Hyatt Establishes New Technology Relationship with Cvent

Streamlined RFP Technology Is Intended to Increase Efficiency for Hyatt and Cvent's Meeting Planners

MCLEAN, VA – April 14, 2010 – Cvent, a leading provider of online event management, site selection and event sourcing solutions, has extended its alliance with Hyatt by integrating the Cvent Supplier Network, an electronic Request for Proposal (RFP) platform for meetings and events, with Hyatt's proprietary sales application, Envision. This technological integration was established after Hyatt experienced a dramatic increase in group business RFP volume as a result of marketing its hotels on the Cvent Supplier Network in 2009. With the influx of group business leads being sent to Hyatt hotels, an integrated solution was necessary to seamlessly transition Cvent's RFPs to the in-house sales application at Hyatt properties.

"This integration allows for a seamless transfer of data between Cvent and Envision, so that all RFPs sent to full service Hyatt properties through the Cvent Supplier Network will automatically appear in the Envision system," said Chuck Ghoorah, Executive Vice President of Sales and Marketing at Cvent. "We are proud to be able to advance our relationship with Hyatt so that we can provide the best possible service to our software users."

Sales representatives at Hyatt will be able to evaluate Cvent RFPs within the Envision database, speeding up response time and accuracy in quoting. The Envision database contains information about customers as well as Hyatt hotel facilities including guestrooms, meetings and banquet bookings as well as schedules for Hyatt properties worldwide.

"We are very excited about our Envision Integration with Cvent," said Jack Horne, Vice President, Sales, Hyatt Hotels and Resorts. "Because our sales technology is available in every full service Hyatt hotel in the U.S., Canada, and the Caribbean, we expect that this integration will enable planners to obtain faster responses with customized proposals."

About Cvent, Inc.

Cvent, Inc. is a leading meetings, events, and hospitality management technology provider with more than 3,500 employees, 25,000 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 hundreds of thousands of meetings and events. For more information, please visit Cvent.com, or connect with us on FacebookTwitter or LinkedIn.