News
Mar 23, 2020
Cancelled trade shows and meetings are the harsh reality for convention centers across the country right now, but that hasn’t stopped many venues from turning their misfortune into charitable opportunities.
To help provide a little feel-good inspiration during this challenging time, read on to learn how events and venues impacted by COVID-19 are stepping up to provide immediate relief to those in-need in their local communities.
Greater Columbus Convention Center Feeds Nashville Tornado Victims
When COVID-19 virus concerns resulted in a March 5 order by the Ohio Department of Health… more
Mar 20, 2020
The coronavirus pandemic has sent the travel industry into a tailspin, but there is light at the end of the tunnel—however long it may take us to get there, says Don Welsh, president and CEO of Destinations International. Here’s his take on the current situation.
How are destinations dealing with the coronavirus from a meetings business standpoint?
I think there’s never been a more collaborative effort in the industry and with all the industry players involved in meetings. What we’re realizing, as we go through this, is that knowledge is power, and we’re getting more clarity with every… more
Mar 18, 2020
The Center for Exhibition Industry Research released preliminary projections today that outline the impact that the novel coronavirus pandemic will have on the U.S. B2B exhibition industry in the coming months. According to CEIR officials, these calculations were obtained from data it collected from exhibition and event organizers who have cancelled their events.
“We have been closely monitoring the progress of COVID-19 in anticipation of how it will impact our industry for weeks,” said Cathy Breden, CEO of CEIR. “Data collection and analysis takes time, and we are pleased to have enough… more
Mar 18, 2020
Even though mergers and acquisitions activity has slowed down significantly as a result of COVID-19, Diversified Communications announced yesterday it had acquired Energy Storage North America (ESNA) from producer ESNA EXPO LLC.
The investment not only grows Diversified Communications’ portfolio of events for the renewable energy industry, but also reinforces its commitment to supporting the new energy economy.
In addition to acquiring three of the leading solar + energy storage industry events from the Intersolar portfolio last year, Diversified Communications also owns and operates a 1.… more
Mar 18, 2020
A new report from Tourism Economics shows that the impact of the coronavirus outbreak will have far-reaching consequences for the travel industry. The total economic loss is projected to translate into a total economic loss of $809 billion — more than six times worse than the world experienced post-9/11.
The report predicts that the U.S. economy will lose 4.6 million travel-related jobs as a direct result of the decline in travel, 3.6 million of which are estimated to be directly within the industry. Based on historical precedent, this will push the unemployment rate up to 6.3 percent in the… more
Mar 18, 2020
Event management solution company Aventri is partnering with three digital event providers — Digitell, Evia and Intrado Digital Media — to help customers who have had to rethink their events in the wake of the coronavirus outbreak. These new offerings will provide all current Aventri customers and any event planners globally with the option to move their events to a virtual platform or to add a digital component to any event.
“Most people with events happening soon are thinking about what to do if they can’t hold events as planned,” says Jim Sharpe, CEO of Aventri. “They want to know they… more
Mar 17, 2020
In a time where most face-to-face meetings aren’t an option, many event professionals are turning to virtual events. But as we all know, it can be difficult to keep a remote audience engaged.
How many times have you signed up for a webinar with the best of intentions, only to realize midway through that you’ve been multitasking — checking email, browsing the web or talking to your coworker who just had “one quick question”? Or, you signed up for a virtual event only to experience difficulty with logging in, viewing the livestream or seeing pop-ups such as polls? These are the types of… more
Mar 16, 2020
In response to the growing health crisis in the U.S., large convention centers and hotel/casino properties across the country are temporarily suspending hosting events in an effort to limit the spread of the novel coronavirus. This comes as the CDC issued guidance on March 15 discouraging any gatherings of more than 50 people for the next eight weeks.
Although this list is expected to grow in the coming days and weeks, here are some major facilities that have shuttered their event operations thus far:
Anaheim Convention Center
As of March 12, Anaheim Convention Center in California shut… more
Mar 16, 2020
As of March 15, the CDC is recommending that for the next eight weeks (until at least May 4), all events consisting of 50 people or more be postponed or canceled.
According to the statement: “Large events and mass gatherings can contribute to the spread of COVID-19 in the United States via travelers who attend these events and introduce the virus to new communities. Examples of large events and mass gatherings include conferences, festivals, parades, concerts, sporting events, weddings, and other types of assemblies. These events can be planned not only by organizations and communities but… more
Mar 14, 2020
The overall largest trade show in the United States and North America’s largest construction trade show, the triennial CONEXPO-CON/AGG and IFPE, set a new square footage record March 10-13 at the Las Vegas Convention Center amid COVID-19 concerns and travel restrictions.
CONEXPO-CON/AGG spanned 2.67 million net square feet, up from 2.5 million in 2017. The cancellations totaled 66,950 net sq. ft., or roughly 2.48 percent, with 15,000 sq. ft. resold. IFPE lost 45,000 sq. ft. or 26 percent of the 172,500-sq. ft. of floor space.
Attendance numbers were unavailable, but pre-registration was… 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.