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Marriott Integrates Internal Inventory System Exclusively
with the Cvent Supplier Network


Integration Will Enable Marriott to Provide Faster, More Comprehensive Responses
to Meeting and Event Planner Request for Proposals

 
MCLEAN, VA – September  14, 2011 – Cvent, the world’s largest provider of cloud-based software for event management, meeting site selection and web surveys, today announced an expanded partnership with Marriott International (NYSE: MAR) to integrate the Cvent Supplier Network (CSN) with Marriott’s proprietary consolidated inventory system.  The Cvent Supplier Network is the world’s largest online marketplace that connects meeting and event planners with hotels and other special event venues. 
 
This integration will streamline the Request for Proposal (RFP) process between meeting and event planners that send RFPs on Cvent’s Supplier Network and Marriott’s sales team, allowing Marriott to manage group business leads more efficiently, eliminate manual processes and provide planners with more thorough, timely responses to their RFPs.
 
“We’re always looking for ways to improve meeting and event planners’ experience with Marriott, and this industry-leading integration with Cvent will allow us to do just that,” said Neal Jones, Vice President, Global Sales – Intermediaries at Marriott. 
 
Geoff Heuchling, Marriott’s Senior Director of B2B eCommerce, added, “The integration effort to date has truly been a joint collaboration.  The Cvent Supplier Network is already our top source for highly qualified group business leads, and we look forward to receiving even more RFPs as the system continues to grow.”
 
Launched in 2008, the Cvent Supplier Network allows planners to search detailed profiles of more than 150,000 venues worldwide—over 3,500 of which are Marriott properties across 12 brands.  Planners can then send electronic RFPs with their meeting requirements and compare venue proposals with side-by-side reports.  Marriott’s consolidated inventory system will be integrated exclusively with the CSN, so leads sent by planners through the network will seamlessly route to the Marriott sales team.
 
“Marriott is known for leading innovation and has been a critical partner to us in the development of the Cvent Supplier Network from the start.  We’re happy to be working hand-in-hand with them to bring to market a fully integrated solution,” said Chuck Ghoorah, Cvent’s Co-Founder and Executive Vice President of Sales and Marketing.  “More than 50,000 meeting and event planners around the world use the Cvent Supplier Network to find venues. As our user base and group business RFP volume continues to grow, this integration will help Marriott better manage the influx of group business leads they receive through the system.”
                                                                                                                                               
Marriott International’s hotels offer space for virtually any type of meeting, from small gatherings of five people to conventions of thousands.  Meeting planners can earn Marriott Rewards points for a variety of meeting expenses such as room blocks, meeting room rental, audiovisual, and food & beverage. 
 
About Cvent
Founded in 1999, Cvent is the world’s largest meetings and event management technology company and has over 800 employees worldwide. Cvent offers web-based software for meeting site selection, online event registration, event management, e-mail marketing, and web surveys, and helps over 90,000 users in 40 countries manage hundreds of thousands of events, surveys and e-mail campaigns. The company has processed over $2 billion in online payments and has managed over 30 million event registrations and survey responses for its clients. Cvent’s client base ranges from small non-profits to large corporations, and includes over 30 companies from the Fortune 100. A leading authority on Strategic Meetings Management (SMM), Cvent’s technology has been used to implement SMM programs around the world. For more information, please visit www.cvent.com.
 
About Marriott
MARRIOTT INTERNATIONAL, INC. (NYSE:MAR) is a leading lodging company with more than 3,500 lodging properties in 70 countries and territories. Marriott International operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, EDITION, Autograph Collection, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn & Suites, SpringHill Suites and Bulgari brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club, The Ritz-Carlton Destination Club, and Grand Residences by Marriott brands; licenses and manages whole-ownership residential brands, including The Ritz-Carlton Residences, JW Marriott Residences and Marriott Residences; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers. The company is headquartered in Bethesda, Maryland, USA, and had approximately 129,000 employees at 2010 year-end. It is ranked by FORTUNE as the lodging industry’s most admired company and one of the best companies to work for.  In fiscal year 2010, Marriott International reported sales from continuing operations of nearly $12 billion. For more information or reservations, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com.

Connect with Cvent:
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Contact:

Jamie Rismiller
Public Relations, Cvent
+1 571-830-2466
jrismiller@cvent.com
 
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Also See: Q4 2010 Growth of 50 Percent Caps Cvent’s Strongest Year Yet; Company Adds Over 3,000 New Customers in 2010; Grows Annual Revenue 41 Percent / February 2011

Cvent to Drive $2.5 Billion in Unique Group Business to Hotels in 2010; Expects to Grow to $4 Billion in 2011 / November 2010

Cvent Announces New Technology Relationship with Hyatt; Streamlined RFP Technology Is Intended to Increase Efficiency for Hyatt and Cvent’s Meeting Planners /April 2010

Kimpton Hotels & Restaurants Featured on the Cvent Supplier Network to Target Group Meetings Business / February 2010

Cvent is Now the Largest Source of Meeting RFPS in North America; Cvent Supplier Network Accomplishes Hockey-Stick Growth in 2009 by Sending 100,000 RFPs to Meeting Venues in Q4 2009 / February 2010

Cvent Supplier Network Spans the Globe Profiling 100,000 Meeting Hotel and Event Venues; Expanded Worldwide Site Selection and eRFP Service to be Showcased at the 2009 EIBTM Exhibition / November 2009

ConferenceDirect Selects Cvent Supplier Network as Hotel RFP Platform / July 2009

Cvent Announces Strategic Partnership with Starwood Hotels; Hotels Leverage Online Advertising to Capture Meeting Planner Audience / June 2009

Cvent CEO Reggie Aggarwal Named Ernst & Young Entrepreneur Of The Year® 2009 Award Winner in Greater Washington; Award Recognizes Entrepreneurial Excellence in IT Services Category / June 2009

Hilton Selects Cvent Supplier Network as New Lead Channel For Group Business / June 2009

Cvent Partners with Hyatt to Increase Group Business to Hotels; Hyatt Promotes Complete Portfolio on Cvent Supplier Network / April 2009

Marriott Increases Group Business on Cvent Supplier Network; New Partnership to Promote Marriott Hotels with Meeting Planners / April 2009
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