Annual list highlights top performing group business hotels
(BUSINESS WIRE/AETOSWire)-- Cvent, Inc., a market leader in meetings, events, and hospitality technology, today announced the results of its Top 25 Meeting Hotels in the Middle East and Africa. The list was compiled by analysing group booking activity through its Cvent Supplier Network, which sourced more than $14.7 billion and more than 40 million room nights in 2017, helping to support more than 715,000 events worldwide.
“With industry research showing the current global value of the meetings and events industry at $750+ billion* and growing substantially, there is huge potential for hotels across the region to capitalise on group business opportunities,” said Bharet Malhotra, Senior Vice President of Sales for Cvent’s Hospitality Cloud.
“In the Middle East and Africa, Dubai continues to dominate in the group business category, but it is great to see seven different hotel chains represented in the top 10 on our list, demonstrating the highly competitive marketplace and the wide variety of high-performing hotels available in the region,” said Chris McAndrews, Vice President of Marketing for Cvent’s Hospitality Cloud.
Middle East and Africa List Highlights (new list in 2018):
• JW Marriott Marquis Hotel Dubai took the number one position on the list.
• Five other properties in Dubai round out the Top 10, highlighting the increasing interest in hosting meetings and events in the area:
o Conrad Dubai (ranked 2nd)
o InterContinental Dubai – Festival City (ranked 3rd)
o Grand Hyatt Dubai (ranked 4th)
o Fairmont Dubai (ranked 5th)
o The Ritz-Carlton, Dubai International Financial Centre (ranked 6th)
• Dubai hosts the largest selection of top hotels on the lists, followed by South Africa.
• Marriott and Radisson Hotel Group (in that order) are the top two hotel chains represented on the list, while Hilton, Hyatt and AccorHotels all come in third with five properties on the list.
View the full 2018 list of Top 25 Meeting Hotels in Middle East and Africa.
Due to increased demand and buyer preferences, Cvent also announced it has expanded its list categories to include sub-lists which segment venues further based on commonly searched attributes including property type, conference space size, and region-specific locales. These lists will be announced over the coming weeks.
Top 10 Hotel Properties in Middle East and Africa:
2018 Rank Hotel Name
1 JW Marriott Marquis Hotel Dubai
2 Conrad Dubai
3 InterContinental Dubai - Festival City
4 Grand Hyatt Dubai
5 Fairmont Dubai
6 The Ritz-Carlton, Dubai International Financial Centre
7 Radisson Blu Hotel Sandton, Johannesburg
8 The Westin Cape Town
9 Hyatt Regency Johannesburg
10 Madinat Jumeirah
Cvent evaluated hotel properties that generated business through the Cvent Supplier Network from January 2017 through December 2017. The properties were ranked according to various criteria, including total requests for proposals (RFPs), awarded RFPs, total room nights, awarded room nights, major metropolitan area (MMA) market share, conversion rate, and the hotel's unique profile visits in the Cvent Supplier Network. The criteria are designed to provide the most accurate reflection of the top meeting hotels in the U.S., Europe, Middle East and Africa, and Asia Pacific regions.
*Allied Market Research, Jan 2018
About the Cvent Supplier Network
Featuring more than 255,000 hotels, resorts and special event venues, the Cvent Supplier Network is one of the world's largest and most accurate databases of detailed venue information. Cvent sourced more than $14.7 billion in meetings and events through its marketplace and more than 40 million room nights in 2017. The CSN contains listings of hotels and other venues in more than 175 countries that can be searched and filtered based on approximately 200 meetings and events attributes. The Network is part of the Cvent Hospitality Cloud, which provides hotels, CVBs and other event venue owners, solutions to effectively generate qualified demand for meetings and events, manage that demand more efficiently, and measure group business performance.
For more information regarding the Cvent Supplier Network, visit www.cvent.com/venues
About Cvent
Cvent, Inc. is a leading cloud-based enterprise event management company with more than 25,000 customers, 300,000 users, and 3,000 employees worldwide. Cvent offers software solutions to event planners for online event registration, venue selection, event management, mobile apps for events, email marketing, and web surveys. Cvent provides hoteliers with an integrated platform, enabling properties to increase group business demand through targeted advertising and improve conversion through proprietary demand management and business intelligence solutions. Cvent solutions optimize the entire event management value chain and have enabled clients around the world to manage hundreds of thousands of meetings and events. For more information, please visit Cvent.com or connect with us on Facebook, Twitter or LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180515005339/en/
*Source: AETOSWire
Contacts
Cvent, Inc.
Erica Stoltenberg, 571-378-6240
estoltenberg@cvent.com
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