cvent
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...
Sustainability Momentum Builds for Corporate Travel and Meeting Management According to New Research From GBTA and Cvent
Global Business Travel Association | May 19, 2022
Alexandria, VA – Sustainability is at the forefront of global business, but have company commitments to sustainability made their way to corporate travel and meetings management programs? What will it take for companies to make business travel and meetings more sustainable? A new report from Global Business Travel Association and Cvent – “The Journey to More Sustainable Corporate Travel and Meetings Management Programs” – surveys corporate travel managers and meeting planners across the U.S., Canada and several European countries about their current sustainability programs and activities. The report reveals where corporate trave...
Amadeus and Cvent Expand Partnership to Increase Bookings for Small Meetings & Events
Amadeus | August 24, 2021
Two global leaders partner to empower planners to directly book hotel meeting space through Cvent’s Instant Book solution Tysons, VA and Portsmouth, NH – August 24, 2021 – Historically, booking a small meeting or event can be time consuming and inefficient, often requiring a lengthy request for proposal (RFP) and negotiation process. In today’s digital-first environment, planners expect to search, source, and book small meetings and events online, and hoteliers want to automate their processes and grow this important segment of their group business revenue. This is why Amadeus and Cvent are expanding their partnership to further s...
How the Pandemic Will Change the Meetings and Events Industry for the Better
the Global Business Travel Association | November 10, 2020
Exciting new technologies and creative content will be key for a stronger industry Alexandria, Virginia (November 10, 2020) For this week’s Collaboratory 2020 webinar series, the Global Business Travel Association (GBTA) – the world’s largest business travel association – welcomed CEO and Founder of Cvent, Reggie Aggarwal, to share his insights on the future of meetings and events and how technology will play an even bigger role moving forward. In the week’s headliner webinar, “Virtual, In-Person, Hybrid: What’s Next for the Meetings Industry?,” GBTA Interim Executive Director Dave Hilfman engaged Aggarwal on diverse to...
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