News
Mar 05, 2018
Featuring more than 4,550 exhibitors, the fifth Hong Kong International Diamond, Gem and Pearl Show (Feb. 27-March 3) and the 35th Hong Kong International Jewellery Show (March 1-5) concluded with participation from about 87,000 buyers from 145 countries and regions, representing a 2 percent increase from last year.
Organised by the Hong Kong Trade Development Council (HKTDC), more than 33,700 buyers visited the Diamond, Gem and Pearl Show, while about 53,000 visitors attended the Jewellery Show."With improving global economic conditions, Hong Kong's exports of precious jewellery rose 3.6… more
Mar 05, 2018
The 2018 edition of the Asian Business Aviation Conference & Exhibition (ABACE 2018) will be held at the Shanghai Hongqiao International Airport, running from 17th to 19th April.
Launched in 2012, ABACE is organised through a partnership with the Shanghai Airport Authority (SAA) and is co-hosted by National Business Aviation Association (NBAA) and the Asian Business Aviation Association (ABAA). ABACE 2017 brought attendees from 51 countries. Approximately 25% of the attendees were from overseas. More than 150 exhibitors are expected at this year’s edition.
Education sessions and… more
Mar 05, 2018
The leading international exhibition organiser, BolognaFiere, and UBM India, India’s leading B2B exhibition organiser, announced plans to jointly launch a new beauty event, Cosmoprof India, serving the Indian beauty industry.
Cosmoprof India Preview will be held from 10th to 11th September 2018 at the Sahara Star Hotel. The preview edition will feature “Cosmotalks,” a series of seminars focusing on key issues facing the beauty sector. The event will also feature an “International Buyers Program” organised by Cosmoprof Worldwide Bologna. It will facilitate B2B meetings between companies,… more
Mar 05, 2018
Macau’s Statistics and Census Service (DSEC) recently released its MICE statistics for the fourth quarter as well as the full year of 2017. In 2017, a total of 1,381 MICE events were held in Macau. That is 105 events more than in 2016. The total number of participants increased 10% to approximately 1,901,000 in the year.
According to DSEC, a total of 1,285 meetings and conferences were held in 2017 – up by 90 events compared with the year before. The total number of participants was 245,000, representing a year-on-year increase of 39%. A total of 51 exhibitions were held in 2017 – down four… more
Mar 05, 2018
Macau’s Statistics and Census Service (DSEC) recently released its MICE statistics for the fourth quarter as well as the full year of 2017. In 2017, a total of 1,381 MICE events were held in Macau. That is 105 events more than in 2016. The total number of participants increased 10% to approximately 1,901,000 in the year.
According to DSEC, a total of 1,285 meetings and conferences were held in 2017 – up by 90 events compared with the year before. The total number of participants was 245,000, representing a year-on-year increase of 39%. A total of 51 exhibitions were held in 2017 – down four… more
Mar 05, 2018
Last week, Mega Expo, formerly known as Kenfair, a Hong Kong-based exhibition organiser, reported its interim results for the six months ended on 31st December 2017. The company reported revenues of US$9.4 million, down by 20% year-on-year. However, Mega Expo posted a net profit of US$5.8 million in the six-month period, compared with a loss of US$1.5 million in the previous year. Earnings per share for the half year were HK$0.0328 (US$0.0042).
More than 75% of Mega Expo’s revenues were generated from its exhibition organising business, amounting US$7.1 million. This represents a decrease… more
Mar 02, 2018
If the positive 2017 full-year earnings reports for three large for-profit exhibition companies are any indication, then the industry is performing well, despite uncertain geo-political times in different regions around the world.
U.K.-based Tarsus Group had record revenues last year, scoring £117 million ($161 million), compared with £86.9 million ($120 million) in the comparable year 2015, a 35-percent increase.
In addition, like-for-like revenues saw an increase of 7 percent and adjusted profit before tax of £40.2 million ($55 million) was up 53 percent against 2015.
"2017 was a… more
Mar 02, 2018
ViewPoint Interactive Solutions, creators of interactive touchscreen marketing and sales experiences, has formed a strategic relationship with Sacks Exhibits, a global provider of exhibits, events and show environments.
Announced from the floor of EXHIBITORLive in Las Vegas on Feb. 26, the collaboration is intended to help marketers deliver more captivating live experiences by combining creative engagement with advanced technology designed to excite and educate prospects.
“We had been looking to find a technology partner that could bring not only the most advanced touchscreen capabilities… more
Mar 01, 2018
Hotel room poachers may think again before ruffling the feathers of the U.S. Poultry & Egg Association (USPOULTRY) and its annual trade show and conference, the International Production & Processing Expo (IPPE).
On Jan. 22, the U.S. District Court for the Northern District of Georgia ordered Tarzango, an unaffiliated travel agency, to pay USPOULTRY $749,797.50 in damages and attorney’s fees for infringing upon the association’s valid and subsisting IPPE U.S. trademark registrations in the agency’s “deceptive advertising practices,” according to USPOULTRY.
In 2017, Tarzango sent… more
Feb 28, 2018
After a temporary setback in the third quarter of 2017, the growth of the exhibition industry resumed during the fourth quarter, according to Fourth Quarter Index Results conducted by the Center for Exhibition Industry Research (CEIR).
The performance of the industry, as measured by the CEIR Total Index, posted a strong year-on-year gain of 3.1 percent (see below).
Figure 1: Quarterly CEIR Total Index for the Overall Exhibition Industry, Year-on-Year Growth, 2011Q1-2017Q4
Despite displaying somewhat greater volatility, exhibitions are keeping pace with the macroeconomy (see Figure 2… 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.