News
Feb 15, 2024
Viad Corp., parent of Global Experience Specialists (GES) and Spiro, said it is moving into 2024 with momentum after revenues for the company’s experiential marketing and exhibition management services surged in the fourth quarter (Q4) of 2023, helped by increasing demand for in-person events by corporate clients and exhibiting companies.
On Feb. 8, the company posted revenue of $291.7 million for the last three months of 2023, up 17.6% from the prior-year period. Viad’s full-year 2023 revenues increased 9.9% YOY, from $1.1 billion in 2022 to $1.2 billion in 2023, according to the company’s… more
Feb 14, 2024
Last August, Freeman announced a rigging safety initiative that impacted exhibitors and event organizers with hanging signs, video walls that have overhead support and all other tie-offs. The rigging rule could have potentially affected thousands of exhibiting companies and events across the U.S. with higher costs and longer timelines.
In response, Exhibition Services & Contractors Association (ESCA), The Exhibitor Advocate and Experiential Designers & Producers Association (EDPA) collaborated with Freeman to roll back some of the requirements, making it faster, easier and cheaper… more
Feb 13, 2024
What is the current mindset of CEOs in the event industry? In part two of our series, experiential marketing agency leaders shared what their top business concerns are now and moving into 2024, and how they and their organization are addressing them.
How does the event industry compare against other industries? In part one of our series, we shared an analysis of the KPMG 2023 CEO Outlook — the annual survey of 1,300 CEOs of the world’s largest businesses conducted by KPMG International.
Find out what CEOs from RX and Informa Markets shared with us.
Find out what CEOs from Visit Detroit… more
Feb 13, 2024
The New Year started with a bang in January as some of the nation’s largest trade shows expanded in terms of exhibitors, attendees, show floor size or some combination of those metrics.
Following three years of lackluster or canceled events in COVID’s wake, the growth demonstrated the importance of face-to-face trade shows, and how much they’re valued by audiences. As one exhibitor put it, “There is no substitute for meeting face-to-face with associates and customers.”
NRF ’24: Retail’s Big Show
What, When & Where: NRF ’24: Retail’s Big Show, Jan. 14-16, Javits Center, New York … more
Feb 12, 2024
From Sioux City, Iowa to Chicago to Fort Worth, Texas, convention centers across the U.S. are upping the ante on their meeting and trade show offerings by forming new partnerships with management, food and beverage, and technology service providers, as well as rebooking long-term business.
McCormick Place and RSNA
RSNA & Choose Chicago officials at PCMA Convening Leaders
Choose Chicago and the Metropolitan Pier and Exposition Authority (MPEA) recently announced the Radiological Society of North America (RSNA) has committed to hosting its Annual Meeting in Chicago through 2032.
One… more
Feb 08, 2024
Have you ever considered sponsoring restrooms at an event? At PCMA Convening Leaders 2024 (CL24) in January, Montreal Business Events worked with Les Cabinets for the fourth year in a row to deliver a unique and memorable activation in one of the women’s and men’s bathrooms at the San Diego Convention Center.
We caught up with Les Cabinets Co-Founder Patrice Marier to get an inside look at the women’s bathroom activation to find out more about how his team manages the sponsorship and optimizes the attendee experience for events.
Here’s what you need to know:
How it worked: Montreal… more
Feb 07, 2024
As 2024 kicks off, event-related organizations, particularly destination marketing organizations (DMOs), are busy adding and promoting staff, welcoming new executives and bidding farewell to veteran leadership.
Seattle Convention Center
After serving as Seattle Convention Center (SCC) president and CEO for more than 12 years, 45-year venue management industry veteran Jeff Blosser is retiring in May 2024. During his time at the helm of the SCC, Blosser opened a new building, guided operations through a pandemic, served in leadership on numerous industry boards and was presented with a… more
Feb 06, 2024
Global exhibition revenues on average are projected to reach a comparable level to 2019, growing by an average of 15% compared with 2023 revenues, according to the the findings of the latest UFI, The Global Association of the Exhibition Industry Global Exhibition Barometer, the association’s biannual flagship report designed to take the pulse of the worldwide exhibition industry.
“Our report shows that the exhibition industry hasn’t just reached pre-pandemic levels in 2023 but is also planning to grow in 2024, and many new jobs in exhibitions are coming up around the world,” said Kai… more
Feb 05, 2024
After almost seven decades of operating at the south end of the Las Vegas Strip, the Tropicana Las Vegas will close its doors on April 2, just two days shy of its 67th anniversary. The 1,470-room resort is slated for decommissioning and demolition to clear the way for a $1.5 billion, 30,000-seat professional baseball stadium and integrated resort, according to Bally’s Corporation, which has owned the Rat Pack-era hotel-casino since 2022.
The proposed ballpark will serve as the new home of the city’s first Major League Baseball team – the Oakland Athletics, which are relocating to Las Vegas… more
Feb 01, 2024
Returning to its traditional January dates for the first time since the pandemic, the National Association of Music Merchants (NAMM) Show brought together more than 62,000 attendees who are part of the $17 billion music products industry — a double-digit increase over last year’s attendance numbers.
Held Jan. 25-28 at the Anaheim Convention Center (ACC), the NAMM Show featured more than 1,600 exhibitors displaying more than 3,500 brands. Comprising 15,000 global member companies and individual professionals, NAMM produced its largest event since 2020.
The music industry has experienced… 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.