Suntec Singapore Posts New Records in 2011

February 21, 2012

The Suntec Singapore International Convention & Exhibition Centreposted a record number of events and visitors in 2011.

Suntec Singapore hosted 1,600 events last year, a 5% increase over the 2010 figure. In terms of visitor number, a year-on-year growth of 4% was recorded, reaching 7.1 million. The venue also recorded occupancy rates of over 90% in the months of June, July, October and November in 2011.

Pieter Idenburg, Chief Executive Officer, Suntec Singapore, said, “2011 has been an interesting year. The team has worked extremely hard on all counts to successfully execute and deliver 1,600 events. This is impressive given that the year has been marked by an uncertain global economy amidst chaotic geopolitical factors and natural disasters. I am very proud of our team, our achievements and our ability to overcome challenges. 2012 will continue to be an exciting time for us as we embark on our substantial modernization program in mid-2012 that will provide a fantastic future experience for our clients for years to come.”

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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.