Hong Kong MICE Arrivals Up 10 Percent in First Half
August 8, 2011
The Hong Kong Tourism Board (HKTB) announced that Hong Kong’s overnight MICE arrivals increased by 10 percent year-on-year to 725,779 in the first six months of 2011. According to HKTB, the growth of MICE arrivals can be attributed to record-breaking numbers of participants at large-scale conventions and exhibition during the period.
Of those 725,779 arrivals, 43 percent or 310,913 were from mainland China, which grew 15 percent year-on-year. South and south-east Asia arrivals also recorded significant growth, rising 11 percent to 116,788. European, African and the Middle Eastern arrivals were 90,802 in the period, while the Australia-Pacific region posted the fastest growth – up 18 percent in the first half of the year.
HKTB executive director Anthony Lau said, “We foresee that overnight MICE arrivals will continue to grow in the second half of this year. One of the factors to foster this upward trend is the staging of some large-scale conventions and exhibitions. … In addition, sustained growth of the Mainland economy and exchange rates favourable to major currencies against the Hong Kong dollar are going to bring more meetings and incentive travel activities to Hong Kong, especially from the Mainland and other short-haul markets.”
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.
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