cvent
Thynk Announces Partnership With Cvent to Elevate Hospitality Sales Through Next-Generation Integrations
Thynk | October 30, 2024
Companies aim to drive group sales performance for hotels and venues by streamlining event operations Partnership includes integrations between Thynk and three of Cvent’s leading hotel solutions, Cvent Supplier Network, Smart Custom Proposals and Cvent Event Diagramming Brussels, Belgium & Tysons, Va. – October 30, 2024: Thynk, a provider of next-generation hospitality commercial management solutions, and Cvent, an industry-leading meetings, events, and hospitality technology provider, have announced a strategic partnership to empower hotel and venue sales teams with the solutions they need to drive greater business results. Th...
Corporate Travel Industry Must Embrace Emerging Technology to Remain Competitive and Accelerate Growth According to New Research From GBTA and Cvent
The Global Business Travel Association | August 8, 2024
Report outlines the importance of technology in the business travel industry as a disruptor and enabler with artificial intelligence and blockchain at the top of the emerging technology list The time for technology to transform, disrupt and accelerate business travel growth is here – according to a new study, “The Future is Now: Technological Transformation in Corporate Travel,” published today by the Global Business Association GBTA, the world’s premier business travel and meetings trade organization, and made possible by Cvent, an industry-leading meetings, events, and hospitality technology provider. Based on a survey of bus...
Cvent Announces Top Meeting Destinations and Hotels Worldwide for 2024
Cvent | May 15, 2024
The industry-acclaimed annual rankings recognize the top-performing hotels for group business, as well as the world’s most coveted meeting and event destinations TYSONS CORNER, VA & Frankfurt, DE – May 15, 2024 – Cvent, an industry-leading meetings, events, and hospitality technology provider, today announced its lists of the Top Meeting Destinations and Top Meeting Hotels worldwide. These annual lists – which are issued regionally for North America, Europe, Asia-Pacific, and the Middle East & Africa – are informed by sourcing activity through the Cvent Supplier Network, one of the world’s largest venue-sourci...
Onyx CenterSource Announces GroupPay Product Integration and Partnership With Cvent, To Launch in Late 2023
Onyx CenterSource | November 2, 2023
DALLAS (Nov. 2, 2023) — Onyx CenterSource, a leading global provider of B2B payments and business intelligence to the hospitality industry, has announced a new integration between its GroupPay payment platform and Cvent, an industry-leading meetings, events and hospitality technology provider. In addition, Onyx announced a Cvent partnership, which will create added value for mutual customers by delivering automation, visibility and standardization of meeting and event commission management through GroupPay. "This integration with GroupPay will provide Cvent customers with a seamless, single pathway, from a request for proposal to receivi...
Blackstone Completes Acquisition of Cvent for $4.6 Billion
Cvent | June 15, 2023
TYSONS, VA – June 15, 2023 – Cvent Holding Corp. (“Cvent”), an industry-leading meetings, events and hospitality technology provider, today announced the completion of its acquisition by an affiliate of private equity funds managed by Blackstone (“Blackstone”) for $8.50 per share in cash, representing a total enterprise value of approximately $4.6 billion. The transaction, which was previously announced on March 14, 2023, includes a significant minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and participation from existing stockholder Vista Equity Partners (“Vista”). As a resu...
New Report From Cvent and GBTA Sheds Light on the Transforming Role of the Corporate Travel Manager
GBTA | June 2, 2023
Latest research from GBTA and Cvent explores the critical and evolving role of travel managers including reshaped responsibilities, compensation insights, DE&I advances, and career satisfaction Like most of us, corporate travel managers can divide their careers into two distinct eras: before COVID and after COVID. And like most professions, the ongoing adjustments for travel managers to their responsibilities, compensation, and job satisfaction reflect an industry that’s ripe for change while still adhering to some past truths. This is according to a new report – “The Life and Times of a Corporate Travel Manager: Travel Ma...
Cvent Announces Top Meeting Destinations and Top Meeting Hotels in North America for 2023
Cvent | May 24, 2023
The highly anticipated annual Top Lists, published for the first time since the pandemic, spotlight top-performing group business hotels and sought-after meeting destinations TYSONS CORNER, Va.--May 24, 2023--Cvent, an industry-leading meetings, events, and hospitality technology provider, today released its lists of the Top Meeting Destinations and Top Meeting Hotels for meetings and events worldwide. These lists – which are broken out regionally by North America, Europe, Asia Pacific, and the Middle East & Africa – were compiled based on sourcing activity through the Cvent Supplier Network, one of the world’s largest venue...
Cvent To Be Acquired By Blackstone in $4.6 Billion Transaction
Cvent | March 14, 2023
Purchase Price of $8.50 Per Share Represents a 52% Premium Over 90-day VWAP of Unaffected Share Price Tysons, Va. – March 14, 2023 – Cvent Holding Corp. (“Cvent”) (Nasdaq: CVT), an industry-leading meetings, events and hospitality technology provider, today announced that it has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone (“Blackstone”) in a transaction valued at an enterprise value of approximately $4.6 billion. Under the terms of the agreement, Cvent stockholders will receive $8.50 per share in cash, representing a premium of 52 percent to the volume weigh...
