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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...

Hottest Meeting Trends for 2023 From Hotel Sales and Catering Leaders

Aimbridge Hospitality | March 29, 2023

In anticipation of Global Meetings Industry Day, Aimbridge Hospitality and Knowland survey U.S. sales and catering teams to identify how meetings are heating up the customer experience and changing hospitality operations PLANO, Texas and ARLINGTON, Va. — March 29, 2023 — Aimbridge Hospitality, a leading global hospitality company, and Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, today announced a collaboration resulting in a report that reveals unique insights into the significant changes and influences taking place in sales and catering. A survey of Aimbridge U.S. sale...

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...

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