News
Aug 05, 2024
Three event organizations in the U.S. and across the pond recently made strategic trade show acquisitions and formed new partnerships to enhance their offerings and increase their presence in key business segments. Take a look.
Trifecta Collective Acquires TRANSACT
Trifecta Collective, a trade show platform owned and backed by leading U.S. private equity firm GreyLion, acquired TRANSACT from the Electronic Transactions Association (ETA), a global advocacy and trade association for the payments industry.
As an annual event for the payments processing industry, TRANSACT’s 2024 edition was… more
Aug 02, 2024
With 5% to 16.5% of attendees having symptoms associated with sensory processing challenges and 1 in 45 adults in the U.S. with autism, more venues and destinations are committed to making sure autistic and sensory-sensitive visitors feel welcome and supported while attending meetings and events.
The Miami Beach Convention Center (MBCC) is the latest venue to receive Certified Autism Center (CAC) designation by the International Board of Credentialing and Continuing Education Standards (IBCCES), a global organization that provide professional autism and neurodiversity training and… more
Aug 02, 2024
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Aug 01, 2024
This summer, trade show and event organizers, media companies, and suppliers were blazing hot with team acquisitions and promotions, attracting experienced industry professionals and young talent alike as they gear up for a full-steam-ahead fall season.
TSNN’s take on the biggest move in July: Joining Questex as vice president and market leader of its Wellness portfolio, Jess Tyler is responsible for overseeing eight trade shows, conferences and hosted buyer events, content and community development for the beauty, spa, and fitness industries.
The big picture: Bringing an entrepreneurial… more
Jul 31, 2024
After wrapping up the 2024 SEMICON West on July 11 at Moscone Center in San Francisco, SEMI, a global industry association connecting more than 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain, will produce next year’s show in a new city later in the year.
In 2025 for the first time, Phoenix will host SEMICON West, a microelectronics exhibition in North America, Oct. 7-9, at the Phoenix Convention Center. SEMI's decision to host SEMICON West in Phoenix highlights a strategic shift to further… more
Jul 30, 2024
Global B2B event organizer Informa Markets and The Build Show, a digital media brand for the residential construction industry with more than 1.7 million subscribers, have joined forces to launch Build Show LIVE, a B2B residential construction event designed for custom home builders, specialty contractors, remodelers, and architects.
The debut event is expected to attract approximately 150 exhibitors and 3,000 attendees, according to officials from Informa Markets, which boasts more than 450 brands in its event portfolio.
Set to kick off Nov. 7-9 at the Austin Convention Center in Texas,… more
Jul 29, 2024
In its first acquisition under new private-equity ownership, London, UK-based Hyve Group, whose flagship events include Shoptalk, Fintech Meetup and Bett, bought POSSIBLE, a two-year old brand marketing event. The acquisition, announced on July 26, sees Hyve enter a new market sector and further cements its presence in the U.S., following the launch of its U.S. headquarters in New York City last year.
“I am in awe of what the team has achieved in just two years, and I am encouraged by the incredible advocacy for POSSIBLE from the marketing community,” said Hyve CEO Mark Shashoua. “All of us… more
Jul 26, 2024
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Jul 26, 2024
Ask Visit California President & CEO Caroline Beteta about her path into the destination marketing industry, and she will share that she has always been interested in the power of connection in bringing people together, particularly those who may otherwise have different goals and business objectives.
A California girl through and through, Beteta grew up and went to school in the southern part of the Golden State, graduating from UCLA with an undergraduate degree in political science, earning her masters in public administration, and completing the Stanford University Graduate School of… more
Jul 24, 2024
With half-year revenues hitting $2.14 billion, Informa is riding a wave of growth. The B2B events and digital services giant reported impressive half-year results for 2024, boasting an 18.8% increase in underlying operating profit, an 11% revenue boost, and a 10% hike in dividends. Informa has now upped its full-year guidance, targeting an adjusted operating profit of up to $1.29 billion.
"Informa is kicking off 2024 with the same momentum we saw at the end of 2023. We're growing, expanding internationally, and continuously developing our portfolio, which gives us increasing confidence in… 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.