Cvent

Cvent Announces Partnership with Starwood Hotels!

Monday, June 29, 2009 by Cvent Staff
Cvent has announced a strategic partnership with Starwood Hotels! With its preferred placement on the Cvent Supplier Network, Starwood will increase exposure to the thousands of qualified meeting planners using the Supplier Network's electronic RFP tool and will generate quality lead flow for its Sheraton and Westin brands.

"The group business lead quality from the Cvent Supplier Network speaks for itself," said Brian Povinelli, vice president, brand management, for Sheraton and Westin. "Over the past 120 days, Cvent Supplier Network meeting planners have booked over 10,000 sleeping rooms at Starwood properties. That was a key driver in our decision to enhance our partnership with the Cvent Supplier Network."

Unlike other group business channels, the Cvent Supplier Network electronic RFPs are well qualified and targeted. On average, a Cvent RFP is sent to only nine properties, giving Starwood properties a chance to earn consistent and unique group business with Cvent’s audience of meeting planners.
 
"Hotels are more selective about how they deploy marketing dollars in today’s economy. An online channel like the Cvent Supplier Network offers hotels cost-effective marketing options and a true return on investment. The average contract value for Cvent Supplier Network electronic RFPs is $68,000, and hotels can establish direct contact with qualified meeting planners who are using the Cvent Supplier Network when they are ready to buy," said Bharet Malhotra, Cvent vice president of sales. "We are pleased to partner with Starwood and to provide our meeting planners with direct access to Starwood properties during the sourcing process."

Starwood is also using the Supplier Network to promote its "Value Added Meeting Promotion," one of the best deals in the industry. This Cvent Supplier Network promotion includes a 4% discount off the master bill and complimentary food and beverage breaks. The meeting planner will also be entered in a drawing for a chance to win a charitable concert for their community starring Grammy-nominated singer Natasha Bedingfield. All Cvent Supplier Network planners who book meetings before March 31, 2010, will be eligible for this promotion.

Learn more about the Cvent-Starwood partnership.

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