Cvent Announces Corporate Partnership with Cornell University's School of Hotel Administration

Leading channel for group business to team up with the world leader in collegiate programs in hospitality management

McLean, Va. – Cvent, Inc. (NYSE:CVT), a leading cloud-based enterprise event management platform, today announced a two-year corporate partnership with Cornell University's School of Hotel Administration (SHA). SHA will use Cvent's event management platform and mobile apps for its top industry events for hospitality professionals around the world.

In addition, Bharet Malhotra, senior vice president of sales at Cvent, is joining the Cornell Center for Hospitality Research Advisory Board. Other board members include industry leaders Eric Danziger, president and CEO of Wyndham Hotel Group, Chuck Floyd, COO of Hyatt, and Kevin Jacobs, EVP and CFO of Hilton Worldwide.

"We're excited to have the opportunity to align with Cornell University's School of Hotel Administration, the number one hospitality school in the world," said Malhotra. "The meetings and event industry is a $565 billion business, and we look forward to working closely with Cornell to develop product research that advances the hospitality industry. This corporate partnership reflects Cvent's efforts to serve as a leading industry resource."

By affiliating with Cornell's Center for Hospitality Research, Cvent will become an active participant in the research process, working with leading hospitality researchers and other partners from around the world to exchange ideas and develop research questions. Additionally, the company will closely interact with the research faculty at Cornell, other sponsors, and partners.

"Cvent has played an important role in the school's industry and alumni events for several years," said Mark Depew, director of development at the School of Hotel Administration. "We are grateful to have the opportunity to expand our collaboration with Cvent and welcome them as a corporate partner of the Center for Hospitality Research."

About Cvent

Cvent is a leading meetings, events, and hospitality technology provider with 4,800+ employees and ~22,000 customers worldwide as of December 31, 2023. Founded in 1999, the company delivers a comprehensive event marketing and management platform and offers a global marketplace where event professionals collaborate with venues to create engaging, impactful experiences. Cvent is headquartered in Tysons, Virginia, just outside of Washington D.C., and has additional offices around the world to support its growing global customer base. The comprehensive Cvent event marketing and management platform offers software solutions to event organizers and marketers for online event registration, venue selection, event marketing and management, virtual and onsite solutions, and attendee engagement. Cvent’s suite of products automate and simplify the event management lifecycle and maximize the impact of in-person, virtual, and hybrid events. Hotels and venues use Cvent’s supplier and venue solutions to win more group and corporate travel business through Cvent’s sourcing platforms. Cvent solutions optimize the event management value chain and have enabled clients around the world to manage millions of meetings and events. For more information, please visit Cvent.com

About the Cornell School of Hotel Administration

The Cornell University School of Hotel Administration is shaping the global knowledge base for hospitality management through leadership in education, research and industry advancement. The school provides management instruction in the full range of hospitality disciplines, educating the next generation of leaders in the world's largest industry. Founded in 1922 as the nation's first collegiate course of study in hospitality management, the Cornell School of Hotel Administration is recognized as the world leader in its field. For more information, visit www.hotelschool.cornell.edu.