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Cvent Continues Strong Growth Adding 1,200 New Customers in Q1 2019

May 14, 2019

TYSONS, Va.--(BUSINESS WIRE)--May 14, 2019--

In the first quarter, 1,200 new customers selected Cvent, a market-leading meetings, events, and hospitality technology provider, for their event management and group business needs. The new customers further expand Cvent’s global customer base, which includes more than 50 percent of the Fortune 500 and 80 percent of the Fortune 100. To support their rapid growth, Cvent plans to increase recruiting efforts and continue their global headcount expansion by adding nearly 1,000 employees in 2019.

“We had a great 2018 and our strong momentum continued into the first quarter of 2019 as 1,200 organizations around the world chose Cvent,” said Chuck Ghoorah, Co-Founder and President of Worldwide Sales and Marketing. “Our unique ability to power the entire meetings and events ecosystem is driving our global growth. We offer the broadest and deepest solutions, helping event planners, marketers, and hoteliers drive revenue and maximize their business impact.”

Cvent Event Cloud

For event professionals and marketers, Cvent provides easy-to-use, integrated technology solutions to maximize the impact of meetings and events of all sizes – helping organizations plan and market events, execute onsite, engage audiences and measure and analyze results and return on investment. Organizations that chose Cvent include Zoom Video Communications, Skift, Okta, Veeva Systems, University of New England, and Alaska Airlines.

Cvent Hospitality Cloud

Event planners and corporate travel managers sourced more than $16 billion dollars in business through Cvent’s online platforms last year, and the Cvent Hospitality Cloud offers clients direct access to these buyers. By connecting hotels with buyers and providing technology for winning and servicing customers, the Cvent Hospitality Cloud helps hoteliers grow and own their group and corporate travel business. Organizations that chose Cvent include Four Seasons Hotels and Resorts, TopGolf, Tourism Toronto, iPlay America, the Singapore Exhibition & Convention Bureau, and the Dublin Convention Bureau.

The company also continues to win awards for outstanding performance across a broad spectrum of functions. Most notably, Cvent won 12 Stevie Awards for Sales and Customer Service and was named a 2019 Best Place to Work by the Washington Business Journal.

About Cvent

Cvent is a leading meetings, events, and hospitality software company with more than 4,000 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. For more information, please visit  Cvent.com, or connect with us on  FacebookTwitter  or  LinkedIn.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190514005183/en/

CONTACT: Erica Stoltenberg

estoltenberg@cvent.com

571.378.6240

KEYWORD: UNITED STATES NORTH AMERICA DISTRICT OF COLUMBIA VIRGINIA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT NETWORKS SOFTWARE TRAVEL OTHER TRAVEL COMMUNICATIONS MARKETING

SOURCE: Cvent

Copyright Business Wire 2019.

PUB: 05/14/2019 09:00 AM/DISC: 05/14/2019 09:01 AM

http://www.businesswire.com/news/home/20190514005183/en

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