MANDALAY BAY: HERE, CONFERENCES ARE INVITING AND INNOVATIVE
One of the most iconic names on the Las Vegas Strip just got an upgrade. Mandalay Bay has everything that your business needs from a refreshed convention space designed to inspire productivity and creativity, to an impressive selection of world-class restaurants and amenities.
Earnings: GES and Spiro Report Year-Over-Year Revenue Growth in Q1Viad Corp., a global provider of exhibition management and experiential marketing services, reported first quarter (Q1) 2024 revenues of $273.5 million, an increase of $12.7 million or 4.9% from Q1 2023. Tech News: EventsPass, FFAIR, GlobalMeet and More Form Partnerships, Launch AI Offerings
Throughout the U.S. and across the pond, event technology companies are unveiling new solutions, enhancing existing offerings and teaming up with other providers to deliver more compelling features for show organizers and exhibitors alike. EIC and OVG Unveil Ambitious Venue Sustainability PartnershipThe Events Industry Council (EIC) has formed a strategic sustainability partnership with venue development, hospitality services and solutions provider What’s the Latest on Visa Wait Times?While post-COVID international travel to the U.S. reopened in late 2021, trade show, conference and corporate meeting organizers across the country have not been able to bring all their international exhibitors and attendees to their events in the U.S. What’s Trending in Exhibitions in the Middle East & Africa: Q&A With UFI’s Naji El Haddad
What’s the state of the exhibition industry in the Middle East and Africa (MEA)? Why Attendees Are Registering Late and What To Do About ItLet’s start with this statistic: On average in 2023, 45% of conference attendees delayed registering until four weeks or less before an event. People News: The Opus Group, Cvent and More Grow Teams, Tap Seasoned Leaders
Who’s moving up at event-related organizations and companies throughout the global trade show industry? Take a look at our latest roundup of people news to help you stay in the know. Destination Spotlight: San DiegoWhat’s new in San Diego in 2024? 10 Things To Do at NPE2024 When The Plastics Show Returns After 6 Years
After a six-year hiatus due to COVID, NPE2024: The Plastics Show will return May 6-10 at the Orange County Convention Center 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.
|