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Cvent Going Public with $5.3 Billion Valuation, Big Bet on Omnichannel Future

Smart Meetings

A press release estimated the market for in-person, virtual and hybrid events at $30 billion and stated: “With more than 20 years of meeting, event, and hospitality technology leadership and an established customer base, Cvent has momentum to win substantial market share.” and Zoom Video Communications, Inc.

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Cvent Going Public with $5.3 Billion Valuation, Big Bet on Omnichannel Future

Smart Meetings

A press release estimated the market for in-person, virtual and hybrid events at $30 billion and stated: “With more than 20 years of meeting, event, and hospitality technology leadership and an established customer base, Cvent has momentum to win substantial market share.” and Zoom Video Communications, Inc.

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Event Tech: Survive and Thrive Guide

Smart Meetings

To kick things off, JT Long, moderator and editorial director for Smart Meetings , asked the guests to share event tech horror stories. Krueger began by recounting a virtual event hiccup that occurred despite doing all the necessary preparations. Secondly, this is going to be a hospitality family affair. Brandt Krueger.

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Cvent Will Go Private Again After $4.6B Sale to Blackstone

Smart Meetings

Event technology company Cvent announced that after going public for a second time in 2021 through a special acquisition at a valuation of $5.3 Since its founding in 1999, Cvent has helped manage more than 5 million events, and lists over 302,000 hotels and venues as of Dec. The highly anticipated deal represents an $8.50

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Brace Yourselves: Inflation & Recession Are Coming To The Events Industry

Endless Events

Event technology companies are an exception. Nick has noticed that many event profs do not want to do virtual events. “They don’t want to invest too much in the virtual event because, in their minds, they’re incentivizing people not to come to the in-person event.

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The Survey Says: Meetings and Events are Thriving and Evolving

Smart Meetings

Accor Survey: “Meeting Expectations: The Future of Meetings & Events” World-leading hospitality group Accor operates a diverse hospitality group of over 40 hotel brands, from luxury to economy. 33% of respondents report seeing 40% more revenue generated from in-person meetings and events versus virtual events.

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7 of the Top Event Planning Conferences in 2021

Social Tables

NEW Client Services Get all the support you want for your events because we know hospitality matters. Free Planning Tools Diagram events, wow attendees, and win clients with free planning tools. Many event planning conferences were canceled or postponed, and most of those that weren’t took place virtually.