How Events and Venues Are Lending a Helping Hand In Times of Need
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.
Don Welsh: There Will Be a Silver Lining, But We Are Not There Yet
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.
5 Insurance Questions to Consider For Your Future Events
When you are planning for the conference or trade show of your dreams, the last thing you want is to be facing down the logistical nightmare of cancellation. But that’s precisely what’s been happening to event organizers around the world — and that’s why event cancellation insurance needs to be on every planner’s checklist.
CEIR Preliminary Projections on Economic Impact of COVID-19 on U.S. Exhibition Industry
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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.
Diversified Communications Acquires Energy Storage North America
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.
Aventri Forms New Partnerships to Offer Virtual Event Services
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.
Rescheduling Events: Your Guide on Where to Start
Event organizers have been facing unbelievable pressure to decide how to handle the events they’ve planned for this year. Cancel? Postpone? Go virtual? Move to a hybrid model? Each option provides its own benefits and challenges.
How to Make Virtual Events Engaging
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.
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.