RECon to Stay in Las Vegas Through 2019

January 14, 2015

After considering other destinations, the International Council of Shopping Centers (ICSC) decided to keep its annual trade show RECon in Las Vegas for another two years with the option for a three-year extension.

ICSC's current contract runs through 2017. The new contract begins in 2018 to potentially 2022, if the extension is exercised.

ICSC presented the Las Vegas Convention and Visitors Authority board with a demo check to the Las Vegas community for $223 million, which is the estimated non-gaming impact of the show for Southern Nevada.

"We are excited to keep RECon in Las Vegas, where it has been every year since 1986," said Tim McGuinness, vice president of global trade expositions, ICSC.

He added, "I’m still a little shell-shocked by the welcome we received here from the mayor, the governor, Donny and Marie. It was truly spectacular. We’re thrilled to be back here.”

"This was a very competitive process, and Las Vegas rose to the challenge with our resort partners working together to show why we are the No. 1 trade show destination in North America and how we intend to stay on top through continual reinvention and the development of the Las Vegas Global Business District," said Rossi Ralenkotter, president/CEO for the Las Vegas Convention and Visitors Authority (LVCVA).

RECon is the global convention for the shopping center industry attracting more than 34,000 attendees and 1,000 exhibitors from around the world to the Las Vegas Convention Center every year.

The trade show was first held in Las Vegas in 1976. Since then, RECon has generated more than $1 billion in non-gaming economic impact for the Las Vegas economy and brought almost 900,000 attendees to the destination.

The 2015 RECon show will be held May 17-20 at the Las Vegas Convention Center.

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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.