News
Sep 15, 2013
Earlier this week, Pico Thailand, a subsidiary of Hong Kong-based Pico Far East Holdings, announced its financial results for the quarter ended 31st July 2013. In the quarter, Pico Thailand generated revenues of US$8.0 million, which is a 5.0% year-on-year decrease. However, net profit in the quarter increased 75% to US$281,000 due to a drop in selling and administrative expenses.
Pico Thailand also announced its results for the nine-month period ended 31st July. Revenues in the period were US$24 million, a decrease of 22% compared with the same period last year. Net profit was US$569,000,… more
Sep 15, 2013
The Thailand Convention and Exhibition Bureau (TCEB) reported good performance on the back of a 12% growth for the MICE industry in the first three quarters this year (October 2012 – June 2013).
During the nine-month period, Thailand received a total of 747,072 foreign MICE travellers generating 64 billion Baht (US$2.0 billion) in revenues. Thirty percent of all foreign MICE travellers attended international conventions and generated revenues of 22 billion Baht (US$687 million). The incentive segment contributed 26% of the travellers generating revenues of 13 billion Baht (US$389… more
Sep 15, 2013
Messe Frankfurt New Era Business Media Ltd, a Messe Frankfurt subsidiary, announced the opening of a new marketing service subsidiary in Shenzhen – the Messe Frankfurt New Era Advertising (Shenzhen) Co Ltd.
Messe Frankfurt aims to consolidate its presence in the Chinese security products industry with its new branch to better promote its safety and security portfolio and offer expanded services for the mainland Chinese market. Messe Frankfurt New Era Advertising (Shenzhen) began operating on 1st September with a team of over 40 staff members.
Wolfgang Marzin, president and CEO of… more
Sep 15, 2013
UBM Sinoexpo, the Shanghai-based joint venture (JV) company of UBM Asia, has formed a new JV with the Guzhen Town Governmentof Zhongshan City in China’s Guangdong Province through a cooperation agreement. The new JV will become the management company of the China (Guzhen) International Lighting Fair.
Launched in 1999, the Guzhen Lighting Fair attracted more than 600 exhibiting companies and 64,000 professional visitors from 103 countries and regions in 2012. The fair will be hosted at the new Lighting Capital (Guzhen) Conference & Exhibition Center as well as in three lighting… more
Sep 15, 2013
Facebook recently made an update to its Page Terms that will help event organizers boost user engagement for their Facebook promotional campaigns.
Earlier, brands were required to use a third party app to run a raffle or contest based on Facebook's engagement features, but this policy has been revoked with the latest changes to the 'Facebook Page Terms'.
To quote Facebook:
“We’ve removed the requirement that promotions on Facebook only be administered through apps. Now, promotions may be administered on page Timelines and in apps on Facebook. For example,… more
Sep 14, 2013
George Little Management’s online product directory to complement its live NY NOW show, NYNOW365.com , has surpassed the company’s expectations, by far, with nearly 12,000 qualified home, lifestyle and craft retailers registered to check out the wares.
In addition, 1,100-plus manufacturers, almost half the NY NOW exhibitor base, are showcased, representing some 45,000 searchable products.
The live NY NOW event was held in August at the Jacob K. Javits Convention Center of New York.
"Since its April 2013 launch, NYNOW365 has shattered projections, with over 3.1 million product… more
Sep 14, 2013
George Little Management’s online product directory to complement its live NY NOW show, NYNOW365.com , has surpassed the company’s expectations, by far, with nearly 12,000 qualified home, lifestyle and craft retailers registered to check out the wares.
In addition, 1,100-plus manufacturers, almost half the NY NOW exhibitor base, are showcased, representing some 45,000 searchable products.
The live NY NOW event was held in August at the Jacob K. Javits Convention Center of New York.
"Since its April 2013 launch, NYNOW365 has shattered projections, with over 3.1 million product… more
Sep 13, 2013
Messe Duesseldorf’s launch of Energy Storage North America Conference & Expo, an offshoot of its global energy storage brand, was deemed a successful first show, with more than 740 attendees from 16 countries representing 400 organizations attending.
“We are delighted with the exhibitor and visitor participation. Sold-out exhibit space and the greater than expected attendance confirm the importance of ESNA as a leading and essential market place in the energy storage industry, providing a focused meeting place for projects and applications in this growing sector,” said… more
Sep 12, 2013
At the 3rd Annual Center for Exhibition Industry Research’s Predict Conference, more than 150 C-level trade show industry leaders, M&A representatives, financiers, economists and sponsor suppliers gathered Sept. 12 in New York City and looked into a crystal ball to try and determine the future of the industry.
What they discovered was the overall sentiment in the room was one of cautious optimism.
While the U.S. trade show industry still is growing, it has slowed significantly, with GDP starting to surpass it.
Even so, compared with pressures around the globe, including… more
Sep 10, 2013
Las Vegas Sands challenged college students to come up with the next breakthrough in sustainable hospitality at the UNLV/Sands Sustainable Hospitality Summit that took place Sept. 9 at University of Nevada, Las Vegas.
The winning individual or team will receive a $50,000 Academic Achievement Award and will see their idea implemented at the Venetian/Palazzo resorts in Las Vegas.
The summit featured a keynote by Stephen Ritz, founder of the Green Bronx Machine, as well as several panels on sustainable hospitality and urban development.
With green practices becoming a staple of 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.