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Planner
Perspective
Agenda
Planners’ Perspective
on Group Business
Sourcing Platforms
SpeedRFP
Technology
Planners’ Perspective
on Group Business
63%
don’t have a preferred venue
in mind when starting their
venue sourcing process
57%Are uncertain of their budget
Zero Moment of Truth
Stimulu
s
Search
Read
Reviews
Watch Videos
Ask Your
Network
Shelf
(ZMOT)
RFPs Received v. Venue Listing
Venue Listing
RFPsReceived
Your
Profile is a
Virtual
Site Visit
Don’t Get
Filtered Out
of Searches
Ensure key stats
are accurate:
• Star Rating
• Distance
from airport
• Meeting Space
• Sleeping Rooms
The Value
of Profile
Completeness
45% of venues on
Cvent have profile
completeness scores
of 90% or greater
These venues receive
78% of the total RFP
volume and 82% of all
RFPs awarded
41%
Planners are 18-34
years old
GEN Y
is on the rise
Online Sourcing Tool 38%
Search Engine 29%
Direct to Venue 17%
Peer Recommendation 12%
Other 4%
38% of planners begin their venue
sourcing with an online sourcing tool
17% start their venue sourcing
directly with a venue
Two Digital Group Gateways
Sourcing
Platforms
brand.com
Sourcing
Platforms
Cvent Hospitality Cloud
Multiple RFP Generating Solutions Connected to a Single System
Corporate/Enterprise/
Third-Party Audience
Luxury Audience
Occasional Meetings Audience
Cvent Supplier
Network Redesign
Cvent
Supplier
Network
Search
Redesign
Complete redesign of
search and venue profiles
Mobile optimized to
work on mobile devices
and desktop
New search opportunities
including maps and
curated lists
CSN Search Redesign
Finding
venues
and
sending
RFPs will
be easier
than ever
CSN Search Redesign
Finding
venues
and
sending
RFPs will
be easier
than ever
CSN Search Redesign
Finding
venues
and
sending
RFPs will
be easier
than ever
CSN Search Redesign
Finding
venues
and
sending
RFPs will
be easier
than ever
Responsive & Mobile Friendly
SpeedRFP
Technology
Pain Points
for Hoteliers with
In-house eRFP Solution
RFP Form is
difficult to find
High
abandonment rate
Not cleaning enough
information from basic
RFP forms
Pain Points
for Hoteliers with
In-house eRFP Solution
RFP Form is
difficult to find
High
abandonment rate
Not cleaning enough
information from basic
RFP forms
Pain Points
for Hoteliers with No
eRFP Solution
No way of capturing
meeting opportunities
coming to your
website
Driving planners to the
competition
A cloud-based RFP system that allows
meeting planners to submit RFPs on
your hotel’s website
Smart Form
Technology
3 Forms in 1: meeting,
wedding, social
Intuitive
account creation
Minimum
required fields
Easy to copy & clone
Automatic updates
Why
SpeedRFP?
Simple solution,
optimized for conversion
Tracking and reporting
improves sales
efficiency
No development
required – go live
in minutes
89%
Of planners are direct,
not third-party
SpeedRFP Button Out of the Box
SpeedRFP Button Customized
Hotel del Coronado saw a
63% Growth
in Group Room Nights
26,872
With
SpeedRFP
*Data compiled over same 4 month span YOY
Total Room Nights
MGM Resorts International saw a
142% Growth
in Group Room Nights
271,571
With
SpeedRFP
*Data compiled over same 4 month span YOY
Total Room Nights
Future Enhancements
Responsive
Design
Localization
(Language &
Currency)
Customizable
Style & Fields
Key
Takeaways
eRFP technology
continues its
massive growth
Cvent continues to
innovate on its
sourcing platforms
to attract more
planners
Ensure your website
is fully optimized to
convert planners
Thank You

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