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08/27/13
SpeedRFP, the Online Direct Buying Network for Meeting Planners, Leapfrogs its Growth
SpeedRFP Surpassed 65,000 Buyer Members, and Helped Facilitate more than $100,000,000 in Bookings in the Past Year
Santa Barbara, CA, August 27, 2013SpeedRFP, the leading cloud-based, request-for-proposal (RFP) system, grew its network of meeting planners and other buyers by more than 38,000 in the past 12 months. In doing so, it surpassed the 65,000-member mark and was involved in bookings exceeding $100,000,000 in meeting revenues in the same period.

Based on these numbers and input from the planner community, it's clear that while there are many options when "shopping" for meetings, SpeedRFP has become the eRFP solution of choice for facilitating actual bookings for meeting planners who choose to book direct.

Kelly Foy, CEO of Elite Meetings International, Inc., which developed SpeedRFP, said, "We're proud to announce that SpeedRFP—which lives directly on a hotel's website and connects planners and hotels via the cloud—has grown its network, and its bookings impact, exponentially in the past 12 months."

He concluded, "When it comes to connecting hotels and planners to produce direct purchases, SpeedRFP is really the only game in town, as the numbers we're releasing today make clear."

During the past 12 months, the number of group buyers who self-identify as SpeedRFP members, has grown dramatically:

srfp-pr-27Aug13

Additionally, SpeedRFP:

  • Is growing its network of buyers by more than 100 per day on average, making it the fastest growing network in the industry

  • Has more than 86% direct buyers in its network

  • Surpassed 3 million room nights in unique eRFP opportunities in the past year

  • Enabled the transmission of more than 42,000 RFPs in the same period

  • Is the most flexible, adaptable eRFP system available—offering the capability to book meetings, events, and even weddings


SpeedRFP has also become widely adopted among hotels, as dozens of international brands and some of the world's most recognized independent hotels now use SpeedRFP technology to power their website's electronic RFP process—including the recently announced adoption by MGM Resorts International."

Eric Dobrowski, Director of Sales and Marketing at Gateway Canyons, said, "Before SpeedRFP, online RFPs either provided too little information, or too cumbersome a form, often resulting in no submissions at all."

He concluded, "SpeedRFP gives us the reporting capabilities and proposal platform to succeed – which means more group business. We are excited to have partnered in 2013 and have already secured partnership again for 2014."

SpeedRFP will be sharing additional booking data and growth numbers, along with further detail on planner and hotel adoption, in the weeks ahead.

For more on SpeedRFP, please visit - http://www2.elitemeetings.com/l/9622/2013-08-08/fmlv9.

About SpeedRFP

SpeedRFP is the fastest, most efficient cloud-based electronic RFP management system for facilitating group business. The system, which is free for planners, recently surpassed the 65,000-user mark and grows, on average, by 106 users each day. Hotels, conference centers, and destination websites easily plug SpeedRFP into their websites to unify, simplify and expedite proposals for group business. For more information, please visit www.SpeedRFP.com, or call 805.879.4479.

About Elite Meetings International

Based in Santa Barbara, Elite Meetings International (EMI) provides integrated solutions to enhance the performance of meeting and hospitality professionals. EMI supports this community through a combination of innovative technology, direct sales support, customized marketing programs, and face-to-face business-building events. Additionally, www.EliteMeetings.com serves as a comprehensive and commission-free tool for sourcing luxury, upper-upscale, and upscale properties. EMI's software products include SpeedRFP™ Universal RFP System for creating, submitting, and managing RFPs online (www.SpeedRFP.com), and FaceTime™ Appointment Scheduler which helps conference attendees identify synergies, manage appointments, and make direct connections with one another (www.FaceTimeScheduler.com). For additional information, please visit www.EliteMeetings.com or call 805-730-1000.

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