Credit Suisse initiated coverage of Cvent with a rating of Outperform and set a new price target of $8.00

Morgan Stanley initiated coverage of Cvent with a rating of Equal-Weight and set a new price target of $5.50

Colliers Securities initiated coverage of Cvent with a rating of Buy and set a new price target of $11.00

JP Morgan initiated coverage of Cvent with a rating of Neutral and set a new price target of $8.00

Citigroup initiated coverage of Cvent with a rating of Neutral and set a new price target of $9.00

William Blair initiated coverage of Cvent Holding with a rating of Outperform

Needham initiated coverage of Cvent Holding with a rating of Buy and set a new price target of $11.00

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Cvent, an industry-leading meetings, events, and hospitality technology provider, is proud to collaborate with the NYU School of Professional Studies (NYU SPS) Jonathan M. Tisch Center of Hospitality. As part of the Tisch Center's Hospitality Innovation Hub Experiential Learning Lab (HI Hub Lab), the engagement aims to provide students with real-world experience in the events industry, through access to Cvent's innovative technology and industry recognized Cvent Certification and training opportunities. In addition, Cvent CEO & Founder, Reggie Aggarwal, will join the 45th Annual NYU International Hospitality Industry Investment Conference today, June 5th, as an expert panelist alongside s

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 press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230601005312/en/ This is according to a new report –

Innovative new offering leverages cutting-edge generative AI technology to help event professionals quickly create high-quality content Cvent, an industry-leading meetings, events, and hospitality technology provider, has announced the launch of its AI Writing Assistant. This innovative tool, incorporated directly within the Cvent platform, leverages the power of generative AI to streamline the content creation process, helping event professionals and marketers produce on-brand, engaging event content in a fraction of the time. The AI Writing Assistant expands Cvent's growing suite of AI-powered products, which includes session and attendee recommendations. Cvent's AI Writing Assistant

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 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-sourcing platforms. This is the first time Cvent has published the annual lists since the COVID-19

Cvent, an industry leading meetings, events, and hospitality technology provider, is helping to advance accessibility for the event industry by completing Voluntary Product Accessibility Templates (VPAT®) for several of its event management solutions. VPATs contain details about the accessibility features of a product or technology and are considered the industry standard for customers and stakeholders looking to prioritize solutions that meet the highest levels of accessibility compliance. "Events, at their core, are all about bringing people together, but this is only possible when the experience (and supporting technology) are accessible to all," said David Quattrone, Cvent Co-Founde

Revenue Increases 21.0% Year-over-Year Cvent Holding Corp. ("Cvent") (NASDAQ:CVT), an industry-leading meetings, events and hospitality technology provider, today announced financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial Highlights Revenue Total revenue was $166.2 million for the first quarter of 2023, an increase of 21.0% from the comparable period in 2022. Event Cloud revenue was $114.7 million for the first quarter of 2023, an increase of 20.7% from the comparable period in 2022. Hospitality Cloud revenue was $51.5 million for the first quarter of 2023, an increase of 21.6% from the comparable period in 2022. Net Loss and Adjus

This year's virtual event, featuring keynote speakers, hospitality executive Bart Berkey and seven-time Paralympic medalist Dan Cnossen, helps corporate travel buyers, procurement leaders, and travel executives make the most of their travel programs Cvent, a market-leading meetings, events, travel, and hospitality technology provider, will host its third annual Cvent Travel Summit on Wednesday, April 19th. The complimentary virtual event, hosted on the Cvent Attendee Hub, is curated for travel executives, global corporate travel buyers, travel management companies (TMC), and hoteliers looking to maximize the impact of their travel programs. This year's content is sponsored by the Travel a

Revenue Exceeds High End of Guidance Full Year Revenue Grows 21.5% Cvent Holding Corp. ("Cvent") (NASDAQ:CVT), an industry-leading meetings, events and hospitality technology provider, today announced financial results for the fourth quarter and full fiscal year ended December 31, 2022. Fourth Quarter 2022 Financial Highlights Revenue Total revenue was $170.9 million for the fourth quarter of 2022, an increase of 18.2% from the comparable period in 2021, and $0.6 million higher than the high end of our guidance. Event Cloud revenue was $120.6 million for the fourth quarter of 2022, an increase of 17.2% from the comparable period in 2021. Hospitality Cloud revenue was $50.3 million

Purchase Price of $8.50 Per Share Represents a 52% Premium Over 90-day VWAP of Unaffected Share Price 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 weighted average share price over the 90 days prior to January 30, 2023 – the day before media report

Recognition highlights Cvent's best-in-class technology to support the event marketing and management needs of organizations of all types and sizes, as well as the Company's continued dedication to customer satisfaction. Cvent, a market-leading meetings, events, and hospitality technology provider, today announced it has been named to six G2 2023 Best Software Awards lists, including: Top 100 Software Products, 50 Best Marketing & Digital Advertising Products, Top 100 Highest Satisfaction Products, Top 50 Products for Enterprise, Top 50 Products for Mid-Market, and Top 50 Products for Small Business. This is the fourth time Cvent received a G2 Best Software Award. As the world's largest an

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