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Cvent Holding Corp   (CVT)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 

Cvent Holding's Customers Performance

CVT

 
CVT's Source of Revenues Cvent Holding's Corporate Customers have recorded a rise in their cost of revenue by 24.19 % in the 1 quarter 2023 year on year, sequentially costs of revenue were trimmed by -31.08 %. During the corresponding time, Cvent Holding Corp recorded revenue increase by 21 % year on year, sequentially revenue fell by -2.76 %. While revenue at the Cvent Holding Corp 's corporate clients recorded rose by 23.6 % year on year, sequentially revenue fell by -9.12 %.

List of CVT Customers




Cvent Holding's Customers have recorded a rise in their cost of revenue by 24.19 % in the 1 quarter 2023 year on year, sequentially costs of revenue were trimmed by -31.08 %, for the same period Cvent Holding Corp recorded revenue increase by 21 % year on year, sequentially revnue fell by -2.76 %.

List of CVT Customers


   
Customers Net Income grew in Q1 by Customers Net margin grew to
39.8 % 11.79 %



Cvent Holding's Customers, Q1 2023 Revenue Growth By Industry
Customers in Property & Casualty Insurance Industry      11.2 %
Customers in Hotels & Tourism Industry      27.97 %
Customers in Movies and Entertainment Industry      15.15 %
     
• Customers Valuation • Customers Mgmt. Effect.


Cvent Holding's Comment on Sales, Marketing and Customers



We operate in an intensely competitive market that is characterized by constant change and innovation. Our biggest competitor is existing manual, paper and spreadsheet-based systems or point solutions for just a specific part of the event management and marketing process that organizations utilize by themselves in a fragmented manner. We believe the digitization of the industry and the need for driving and capturing engagement to understand attendee interests provides the greatest opportunity to grow our business.
In addition to the paid relationships with hotels, venues and destinations, we have direct integrations with the back-end sales and catering and IT systems of over 40,000 individual hotel properties, including many major hotel chains and brands.





Cvent Holding's Comment on Sales, Marketing and Customers


We operate in an intensely competitive market that is characterized by constant change and innovation. Our biggest competitor is existing manual, paper and spreadsheet-based systems or point solutions for just a specific part of the event management and marketing process that organizations utilize by themselves in a fragmented manner. We believe the digitization of the industry and the need for driving and capturing engagement to understand attendee interests provides the greatest opportunity to grow our business.
In addition to the paid relationships with hotels, venues and destinations, we have direct integrations with the back-end sales and catering and IT systems of over 40,000 individual hotel properties, including many major hotel chains and brands.








CVT's vs. Customers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Cvent Holding Corp 4,166.14 659.41 -101.52 4,000
Monarch Casino and Resort inc 1,452.66 212.15 82.45 2,300
Vail Resorts Inc 8,483.75 2,844.72 255.30 42,000
Marcus Corp 535.62 731.00 9.78 7,500
Loews Corp 17,848.63 15,901.00 1,545.00 10,340
Melco Resorts and Entertainment Limited 9,320.55 3,775.25 -415.33 23,078
Greentree Hospitality Group Ltd 0.00 135.82 -60.18 2,394
Intercontinental Hotels Group Plc 19,416.26 3,833.00 376.00 350,000
Sunstone Hotel Investors inc 2,591.40 986.48 206.71 42
H World Group Limited 120,247.75 2,010.00 -260.00 15,699
Choice Hotels International Inc 6,442.28 1,544.17 258.51 1,833
Xenia Hotels and Resorts Inc 1,686.75 1,025.44 19.87 34
Hilton Worldwide Holdings Inc 56,138.25 10,235.00 1,151.00 142,000
Marriott International Inc 76,411.76 23,713.00 3,083.00 120,000
Wyndham Hotels and Resorts inc 6,504.62 1,397.00 289.00 800
Portsmouth Square Inc 2.94 33.86 -2.12 3
Park Hotels and Resorts Inc 3,855.75 2,698.00 106.00 80
Hyatt Hotels Corporation 17,129.95 6,667.00 220.00 164,000
SUBTOTAL 348,068.92 77,742.89 6,865.00 882,103


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