SlideShare a Scribd company logo
Group Business
Intelligence
Agenda
Cvent’s Data
Sciences
Group
Business Trends
Current Reports
Future
Dashboards
Cvent’s Data
Sciences
Hotel Group Business – Cvent Data Sciences
Demand Generation Demand Generation Demand Generation
Supplier
Network
SpeedRFP/
White Label
Packaged
Analysis
Lead Scoring Dashboards
Comp
Sets Suite
Hotel
Performance
Metrics
Hotel
Response
Behavior
Planner
Sourcing
Patterns
RFP
Segmentation
Market
Intelligence
Competitive
Landscape
Market
Share
Pace vs.
Demand
Award
Propensity
Trends
Rate
Comparison
Fair
Share
8 MillionRFPs Sourced to date
123 MillionRoom Nights Sourced to date
$40+ BillionEconomic Value Sourced til Date
Our Analytics Prowess
10,000+
Daily Active Planners
Our Analytics Prowess
100,000+
Daily Page Views Consumed
35,000+
Daily Search Interactions
40,000+
Daily Hotel Profile Views
Group Business
Trends by Cvent
Group Business
Trends by Cvent
• 4 main categories: ADR, RFPs,
Sales Behaviors, Planners
• 6 filters
• Millionsof combinations
Demo
Current Reports
Are You Measuring Effectiveness?
A planner
cancels a week-
long event in July
The declined rate
for one property
has increased this
year and you want
to know why
You’d like to
capitalize on your top
sourcing planners
Check to see if your
properties are
responding in the 48
hour time-frame
Turned Down
RFPs Report
RFPs Won &
Lost Report
Proposal
Status Report
Supplier
Response Time
$120MEconomic Value of
RFPs Missed
336KRoom Nights
Missed
$65M
Economic Value Missed for
366+ Days
1,200
# of New Companies Using
Cvent Monthly
238KRoom Nights Missed
from Gold Planners
31K
Missed R/N from Cvent
New Planners
Missed Opportunities:
Trailing 12 mo.
Group Competition Analytics
Group
Business
Ranking
Report
Market
Share Mix
Report
Rates
Compariso
n Report
Proposal
Deep Dive
Consulting
A holistic view into
your true
competition and
the tactics needed
to beat them
Group
Business
Ranking
Report
Provides insights into:
• Your relative ranking
compared to your
comp set
• How future
demand will
change your group
business ranking
Market
Share Mix
Report
Provides insights into:
• Where you’re losing
business in the
group mix
• Who’s stealing
market share
from you
Rates
Comparison
Report
Provides insights into:
• How you compare to
your competition in
every aspect of the
sourcing mix
• How to increase the
performance of
sales team using
your comp set’s
best practices
Proposal
Deep Dive
Consulting
Provides insights into:
• Your relative ranking
compared to your
comp set
• How future
demand will
change your group
business ranking
Future
Dashboards
Event
Size, Type
Group Business Intelligence Modules
Venue
Amenity Comparison
Hospitality Cloud
Usage
RFP
Funnel, Rate,
Response Time
Planner
Location, Type
Account
Cvent Group Business Intelligence Key Features
Comparison
(e.g. My RFP’s vs. MMA)
Historical Timeframes
(e.g. RFP’s over last 12 months)
Segmentation
(e.g. RFP’s by RFP Type)
Forecasting
(e.g. forecasted “receivedRFPs)
Trending
(e.g. RFP’s by month over a year)
Enterprise View
(e.g. regional venue views)
Individual views
for categories of
the RFP funnel:
• Missed
• Received
• Responded
• Awarded
First Release:
The RFP
Module
Summary
Page
Summary Funnel:
• How all of the RFPs sent
to a venue and its comp
set flows through to
awarded status
Highlights of each
major category:
• This includes totals,
trends, key statistics,
comp set comparisons,
and key segmentations
RFP
Detail Page
Includes:
• A deeper dive into each
category of the RFP
funnel (Missed, Received,
Responded and Awarded)
• Comp set comparisons for
every metric related to
each category
• Segmentation options for
each metric
• Trending options for
each metric
• Forecasting for some
key metrics
Response
Detail Page
Includes:
• Responded RFPs
• Turn Down RFPs
• Bid RFPs
• Planner No Response
RFPs
• ADR
• Average Response Time
Enterprise
BI RFP
Module
Venues unified into
various groups based
on geography
• Focus on segmentation &
trends of metrics
• View commissionable
vs. non-commissionable
RFP data
• High level ranking will be
available to see how
many markets, venues
lead or lag across
various metrics
Key
Takeaways
Benchmark your
venue’s group
business practice &
against industry trends
Aggregate and
analyze group data
to make smart
business decisions
Upcoming dashboards
will provide you with
real-time access to
your Cvent data
Thank You

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Group Business Intelligence

  • 4.
