Ray Bloom: Imex America Is a Go for November in Las Vegas
Proclaiming the industry is sick of virtual events, IMEX Group Chairman and Founder Ray Bloom reaffirmed that the company’s signature trade show, IMEX America
Top Trends DMOs Should Consider in 2021
The travel world has been rocked by the COVID-19 pandemic, forcing destination marketing organizations to pivot the way they operate in lieu of steady in-person leisure and business travel. While there is certainly hope in 2021, with approved vaccines making the rounds, the tourism industry will no doubt be in recovery mode for some time.
ASAE Annual Meeting Is Going Virtual Again
ASAE made the difficult but what it felt was the prudent decision this week to move its Annual Meeting & Exposition online for the second consecutive year.
Las Vegas Sands Corp. to Sell Iconic Strip Properties to Apollo Funds for $6.25 Billion
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Las Vegas Sands Corporation has entered into a definitive agreement to sell The Venetian Resort and Sands Expo and Convention Center Operating Company for $6.25 billion to the Global investment firm Apollo Global Management, Inc.
How South Padre Island Convention Center Helped Save Thousands of Sea Turtles
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As the heart of South Padre Island’s meeting and event business, the South Padre Island Convention Center is accustomed to hosting an array of year-round corporate and consumer events.
New Business Contracts: eventPower, Albany Capital Center, Xperiential Group and More Ink New Deals, Extend Partnerships
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This year has gotten off to a roaring start, with event-related organizations far and wide forming new partnerships, signing new deals and renewing long-standing business relationships in preparation for brighter horizons. Here’s what’s been going on so far during the first quarter of the trade show industry:
Make the Most of This COVID-Induced Down Time
Dating back to local artisanal trading in medieval Europe and evolving through the Industrial Revolution to the 20th century, trade shows have survived war, disease, economic disaster and travel restrictions. So, why did the COVID-19 pandemic have such a devastating impact on a deep-rooted business practice?
Nashville’s Big Comeback: How the Music City Is Gearing Up for Better Times Ahead
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Last year wasn’t exactly a great one for Nashville. The popular music and events destination not only suffered fallout from the pandemic, but also a Christmas morning suicide bombing that injured eight people, severely damaged more than 40 buildings in a historic downtown district and crippled telecommunication systems throughout the Southeast for days.
Digital Health Passports Ease Path for In-Person Events
International travelers are used to presenting passports to enter foreign countries. Event attendees may very well have a similar requirement going forward — one tracking health status.
Congress Takes Up Bill Designed to Bring Back Travel and Events
A bipartisan bill to provide a much-needed jolt to the travel and hospitality industries reached the U.S. Senate floor Thursday.
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.