The U.S. Trade Show Industry ‘Positively’ Will Return Again

July 21, 2020

Rachel Wimberly

Rachel Wimberly is Executive Vice President of Business Development at Tarsus Group, US. Follow her on Twitter @TSNN_Rachel.

Running a news organization that is focused on trade shows and corporate events, both of which have been stopped in their tracks since mid-March when COVID-19 firmly took hold in the United States, I view our main responsibility to not only report on what is happening in our industry, but also try to highlight as much of the “positive” news as possible.

Once the first wave of cancelled shows came in one right after another, and we reported on several of them for TSNN and Corporate Event News, it became clear the hits would keep on coming, so we switched our focus.

More reports were released indicating COVID-19’s severe impact on trade shows, meetings, hospitality, travel and the overall economy in the U.S.

Again, we wrote up articles on some of those, albeit the reports were depressing and told everyone what they likely already were experiencing in their own companies. But then, there were small lights that started to shine at the end of what initially seemed was a very, long tunnel.

The GBAC Star Accreditation Program launched indicating a pathway forward for venues to ensure they were following strict health and safety standards once people came back to events onsite.

The Go Live Together coalition was formed with thousands of companies signing on to support, funding taking place and a high-powered lobbying group hired to advocate for moving trade shows out of Phase 5 for “mass gatherings” in most states (among other efforts).

Shows started to run again in early May in China, the epicenter of the initial cases, with attendees flocking back to events including the Hunan (China) Auto Show that drew 62,000 attendees.

Countries in other parts of the world like Germany, Switzerland and most recently the United Kingdom released dates that events could start up again.

The Las Vegas Strip opened its casinos, and cities, venues, suppliers to the industry and hotels overall started releasing detailed health and safety plans.

In the past few weeks, trade shows like the ones that were held at the Dallas Market Center in June, started to slowly pop up again, and there have been more since.

The Together Again Expo is happening this week in Orlando, bringing together suppliers and trade show/meeting planners in a safe environment to learn how to have their own “safe” events.

I have posted quite a bit of this “good news” on LinkedIn along the way. I felt it was important to be a “cheerleader” for the industry as much as possible during what are incredibly challenging times.

It has been utterly heartbreaking seeing the profound impact on so many incredible companies and individuals, and I hope business can get rolling again as soon as possible for everyone. I proudly have written on the trade show and events industry for more than 15 years, and I have no doubt whatsoever it will be back here in the U.S.

The people I have met along the way are some of the smartest, most creative and resilient professionals possible, and I cannot wait to see them face-to-face once again. 

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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.