Cvent's latest product developments announced at annual CONNECT conference in Las Vegas
Tysons Corner, VA and Las Vegas – June 13, 2017 –Cvent, Inc., the market leader in meetings, events and travel technology, unveiled the complete redesign of the Cvent Supplier Network (CSN) venue sourcing platform. The redesign delivers significant improvements to usability, search relevancy and design to help meeting planners find the perfect venue with ease.
Kevin Fliess Vice President of Marketing at Cvent said: "This launch marks a paradigm shift in venue sourcing based on our customers' holistic interests and feedback. Our technology team has spent thousands of hours doing field research and has worked hand in hand with our customers to ensure that the redesign meets the needs of the modern planner and our supplier partners."
In addition to unveiling the redesign of the CSN, Cvent announced their new Group Business Intelligence solution. Part of the Cvent Hospitality Cloud, the new solution will enable hospitality professionals to see real-time data and analytics of their group business, and that of their competitors, in a single easy-to-use platform.
"Hospitality professionals need timely and actionable intelligence for their group business segment in order to maintain and improve their competitive position," said Pete Floros, SVP of Product Management at Cvent. "Providing our clients with the tools to confidently respond to pending RFPs and book business based on competitor rate and response information offers an invaluable opportunity to drive revenue. Our whole goal in designing the platform was to make the data actionable - enabling our supplier partners to generate more qualified group business leads and increase revenue per available room."
The Group Business Intelligence solution is available to Cvent hospitality customers through an online portal, which is constantly updated with the latest information. Hoteliers can segment information based on their reporting needs–including specific time periods, customer segments, and locations to see how particular parts of the business are performing. Having this data in an accessible, intuitive, comprehensive dashboard lets hospitality professionals drill down from overall results to individual RFPs within Cvent’s platform, and align their response with business goals. Hoteliers can now see how their venue is performing relative to their competitive set, with regards to demand generation, response and award behaviour.
"Our new Group Business Intelligence platform is designed to make the hotelier's job easier," added Floros. "By providing real time, 24/7 access to your group competitive intelligence, along with the ability to quickly filter, segment and navigate to underlying RFPs for immediate action, this solution is a game-changer."
Featuring more than 245,000 hotels, resorts and special event venues, the Cvent Supplier Network is one of the world's largest and most accurate databases of detailed venue information. Cvent sourced more than $11 billion in meetings and events through its marketplace in 2016. The CSN contains listings of hotels and other venues in more than 175 countries that can be searched and filtered based on approximately 200 meetings and events attributes. The Network is part of the Cvent Hospitality Cloud, which provides hotels, CVBs and other event venue owners, solutions to effectively generate qualified demand for meetings and events, manage that demand more efficiently, and measure group business performance.
Cvent, Inc. is a leading cloud-based enterprise event management company, with tens of thousands of customers and more than 2,500 employees worldwide. Cvent offers software solutions to event planners for online event registration, venue selection, event management, mobile apps for events, email marketing, and web surveys. Cvent provides hoteliers with an integrated platform, enabling properties to increase group business demand through targeted advertising and improve conversion through proprietary demand management and business intelligence solutions. Cvent solutions optimize the entire event management value chain and have enabled clients around the world to manage hundreds of thousands of meetings and events. For more information, please visit Cvent.com or connect with us on Facebook, Twitter or LinkedIn.