Santa Barbara, CA (PRWEB) January 14, 2014
Elite Meetings International (EMI) announced its cloud-based eRFP technology product, SpeedRFP, surpassed projections for the second straight year in both volume of unique event submissions and in buyer membership growth. As hotels and resorts around the world increasingly adopted SpeedRFP as their websites’ meetings, weddings, and special events eRFP systems, the number of unique RFPs catapulted from 29,196 in 2012 to 49,466 in 2013. These numbers reflect more 350 percent growth since 2011. SpeedRFP’s buyer membership, now over 90,000, is responsible for more than $5 billion in annual spend.
Kelly Foy, chief executive officer of EMI, said, “Growth in 2013 surpassed even our own lofty expectations, and we don’t see any signs of a slowdown. Our objective of creating an industry standard for eRFP forms is becoming a reality.”
Along with growth from SpeedRFP technology adoption, the SpeedRFP Network, which launched during IMEX America last October, contributed to the numbers. The SpeedRFP Network profiles more than 10,000 hotels and resorts worldwide and allows planners to easily submit their SpeedRFPs from a single portal.
Although the SpeedRFP Network currently features 10,000 hotels, it won't remain there for long, according to Foy. "These initial hotels represent the first in a multiphase effort focused on properties around the world that generate the majority of the world's group business. The heavy hitters, if you will. Our research shows that roughly 30,000 hotels currently fit this profile, and it is our goal to include all of them in 2014," Foy said.
SpeedRFP buyer members are different from users of other networks in that the vast majority of users are administrative assistants, executive assistants, or office managers. They are all influencers or decision makers for their entities. They plan meetings, but their titles don’t neces
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