Mar 27, 2023
Despite a rainy week in Las Vegas, the triennial CONEXPO-CON/AGG & IFPE 2023 crushed attendance expectations, drawing 139,000 construction and fluid power professionals from 133 countries to the Las Vegas Convention Center (LVCC) and Festival Grounds March 14-18. Besides attendance that marked a 6 percent increase compared to 2020, the show featured more than 2,400 exhibitors across more than 3 million square feet, an increase of 10.5 percent.
“For the construction industry, coming to this show is an extremely high priority,” said Dana Wuesthoff, vice president, exhibitions and event… more
Mar 14, 2023
Industry-leading meetings, events and hospitality technology provider Cvent Holding Corp. (“Cvent”) has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone for approximately $4.6 billion.
According to company officials, under the terms of the agreement, Cvent stockholders will receive $8.50 per share in cash, which represents a premium of 52 percent to the volume weighted average share price over the 90 days prior to Jan. 30, 2023 – the day before media reports were published of a potential transaction.
As part of the transaction… more
Mar 09, 2023
Two major trade shows recently returned to Las Vegas with robust attendance and expanded footprints pushing the boundaries of pre-pandemic levels. Check them out!
World of Concrete
World of Concrete, the world’s largest trade show for the commercial concrete and masonry construction industries, held its 49th annual event at the Las Vegas Convention Center (LVCC) Jan. 17-19. With 48,000 registered professionals, heavy show floor foot traffic and more than 120 countries in attendance, the event further solidified itself as the critical meeting place for industry advancement, according to… more
Feb 22, 2023
More than 200,000 housing and design professionals from across the globe recently descended upon Las Vegas for the 10th annual Design & Construction Week (DCW), the largest annual gathering of residential construction and design industry professionals.
Held Jan. 31-Feb. 2 at the Las Vegas Convention Center (LVCC), the massive event comprised the National Kitchen & Bath Association’s (NKBA) Kitchen & Bath Industry Show (KBIS), the National Association of Home Builders (NAHB) International Builders’ Show (IBS) and the three co-dated industry shows: the National Hardware Show (NHS… more
Feb 07, 2023
As the trade show industry gears up for a busy 2023, event-related companies throughout the U.S. and across the pond are moving forward with strategic acquisitions and partnerships designed to empower and prepare them for a year of robust growth. Take a look!
Skyline Exhibits
Eagan, Minn.-based trade show exhibit company Skyline Exhibits kicked off the new year on a strong growth trajectory by acquiring two of its authorized dealer offices—one in New York and one in California—as part of a strategic effort to provide a seamless client experience and additional expert resources.
Serving… more
Feb 06, 2023
The global retail industry is about to get a new conference and exhibition to meet the needs of a rapidly growing marketplace. Beginning in 2024, Retail’s Big Show will expand to the Asia Pacific region with the inaugural NRF 2024: Retail’s Big Show Asia Pacific, set for June 11-13, 2024, at the Marina Bay Sands Convention Centre in Singapore. The new event will launch six months after NRF 2024: Retail’s Big Show, scheduled for Jan. 14-16 at Javits Center in New York City.
Aiming to integrate regional leaders across the retail industry to collaborate at a Pan Asia Pacific level, the new… more
Feb 01, 2023
What is the average cost of trade show labor in Las Vegas? What is the average cost of electrical labor in Orlando? What is the average cost for materials handling in New York? How do these averages by city compare to the national average?
The 2022 Material Handling & Labor Rate Survey — a new report by The Exhibitor Advocate, a non-profit organization dedicated to amplifying the voice of exhibitors — provides some benchmarks to review high-level exhibitor costs in 16 U.S. cities, from Las Vegas and Orlando to Chicago and Atlanta.
“We believe this data is a valuable and important… more
Jan 17, 2023
Following the swearing-in of the new Congress on Jan. 3, the Exhibitions & Conferences Alliance (ECA) announced its public policy priorities for 2023, reflected upon its advocacy accomplishments over its first two years and encouraged industry professionals to join its annual Legislative Action Day, which is returning to an in-person format this year in Washington, DC.
Founded in early 2021, ECA is an advocacy group for the face-to-face business events industry, designed to champion and support its recovery and advancement with legislators on Capitol Hill and in states and cities… more
Jan 16, 2023
A leading hospitality partner and a top exhibition industry organization announced some major leadership changes recently.
Sodexo Live!
Sodexo Live! tapped proven international business leader Belinda Oakley as its new CEO, North America. Bringing two decades of foodservice management experience to her new role, Oakley is responsible for leading more than 20,000 team members at more than 150 partner venues throughout the U.S. and Canada.
Oakley replaces outgoing CEO Steve Pangburn, who will stay on with the company to help with the transition in an advisory capacity through the end of… more
Jan 12, 2023
The 2023 edition of the world’s most influential tech event, the Consumer Electronics Show (CES), which took place in Las Vegas Jan. 5-8, exceeded its own expectations and returned to six-digit attendance for the first time since the pandemic.
Spanning nearly 2.2 million net square feet of exhibit space (1.4 million in 2022), CES featured 3,200 exhibitors (2,300 in 2022), including 1,000 new exhibitors, and welcomed 115,000 attendees (45,000 in 2022), making it the largest audited global tech event since early 2020. With 40,000 international attendees heralding from 140 countries, it also… 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.