News
Jun 19, 2011
U.K.-based United Business Media bought a 70-percent stake in the Catersource Conference & Trade Show and sister show Event Solutions on behalf of UBM Live for $5 million.
Catersource services the catering industry, and Event Solutions services the event planning industry.
Catersource will become part of UBM Live, adding to UBM Live’s portfolio of events serving the Food & Leisure industries both in the United States and internationally.
The portfolio includes brands such as Cruise Shipping, Food Ingredients, Health Ingredients, Leisure Industry Week and Confex.… more
Jun 19, 2011
Three months before Germany-based Messe Duesseldorf’s MEDICAL FAIR THAILAND, International Exhibition on Hospital, Diagnostic, Pharmaceutical, Medical & Rehabilitation Equipment & Supplies even kicks off, the showfloor is on track to be 30-percent bigger than last year’s show.
The increase in exhibitors at MEDICAL FAIR THAILAND, on tap Sept. 14-16 at Bangkok’s Queen Sirikit National Convention Center, indicates “improved confidence in Asia’s expanding medical and health care industry as well as a rising interest in the diverse aspects of medical and… more
Jun 19, 2011
Business-to-business e-commerce platform, Alibaba.com, held an offline sourcing event in Mumbai earlier this month. The event was held June 1-2 and reportedly attracted more than 200 Indian suppliers registered on the company’s online sourcing website.
The two-day event consisted of a seminar on the first day featuring panel discussions, networking and Q&A sessions. On day two, one-on-one business matching sessions were organised for a pre-selected group of approximately 20 suppliers from the gifts, stationery, home supplies, auto parts and apparel industries in India. They were… more
Jun 19, 2011
Pico Thailand, the Thai-listed subsidiary of one of the largest exhibition contractors in Asia, Pico Far East Holdings, has announced its results for the six months ended April 30. Revenues for the period were $22 million – an increase of 73 percent, compared with same period in 2010. The company recorded a net profit of $1.5 million in the period, three times the profit of $452,000 recorded last year.
Pico Thailand also reported the results for the quarter ended April 30. Revenues in the quarter were $13 million, a jump of 65 percent, compared with the same quarter last… more
Jun 19, 2011
The Macau Government Tourist Office (MGTO) announced the extension of the “Strategic MICE Stimulation Program” until the end of 2011. The program, originally due to end this month, received wide support from local MICE industry players according to the Macau Convention and Exhibition Association (MCEA).
Launched in May 2009, the program has supported 246 events in total, of which 95 were meetings and conventions, 47 were exhibitions and 104 incentive programs. An estimated budget of $3.4 million will be added to the program during the extension period.
Additionally, the… more
Jun 19, 2011
Everything Channel, a UBM subsidiary, organised its first Indian virtual show, the CRN Virtual Channel Show, May 17-18. The virtual event was presented in UBM Studio’s Virtual Seminar Center.
The online event reportedly attracted more than 600 attendees from across India. UBM reports more than 4,300 videos, documents and whitepapers were downloaded in total and more than 140 attendees on average took part in each live conference session.
Dhaval Valia, associate publisher & executive editor at CRN India edition, said, “The first CRN Virtual Channel Show received an… more
Jun 19, 2011
Medan, the largest city on the Indonesian island of Sumatra is reportedly in the process of establishing the Medan Convention Bureau. The convention and visitor’s bureau (CVB) will help promote the domestic and regional MICE market on Sumatra. The Medan Municipal Government is reportedly in the process of establishing a board for the CVB as well as securing funding for the bureau.
Artur Batubara, executive director of the Sumatra Tourism Promotion Board, was quoted saying there are about 10 PCOs in Medan and two convention and exhibition halls that will open later this year –… more
Jun 19, 2011
The IMPACT Exhibition and Convention Center has secured the hosting and organising of more trade shows at the Bangkok venue, following last month’s announcement of a partnership agreement with Germany-based Messe München International for the strategic cooperation to organise CONSTECH 2011.
The list of trade shows that will follow similar arrangements includes Pool & Spa Exhibition Asia 2011, which is set to launch this year in partnership with IIR Exhibitions. Pool & Spa Exhibition Asia will coincide with Green Building & Retrofits Expo Asia, a partnership with CMC… more
Jun 18, 2011
Hainan's largest exhibition venue, the Hainan International Convention and Exhibition Center (HICEC) will be completed June 28 after a 17-month construction period. HICEC is made up of a 77,000 square meter exhibition centre, as well as a 42,000 sq. m. convention centre.
The venue will reportedly host nine exhibitions and four conferences within this year and will host the Pan-PRD Regional Cooperation and Development Forum in 2012. The Hainan Provincial government has stated that it will lend financial support to large-scale exhibitions held on the island-province according to its… more
Jun 06, 2011
Thailand is directly targeting the luxury MICE market with a new initiative that’s part of the Thailand Convention & Visitors Bureau’s “Believe in Thailand” campaign.
The initiative is designed both to extend market penetration in the existing luxury MICE market and also to increase the size of this niche market.
TCEB has selected five “chic and charming” destinations – one each in Bangkok, Hua Hin, Chiang Mai, Phuket and Samui - to offer a “captivating experience and unrivalled standards to the most discerning MICE groups,”… 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.