Cvent Opens First European Office in London
Company Plans to Increase European Client Base with Consolidated Sales and Marketing Efforts
McLean, Va. and London, UK — Cvent, a leading cloud-based enterprise event management platform, today announced plans to expand its international presence with the opening of a London office. Cvent has facilitated meeting and event booking in Europe through its Cvent Supplier Network since 2008 and has experienced strong demand in the region. Likewise, hundreds of UK-based organizations have been leveraging Cvents online event registration solution for many years now. The Europe, Middle East and Africa (EMEA) market is the second largest for event registration software, following North America, accounting for thirty percent of the $28 billion global market, according to recent research conducted by Frost & Sullivan.
"The Cvent platform has been leveraged to book a large variety of meetings and events in Europe as the region has increasingly embraced booking automation, said Brian Pirkle, manager of Cvents London office. Investing in Europe by opening a London office and hiring a dedicated team to reach more organizers and expand our roster of suppliers will position us to seize the enormous growth opportunity the market presents."
This global expansion will allow Cvent to better support its existing client base in the region, while continuing to aggressively grow the business internationally. The company currently serves nearly 250 UK clients, including Accenture, Barclays and Nielsen. In order to attract new business, Cvent is building a London-based team to consolidate all European sales and marketing efforts locally. All European clients will be able to utilize Cvents complete platform of services, including the event management solution, Web surveys, event mobile apps, the Cvent Supplier Network and the companys Strategic Meetings Management solution for enterprises.
Cvents platform can be leveraged in any international market. Event registration fees can be processed in more than 100 currencies, including US dollars, British Pound Sterling and the Euro via all major credit cards. In the interest of providing world-class solutions in a global marketplace, we also offer multi-lingual event registration and surveys, multi-lingual event websites, multi-currency budgets, and a supplier network of more than 200,000 meeting and event venues and suppliers around the world.
Cvent Holding Corp. (Nasdaq: CVT) is a leading meetings, events, and hospitality technology provider with more than 4,800 employees and over 21,000 customers worldwide as of September 30, 2022. 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. From time to time, we plan to utilize our investor relations website, investors.cvent.com, as a channel of distribution for material company information.