News
Jul 27, 2023
Informa PLC announced that its revenue and profit in the first half of 2023 shot up following a strong return to live events, in addition to plans for continued growth through an “exclusivity to acquire” HIMSS Global Health Exhibition/Conference and an investment in Talahuf, its Saudi Arabia trade show business.
In its half-year that ended June 30, the London-based public company (which owns TSNN) reported that revenue increased 53% to GBP1.52 billion, up from GBP993.5 million in H1 2022. Pretax profit surged to GBP314.6 million, up from GPB41.5 million year over year. During an earnings… more
Jul 26, 2023
Fast Forward Events has expanded its portfolio of events in the adult alcohol beverage industry with acquisition of the Craft Beverage Expo & Distribution Conference (CBE), the Craft Beverage Experience and the Women in Craft Symposium. CBE Co-Founder Kellie Shevlin joins Fast Forward as vice president, sales and marketing.
Created by Shevlin and industry veteran Vincent Polito, CBE has connected professionals and enthusiasts across the craft alcohol beverage space for the past decade. The event is focused on small-batch beverages including beer, wine, spirits, mead and cider and the… more
Jul 25, 2023
Trade Show News Network (TSNN) is thrilled to unveil the 2023 TSNN Awards top honorees for the Industry Icon Award, Sustainability Award and DEI Leadership Award.
All of the award honorees will be celebrated Oct. 27-29 at the 2023 TSNN Awards at the Puerto Rico Convention Center in San Juan, Puerto Rico. The two-day event will kick off with an opening party at the Sheraton Puerto Rico Resort and Casino sponsored by Discover Puerto Rico, followed the next day by an education conference at the Puerto Rico Convention Center and an awards gala at the Museum of Art of Puerto Rico and after-party… more
Jul 24, 2023
New Business Deals: Hyve Group, Skyline Exhibits and More Consolidate Business, Launch New Platforms
As the summer season heats up, trade show-related companies and suppliers in the U.S. and abroad have been busily inking new contracts, fine-tuning and expanding their offerings and scooping up new clients. Take a look!
Hyve Group
Hyve Group’s recently launched Fintech Meetup, the second largest U.S. fintech event focused on fintech, banking, lending and payments, has made an agreement with Fintech Nexus, an independent digital media company dedicated to the financial services industry. Announced in late June, the deal will see Fintech Nexus shift its focus to its content publishing… more
Jul 22, 2023
Promoting diversity, equity and inclusion (DEI) has become a vital aspect of organizing events – from hiring speakers to creating event content to securing sponsors and more. But what about designing the food and beverage offerings at events?
We checked in with Tracy Stuckrath, founder and president of thrive! meetings & events and host of the Eating at a Meeting podcast, who offered some keen insights on the importance of DEI in event catering.
Inclusivity is what inspired Stuckrath to start her business in 2010, when a personal health journey changed the course of her career.
“I… more
Jul 20, 2023
Bizzabo, the Event Experience Operating System (OS), unveiled new offerings with Klik, the onsite wearable technology that the company acquired in 2021. The additions include two major updates to Klik Experiential, its wearable event technology for B2B conferences and flagship events: The Edge, an innovative update to its SmartBadge™, and Klik à la Carte, a new individual option for non-Bizzabo customers.
“We’re excited about The Edge because it’s the sleekest SmartBadge™ yet,” said Alon Alroy, co-founder and CMO of Bizzabo. “The Edge offers the same data collection, engagement and… more
Jul 19, 2023
The exhibition industry has made a significant recovery in 2023 and has reached pre-pandemic levels in many parts of the world, according to UFI, the Global Association of the Exhibition Industry’s 2023 Global Exhibition Barometer, a biannual research report offering comprehensive insights into the current state of the exhibition industry, including its post-pandemic recovery and emerging trends and challenges.
In 2023, the exhibition industry revenues are expected to reach 97% of the 2019 levels on average globally, according to the report. In the first half of 2023, 79% of companies… more
Jul 18, 2023
The Overland Park Convention Center in Overland Park, Kan., has launched a full-service program designed to show appreciation, reduce costs and elevate the live event experience for convention and trade show producers, exhibitors and general service contractors.
Aptly named the OPCC Exhibition Advantage, this first-of-its-kind, industry-leading initiative features a cashback loyalty program, 50% discount at concessions, free internet access and digital content displays, live camera feeds in the show office, time-lapse video, equipment and tool sharing, swag bags, complimentary coffee and… more
Jul 17, 2023
The Orange County Convention Center (OCCC) signed an agreement with Walt Disney World to offer a new Gold Key Partnership, which provides exclusive benefits for trade shows, corporate events, exhibitors and attendees at OCCC.
Walt Disney World was a Gold Key Partner with OCCC prior to the pandemic, and the venue has existing partnership agreements with Universal and SeaWorld.
“In June, one trade show had a buyout at Universal and hosted all its attendees for a reception at the park,” OCCC Deputy Director Eric Blanc told TSNN. “We encourage clients to embrace being in Orlando by hosting… more
Jul 14, 2023
Fanatics, a global digital sports platform valued at $31 billion, and IMG, an events and talent management company that’s part of public company Endeavor Group Holdings Inc., have launched Fanatics Events to bring communities together at live events to celebrate all aspects of fandom, including sports, collectibles, memorabilia, fashion, music and entertainment.
Fanatics Events, which is majority owned by Fanatics with IMG as a minority partner, will create fan festivals that feature athletes and brands from across the industry, limited edition apparel drops, musical performances and… 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.