Association Show News
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May 22, 2023
The music products industry’s largest B2B trade show and a B2C event dedicated to music enthusiasts recently attracted record attendance to convention venues in Anaheim, Calif., and outside of Chicago, respectively.
The NAMM Show
Presented by the National Association of Music Merchants (NAMM), the 2023 edition of The NAMM Show reunited the $17 billion music products, pro audio and entertainment technology industry April 13-15 at the Anaheim Convention Center, the venue it has called home since 1978.
The annual trade show and conference, which has been steadily working its way back to… more
May 19, 2023
As the events industry continues its robust recovery following the pandemic, the Exhibitions & Conferences Alliance’s (ECA) Legislative Action Day will return to Washington, D.C., on June 1, bringing industry advocates and leaders to meet with members of Congress about important federal policy priorities.
“It will be great to have this event back in person after four long years,” said Tommy Goodwin, vice president of government affairs for ECA, adding that the last in-person International Association of Exhibitions and Events (IAEE) Exhibitions Day was in 2019, with the 2020 event held… more
May 15, 2023
As the trade show industry continues its robust, post-pandemic recovery in 2023, several event organizations and providers across the U.S. are establishing strategic partnerships, renewing business deals and making acquisitions. Check them out!
ESCA
The Exhibition Services & Contractors Association (ESCA) has selected leading event management software provider EventMobi as a preferred partner for its event management software solutions to benefit ESCA members.
Known as a trusted event technology provider for member-based organizations and corporations, EventMobi offers an award-… more
May 04, 2023
U.S. trade shows are continuing their robust return to face-to-face, attracting industry professionals from far and wide to connect and conduct business on bustling show floors. Here are two major events that pulled off successful and record-setting editions recently.
ProMat
Following a four-year, pandemic-induced hiatus, the manufacturing, logistics and supply chain community came together for a record-setting ProMat 2023 trade show and conference, held March 20-23 at Chicago’s McCormick Place. Typically held biennially in the Windy City, the pent-up demand resulted in the show boasting… more
May 01, 2023
Prior to the COVID-19 pandemic, buffets were a staple feature at most corporate meetings and events. But during the pandemic, this versatile, practical and popular meal option was basically eliminated due to health and safety concerns, as buffets typically involve guests handling shared utensils and serving dishes, thus potentially increasing the risk of virus transmission. To minimize this risk and keep both employees and guests safe, many hotels and event venues temporarily eliminated self-serve buffets and replaced them with alternatives such as plated or pre-packaged meals, or… more
Apr 17, 2023
What are exhibitors and sponsors seeking from trade shows, how has that changed since 2019 and what can trade show organizers do to deliver better ROI? Jenn Harrison, who has served as trade show manager for General Dynamics Mission Systems for more than 16 years, and Cheryl Soares, who has served as manager, trade shows and foodservice promotions for the California Milk Advisory Board for more than 17 years, shared their perspectives at the Society of Independent Show Organizers (SISO) CEO Summit, held March 20-23 at the Four Seasons in Las Vegas.
The session, “Customer Spotlight:… more
Apr 11, 2023
The U.S. B2B exhibitions industry is continuing a robust rebound and demonstrating a continued improvement in Q4 2022 from the previous 11 quarters, according to the Center for Exhibition Industry Research’s (CEIR) 2022 Fourth Quarter Index results, which was released in late March.
Figure 1: B2B Exhibition Industry Cancellation Rate, %
The cancellation rate for in-person trade shows and events dropped to 1.3%, a substantial improvement compared to 97.9% in Q4 2020 and 14.8% in Q4 2021. This relatively low cancellation rate and the continued improvement in metrics outcomes for completed… more
Apr 10, 2023
Attendees and exhibitors are continuing to eagerly return to in-person trade shows, and the momentum of many B2B events and the industries they serve appear to be showing no sign of slowing down. Case in point: The ARA Show and Intersolar North America (ISNA) and Energy Storage North America (ESNA), which took place on opposite sides of the U.S. during the same week in Orlando, Fla., and Long Beach, Calif., respectively. Here’s a summary of these two successful events and what show organizers say was the secret to their robust attendance this year.
The ARA Show 2023
Upon the completion of… more
Mar 27, 2023
Despite a rainy week in Las Vegas, the triennial CONEXPO-CON/AGG & IFPE 2023 crushed attendance expectations, drawing 139,000 construction and fluid power professionals from 133 countries to the Las Vegas Convention Center (LVCC) and Festival Grounds March 14-18. Besides attendance that marked a 6 percent increase compared to 2020, the show featured more than 2,400 exhibitors across more than 3 million square feet, an increase of 10.5 percent.
“For the construction industry, coming to this show is an extremely high priority,” said Dana Wuesthoff, vice president, exhibitions and event… more
Mar 14, 2023
Industry-leading meetings, events and hospitality technology provider Cvent Holding Corp. (“Cvent”) has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone for approximately $4.6 billion.
According to company officials, under the terms of the agreement, Cvent stockholders will receive $8.50 per share in cash, which represents a premium of 52 percent to the volume weighted average share price over the 90 days prior to Jan. 30, 2023 – the day before media reports were published of a potential transaction.
As part of the transaction… 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.