Cvent Announces Strong Customer Growth

SaaS event technology leader continues impressive growth and momentum.

Tysons Corner, Va. – March 13, 2018 Cvent, Inc. a market leader in meetings, events, and hospitality technology, today announced several notable organizations have chosen Cvent's Event and Hospitality Cloud platforms to run their meetings and events, and increase their revenue. These organizations join Cvent's more than 25,000 customers in over 100 countries.

Cvent's Event Cloud

More than 80% of the Fortune 100 use Cvent to manage their meetings and events. Cvent's Event Management Platform provides all the tools needed to execute exceptional events - including venue site selection, online event management, on-site solutions, event mobile apps, email marketing and web surveys - which help organizations increase attendance, deliver engaging and personalized experiences, and measure the positive impact of events and overall return on investment (ROI).

  • New customers include: Rolex, and Westinghouse.
  • Renewals and expansions include: Land O' Lakes, RE/MAX, Service Employees International Union (SEIU), Wills Towers Watson, British Airways, and Miller Coors.

Cvent's Hospitality Cloud

Hoteliers use Cvent's Hospitality Platform to increase their group and business transient revenue. Together with destination management organizations (DMOs), hotels advertise on Cvent's digital sourcing platform to attract business from event planners and travel managers as they select hotels for their events and employee travel. Hotels also utilize Cvent software and business intelligence solutions to improve room block management, maximize planner and guest satisfaction, and identify opportunities for further growth. In 2017, nearly $15 billion and 40+ million room nights were sourced through Cvent's Hospitality Cloud.

  • New customers include: The Islands of the Bahamas, Sydell Group, Andaz - Singapore, and the Four Seasons Hotel - Houston.
  • Renewals and expansions include: Caesars Entertainment, Hyatt Corporation, Visit Indy, and Great Wolf Lodge.

"When organizations need a trusted software partner to run their meetings and events, and when hotels and DMOs need to find new customers and grow their businesses, they turn to Cvent," said Chuck Ghoorah, Co-Founder and President of Sales and Marketing. "The impressive list of customers that are new to Cvent, or have chosen to expand their use of our solutions, demonstrates that our platforms are best-in-class for organizations around the world."

"With more than 3,000 employees, Cvent is coming off the strongest year in our history. In 2017, we added thousands of new customers and expanded our reach around the world. That success enables us to accelerate our investment in the products and services our customers rely on each day. Our 1000 person technology team is hard at work delivering the innovative solutions that transform the meetings and events ecosystem, and our award-winning 750+ client services team continues to add new capabilities to support our customers around the globe 24/7."

About Cvent

Cvent is a leading meetings, events, and hospitality technology provider with more than 4,300 employees, 27,000 customers, and 300,000 users worldwide. The Cvent Event Cloud offers software solutions to event planners and marketers for online event registration, venue selection, event management and marketing, onsite solutions, and attendee engagement. Cvent’s suite of products automate and simplify the planning process to maximize the impact of events. The Cvent Hospitality Cloud partners with hotels and venues to help them drive group and corporate travel business.  Hotels use the Cvent Hospitality Cloud’s digital marketing tools and software solutions to win business through Cvent’s sourcing platforms and to service their customers directly, efficiently and profitably – helping them grow and own their business. Cvent solutions optimize the entire 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, or connect with us on FacebookTwitter or LinkedIn.