and employees at events.
Developed in accordance with policy recommendations from the Centers of Disease Control and Prevention, Orange County Government, and state and federal mandates, the OCCC’s Recovery and Resiliency Plan relies on the best available data, science… 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.