On Wednesday, we published a deep dive into Chinese outbound tourism. See highlights from the report and catch up on travel news headlines from the entire week.
The world's largest event technology company is going private again. Blackstone will soon own Cvent and is bullish on the recovery of events and travel. After an initial offer was rejected, the deal is worth approximately $4.6 billion.
The telco giant's BlueJeans video platform division is banking on the continued resurgence in conferences, conventions and hybrid work, but with a wide range of hardware and software launches, it could be sending mixed signals.
Cvent, a leading meetings, events, and hospitality technology provider, is reportedly looking into selling with private-equity firm Blackstone interested.
Cvent's first quarter losses nearly doubled to $31.4 million in the first quarter. CEO Reggie Aggarwal didn't flinch, expressing confidence that tailwinds spurred by increasing in-person attendance will offset inflation and other market worries for the rest of 2022.
Event planners can learn a lot about organizing in-person, virtual, and hybrid meetings by studying how Cvent Connect, the annual event technology convention, uses various tools to plan, market, run and analyze its show.
Cvent’s earnings call on Thursday confirmed that they’ve had a good year, and they forecast strong growth ahead. As the company moves to invest in expanding its SaaS offerings, will betting on hybrid events pay off?
So far this year, a dozen travel companies went public or made plans to do so. A couple of them may shine. But the odds are stacked against this year's IPOs, on average, over the long term. Find out why.
After a yearlong pause for the travel industry, it’s now starting to feel like the cloud of uncertainty is being lifted. Planners are increasingly optimistic about the state of meetings and events and are growing more confident by the day about the future of the industry.