Mar 31, 2017
Just two months after Emerald Expositions was rumoured to be going on the sales block for an estimated $2 billion, the company switched gears and has filed with the SEC to raise an estimated $250 million in an initial public offering, according to a regulatory filing today.
The San Juan Capistrano (Calif.)-based company generated $323.7 million of revenue, $22.2 million of net income, $63.6 million of adjusted net income and $89.6 million of free cash flow in 2016.
Emerald President and CEO David Loechner declined to comment at this time.
According to news reports, Emerald said all of… more
Mar 31, 2017
A record 300-plus C-level executives, sponsors and guests spent a few sun-drenched days at The Biltmore Hotel in Coral Gables, Fla., for the 2017 Society of Independent Show Organizers’ CEO Summit.
“The SISO CEO Summit is the largest and more important event of the year for the for-profit side of the global exhibition/event industry and the most valuable part of the event are the participants, they make the event the success it is,” said SISO Executive Director David Audrain.
He added, “The majority of the program is an open dialogue and contribution from our members/participants, and it is… more
Mar 31, 2017
By Elizabeth Johnson
Leading pharmaceutical and biotechnology companies chose INTERPHEX 2017 to launch their newest products, with 20 companies debuting new technology at the pharmaceutical and biotechnology industry trade show held March 21-23 at the Jacob K. Javits Convention Center in New York City.
In its 38th year, INTERPHEX offered attendees a mix of content including more than 104 conference education sessions, INTERPHEX Live discussions, hundreds of exhibits and product launches.
The show experienced attendee growth, compared with 2016, and attributes much of that to its robust… more
Mar 30, 2017
Nursing mothers now have a couple of private sanctuaries to retreat to when attending conventions and meetings at the Huntington Convention Center of Cleveland.
The SMG-managed facility has installed two portable lactation suites for female attendees and exhibitors wishing to breast feed their infants or use breast pumps in privacy.
“We are offering the new lactation suites during conventions, meetings, and trade shows to offer comfort and convenience for our guests,” said Mark J. Leahy, general manager of the HCCC.
He continued, “Young mothers have had to utilize public restroom spaces or… more
Mar 29, 2017
By Elizabeth Johnson
Aisles of pipe and drape; panels, roundtables, keynotes; networking mixers and the standard preshow marketing of emails, postcards and social media updates – safe to say, there is a tradeshow model. However, this model can make it hard for an attendee to differentiate one show from another.
What can tradeshows do to stand out, change the attendee experience and see different results in terms of attendance numbers and exhibitor sales and leads? Personalize it.
“Event attendees look for an experience that is tailored to helping them achieve their goals: making the right… more
Mar 28, 2017
In order to meet the growing needs of convention groups, retain existing clients and compete with other similar-sized destinations for group business, more and more cities and their convention and visitors bureaus are recognizing the importance of investing in convention center upgrade and expansion projects.
The city of Cincinnati, Ohio is such a destination. The Queen City is setting its sights on expanding the 49-year-old Duke Energy Convention Center, which was renovated in 2006 but hasn’t undergone a significant exhibition space expansion in nearly three decades.
At the Cincinnati USA… more
Mar 27, 2017
Global events strategy consultancy AMR International and U.S.-based event organizer Lippman Connects will partner to launch Transform, a new conference that will tackle the data, analytics and digital strategy revolution of the exhibition industry.
The conference will provide critical insight to senior leaders of U.S. exhibition organizers, as the industry struggles to embrace data, analytics and digital technologies.
The Transform conference follows on from AMR’s Data and Digital Event Strategy Symposium held in London.
“This event comes in response to the industry’s ongoing reluctance to… more
Mar 25, 2017
It’s not about registration types or membership categories when it comes to acquiring attendees for your events.
Attendees are motivated by what is important to them, personally, professionally, at the time of clicking “register here.”
On this week’s #ExpoChat we’re going to unpack what Personas are, why they are important, and how you can use them to enhance attendee acquisition and retention.
Here are some questions that will be discussed:
· What are “Attendee Personas” and how are they different from membership or registration types?
· … more
Mar 25, 2017
The Association for Women in Events (AWE), a not for profit organization supporting gender equality and diversity in the event industry, has unveiled its Hall of Fame Recognition Program, hosted by the AWE Awards Committee.
The AWE Awards Committee was formed with a vision to create an engaged group of recognized people and programs that exemplify AWE values to serve as an ongoing resource for inspiration, guidance and leadership.
The AWE Hall of Fame will recognize the advancement of women in events by honoring women and men with a categorical award.
Categories for nominations are: Disruptor… more
Mar 24, 2017
Vinexpo, the international exhibition for wine and spirits professionals, is gearing up enter the world’s largest wine-consuming market with its first U.S. trade show.
Scheduled March 5-6, 2018, at the Jacob K. Javits Convention Center in New York City, Vinexpo New York is expected to host 200 exhibitors from wine-producing regions throughout the globe, along with 3,000 attendees, including importers, distributors, retailers, brokers, e-commerce, on-trade buyers and sommeliers.
“We’re excited to combine forces with Vinexpo to bring the international world of wine and spirits to New York – the… 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.