Macau's MICE Participants up, Event Numbers Down

September 24, 2012

The Macau Statistics and Census Service(DSEC) has announced MICE statistics for the second quarter of 2012. There were 130,016 MICE visitors in the quarter, up 7.9% over last year’s 120,462.

A total of 234 MICE events were held during this period, down 10% from the 260 events held in the same quarter of 2011. Among the MICE events held in the quarter, 226 were meetings and eight were exhibitions.

The number of meetings dropped 9.6 percent from 250 recorded in the same period of last year. Exhibitions were down 20 percent from the 10 held in the second quarter of 2011. In terms of number of participants, meetings participants dropped by 41 percent to 17,314, while the eight exhibitions attracted 112,702 participants – up 24 percent year-on-year.

The DSEC also reported MICE statistics for the first half of the year. There were 505 MICE events held during the first half, a year-on-year decrease of 6.0 percent compared with 537 events in the first half of 2011. Although the number of MICE events dropped in the period, the number of participants rose by 17 percent to 291,797, up from 248,758 last year.

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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.