Event technology giant Cvent has once again expanded its reach, this time through the acquisition of San Francisco-based mobile app provider
Industry Trailblazers: Cvent’s Rachel Andrews Dishes on This Year’s Cvent CONNECT 2024-05-30
Ahead of the upcoming Cvent CONNECT
Cvent Acquires Social Tables 2018-10-23
In an effort to improve collaboration between planners and venues while growing its market share, event technology provider, Cvent, has acquire
Cvent Goes Private in $1.65 Billion Deal 2016-04-18
Cvent, a cloud-based enterprise event management company, entered into a definitive agreement to be acquired by affiliates of Vista Equity Partners, a private equity firm focused on investments in software, data and technology-enabled businesses.
Blackstone to Acquire Cvent for $4.6 Billion 2023-03-14
Industry-leading meetings, events and hospitality technology provider Cvent Holding Corp.
Cvent and Lanyon Merge to Form Mega Company 2016-11-30
Cvent and Lanyon Solutions, providers of cloud-based enterprise event management technology solutions, merged their two companies creating a global meeting, event and travel technology leader.
Cvent Makes First Acquisitions Under Blackstone Ownership 2024-01-22
In its first deals since the $4.6 billion acquisition by Blackstone last year, Cvent
Cvent to Release Next-Generation Event Website and Registration Solution 2018-07-25
Meetings, events and hospitality management technology provider, Cvent, has released the general availability date of its next-generation user experience for its flagship event website and online registratio
Event Tech News: Cvent, CORT and Allseated, and GlossAi Launch Fresh Products 2023-08-11
Event technology solutions are evolving at warp speed again, giving event professionals even more tools to streamline the experience for them and attendees. Check out a few of the latest offerings to hit the market.
Cvent
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.