Las Vegas is Leading the Way for the Trade Show Comeback

Las Vegas kicked off 2022 with multiple successful in-person events, once again proving the city’s designation as the number-one trade show destination in the U.S., and the importance of industry to the economy.

The world’s most influential technology trade show, CES 2022 returned “home” to Las Vegas in January, welcoming over 2,300 exhibitors at 11 indoor and outdoor venues. It was truly a global event, with over 30 percent of attendees traveling from outside the U.S.

CES 2022

“The CES show floor buzzed with the joy of human interaction and a five-sense innovation experience with products that will redefine our future and change our world for the better,” said Gary Shapiro, president and CEO, Consumer Technology Association (CTA)™ that owns and produces CES.

The same enthusiasm was shared by the organizers of World of Concrete that welcomed over 40,000 attendees and 1,000 exhibitors to the Las Vegas Convention Center Jan. 18-20.

“It’s great to be here in person. There’s nothing that beats that face-to-face connection and we’re so excited that we were able to do that with our community and be able to bring our buyers and sellers together,” commented Lauren Lamb, vice president of Strategy, Marketing, and Conference at Informa Markets that owns WOC. “Las Vegas provides a full experience for all our attendees and our exhibitors to come and have a great time in addition to maximizing their ROI.”

WOC

Many exhibitors were not only excited to be back together in person but also enjoyed experiencing the 1.4 million square foot expansion of the LVCC facilities. “I love the West Hall,” said Kim Bain, marketing and communications manager at Caterpillar Inc. “We’re all very excited to move here. It’s more spacious and open.”

She was also impressed with the venue’s health safety measures.

The Shooting, Hunting and Outdoor Trade Show (SHOT Show) that also took place on Jan.18-21 had the largest exhibit floor in its history, taking over The Venetian Expo and Caesars Forum. Chris Dolnack, NSSF Senior Vice President and Chief Customer Officer noted: “This is a very tactile business, and it means a lot to buyers to be able to see and handle our industry’s products in person. We couldn’t be more pleased with the outcome of this SHOT Show.”

SHOT Show

At OFFPRICE, the largest U.S. trade show dedicated to discount fashion that took place on Feb.13-16 at Venetian Expo, retailers came to source available in-stock inventory. Stressing the importance of this year’s show, Douglas Emslie, CEO of Tarsus Group that owns OFFPRICE, commented: “Given the disruption that supply chains have experienced over the past two years, shows like this are more critical than ever, especially for small and medium-sized businesses. Our customers appreciate the opportunity to close business in a safe and secure environment.”

Offprice

Since in-person meetings and conventions returned to the destination in June 2021, Las Vegas hosted an estimated 2.2 million convention attendees, showcasing confidence by trade show organizers that events can be held safely and successfully.

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.