Mar 03, 2017
It goes without saying that trade shows and events are incredibly tough on the environment, producing massive amounts of waste and carbon emissions each year. According to MeetGreen, the typical conference attendee creates more than four pounds of waste and just under 400 pounds of CO2 emissions per day.
As a show organizer, you know you should do your part to help the planet by taking your events in a more sustainable direction, but you’re concerned that going green will not only be more labor intensive, but also more expensive.
But what it if was possible to make big changes and decrease… more
Mar 02, 2017
U.K.-based Informa's Global Exhibitionsdivision bought Yachting Promotions, the operator of some of the largest yachting and boat shows in the U.S., for $133 million.
“With this acquisition, Informa Exhibitions becomes the world’s leading yacht show organizer,” said Charlie McCurdy, Informa Exhibitions’ CEO.
He added, “Combining the world’s premiere show, based in Europe, with these five shows in North America creates a scale player in this attractive and growing vertical, further strengthening our relationship with leading yacht brokers and builders, providing good opportunities for cross… more
Mar 02, 2017
As part of its ‘Events First’ strategy, U.K.-based UBM made huge leaps in 2016, as it continues to realign its overall portfolio with the completed sale of its PR Newswire division and the acquisitions of Allworld Exhibitions, Content Marketing World and Business Journals, Inc., to name a few.
The company’s annual earnings report recently was released, indicating the events division was up last year to $874 million, compared with $775 million in 2015.
In North America, 2016 revenues were up to $363 million, compared with $303 million the year before.
UBM’s CEO Tim Cobbold took time from his… more
Mar 01, 2017
In a year when two of its largest biennial shows – Labelexpo Europe and Dubai Airshow - did not run, U.K.-based Tarsus Group scored like-for-like revenue growth of 8 percent and across the portfolio buyers increased by 7 percent on a like for like basis in 2016, well ahead of the company’s target of 5 percent.
“Our 'Quickening the Pace' growth strategy continued to deliver in 2016. Organic growth was strong at 8 percent, and we grew our buyer attendance, a key metric for us, by a very encouraging 7 percent,” said Douglas Emslie, Tarsus Group’s managing director.
He added, “Strategically, we… more
Feb 28, 2017
The Meetings Mean Business Coalition, a cross-industry communications and advocacy initiative, is introducing a platform for industry professionals in every corner of the globe to better advocate for the power of face-to-face meetings.
A newly created licensing agreement will allow partners in countries and regions outside of the United States to use MMB branding, messaging and research to form one strong, cohesive voice for the industry.
“We are thrilled to welcome more international partners into the MMB family through this global expansion,” said Paul Van Deventer, CEO of Meeting… more
Feb 28, 2017
MCI recently acquired Network Media Partners, a proven sales management organization specializing in customized media sales, event planning and management, digital and print design and marketing services for associations.
As MCI continues its growth strategy in the USA, the addition of Network Media Partners accelerates the company’s leadership in delivering a comprehensive suite of innovative, growth-centered solutions for associations, according to MCI officials.
“Associations of all sizes and types face increasing economic and market headwinds. Network Media Partners has industry-leading… more
Feb 27, 2017
The Center for Industry Research released its latest CEIR Total Index Report that indicated growth of the trade show industry declined during the fourth quarter of 2016.
Driven by a 1.8 percent drop in real revenues, the performance of the industry posted a modest year-on-year decline of 0.4 percent, after 25 consecutive quarters of year-on-year growth.
"The decline was a temporal set back as economic fundamentals still point to moderate growth for the exhibition industry" said CEIR Economist Allen Shaw, Ph.D., chief economist for Global Economic Consulting Associates.
The dip occurred only… more
Feb 26, 2017
Using freelance or contract labor isn’t new to the trade show industry. Contract floor managers, for example, have been a staple of the show business for decades. But as freelance work becomes a more popular option and a go-to resource for companies in the general economy, it’s likely to be a more acceptable and accessible option for both organizers and suppliers in the exhibition industry. In this week’s #Expochat, Michelle Bruno will lead a discussion on the challenges and opportunities associated with freelance workers. Here are the questions:
How do you define a freelancer/contract worker… more
Feb 24, 2017
Haymarket Media Group has announced a new joint venture with Comexposium, a leading global event organizer of food and farming events.
The new partnership with will include Haymarket’s Cereals and Fruit Focus exhibitions, two U.K.-based technical events for the arable farming and fruit industries, respectively.
The collaboration is expected to leverage the strengths of the two event organizers – Haymarket in delivering outdoor events with practical hands-on features, and Comexposium’s extensive international network and dedication to showcasing the latest technology and… more
Feb 23, 2017
One week after Emerald Expositions announced it would not be considering Utah to keep its Outdoor Retailer shows in when the contract runs out, officials from another show – the North American Handmade Bicycle Show – said they would no longer hold their event in the state.
Both shows, along with Emerald’s Interbike show that also took Utah off its list as a possible new home, are leaving in protest of Utah Gov. Gary Herbert’s attempts to undo federal protections of Bears Ears National Monument.
The North American Handmade Bicycle Show is scheduled to run March 10-12 at the Salt Palace… 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.