Sydney Snags No. 10 Ranking on the 2010 International Convention & Congress Association List
May 23, 2011
Sydney jumped an impressive 17 spots to snag the No. 10 ranking out of 364 global business destinations on the 2010 International Convention & Congress Association List.
Within the Asia-Pacific region, Sydney is ranked as the No. 2 business events destination, second only to Singapore.
In 2010, Sydney hosted almost half of the total number of meetings attributed to Australian cities.
“The result is a strong indication of the robustness of Sydney’s meetings industry and our ability to deliver world-class meetings, events and conferences,” said Jon Hutchison, CEO of Business Events Sydney (BESydney).
He added, “Sydney’s strengths in key subject fields coupled with the city’s collaborative approach to delivering event outcomes are important factors that are moving Sydney up in global preferences.”
Martin Sirk, CEO of ICCA, said, “I’ve been incredibly impressed by BESydney’s rigorous use of ICCA’s research tools to identify prospective business, and to aggressively market Sydney to international associations. It’s no surprise to me that they’ve climbed high in both ICCA’s world and regional rankings.”
To date, BESydney has secured 66 business events this financial year, expected to generate $185 million for the economy, which is a 50-percent increase, compared with last year.
In the ICCA rankings, Sydney’s closest Australian competitor is Melbourne, ranked No. 40 in the world. Vienna and Barcelona topped the global listings in 1st and 2nd position.
“Sydney’s outstanding performance presents fresh impetus and new opportunities,” Hutchinson said. “This is a great push for future growth that will underpin sales and marketing efforts to win events to fill the proposed new convention space, and capitalize on exciting plans for the ‘new’ Sydney including the Barangaroo project, refurbishment of Star City and other great new infrastructure developments on the drawing board.”
Here are some of the key meetings held in Sydney last year:
- •7th International Orthodontic Congress: economic impact $20 million
- •9th Annual World Congress of the Human Proteome Organization: economic impact $7.5 million
- •4th Asian Pacific Congress on Computational Mechanics: economic impact $3.6 million.
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.
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