  • 5. Hotel Group Business – Cvent Data Sciences Demand Generation Demand Generation Demand Generation Supplier Network SpeedRFP/ White Label Packaged Analysis Lead Scoring Dashboards Comp Sets Suite Hotel Performance Metrics Hotel Response Behavior Planner Sourcing Patterns RFP Segmentation Market Intelligence Competitive Landscape Market Share Pace vs. Demand Award Propensity Trends Rate Comparison Fair Share
  • 6.
  • 7.
  • 8. 8 MillionRFPs Sourced to date 123 MillionRoom Nights Sourced to date $40+ BillionEconomic Value Sourced til Date Our Analytics Prowess
  • 9. 10,000+ Daily Active Planners Our Analytics Prowess 100,000+ Daily Page Views Consumed 35,000+ Daily Search Interactions 40,000+ Daily Hotel Profile Views
  • 11. Group Business Trends by Cvent • 4 main categories: ADR, RFPs, Sales Behaviors, Planners • 6 filters • Millionsof combinations
  • 12. Demo
  • 14. Are You Measuring Effectiveness? A planner cancels a week- long event in July The declined rate for one property has increased this year and you want to know why You’d like to capitalize on your top sourcing planners Check to see if your properties are responding in the 48 hour time-frame Turned Down RFPs Report RFPs Won & Lost Report Proposal Status Report Supplier Response Time
  • 15. $120MEconomic Value of RFPs Missed 336KRoom Nights Missed $65M Economic Value Missed for 366+ Days 1,200 # of New Companies Using Cvent Monthly 238KRoom Nights Missed from Gold Planners 31K Missed R/N from Cvent New Planners Missed Opportunities: Trailing 12 mo.
  • 16. Group Competition Analytics Group Business Ranking Report Market Share Mix Report Rates Compariso n Report Proposal Deep Dive Consulting A holistic view into your true competition and the tactics needed to beat them
  • 17. Group Business Ranking Report Provides insights into: • Your relative ranking compared to your comp set • How future demand will change your group business ranking
  • 18. Market Share Mix Report Provides insights into: • Where you’re losing business in the group mix • Who’s stealing market share from you
  • 19. Rates Comparison Report Provides insights into: • How you compare to your competition in every aspect of the sourcing mix • How to increase the performance of sales team using your comp set’s best practices
  • 20. Proposal Deep Dive Consulting Provides insights into: • Your relative ranking compared to your comp set • How future demand will change your group business ranking
  • 22. Event Size, Type Group Business Intelligence Modules Venue Amenity Comparison Hospitality Cloud Usage RFP Funnel, Rate, Response Time Planner Location, Type Account Cvent Group Business Intelligence Key Features Comparison (e.g. My RFP’s vs. MMA) Historical Timeframes (e.g. RFP’s over last 12 months) Segmentation (e.g. RFP’s by RFP Type) Forecasting (e.g. forecasted “receivedRFPs) Trending (e.g. RFP’s by month over a year) Enterprise View (e.g. regional venue views)
  • 23. Individual views for categories of the RFP funnel: • Missed • Received • Responded • Awarded First Release: The RFP Module
  • 24. Summary Page Summary Funnel: • How all of the RFPs sent to a venue and its comp set flows through to awarded status Highlights of each major category: • This includes totals, trends, key statistics, comp set comparisons, and key segmentations
  • 25. RFP Detail Page Includes: • A deeper dive into each category of the RFP funnel (Missed, Received, Responded and Awarded) • Comp set comparisons for every metric related to each category • Segmentation options for each metric • Trending options for each metric • Forecasting for some key metrics
  • 26. Response Detail Page Includes: • Responded RFPs • Turn Down RFPs • Bid RFPs • Planner No Response RFPs • ADR • Average Response Time
  • 27. Enterprise BI RFP Module Venues unified into various groups based on geography • Focus on segmentation & trends of metrics • View commissionable vs. non-commissionable RFP data • High level ranking will be available to see how many markets, venues lead or lag across various metrics
  • 28. Key Takeaways Benchmark your venue’s group business practice & against industry trends Aggregate and analyze group data to make smart business decisions Upcoming dashboards will provide you with real-time access to your Cvent data