Ventes en hausse de 50% pour LaFourchette.com. OpenTable and Restaurant Marketing at Back of the Envelope. (This blog post was featured in Silicon Alley Insider’s 10 Things Investors Need To Know Before OpenTable’s IPO ) Online restaurant reservations company OpenTable filed for an IPO on Friday, revealing their finances for the world to see. The SEC filing contains all the financial figures you would expect: revenue, expenses breakdown, details of the public offering, and also operational data. Brett Emerson wrote a fantastic blog post a few months ago ( Behind the Curtain: Open Table ) which gives a thorough evaluation of OpenTable from a restaurateur’s point of view.
Emerson is in the process of opening Contigo , a new restaurant in San Francisco and he lays out the pros and cons of OpenTable and shares his cost and volume expectations from the service. Viewed from a restaurant’s pespective, the operational data in OpenTable’s finances gives an amazing amount of insight into the OpenTable system, especially when some analysis and number crunching is applied. Www.katzvaluation.com/documents/Full-Service-Restaurant.pdf.
According to CHD Expert Independent Full Service Restaurants in the USA Outnumber Major Chains Eight to One. Chicago, IL (PRWEB) April 19, 2012 CHD Expert is America’s leader in collecting, managing and analyzing data in the away from home foodservice market, and they expect independently owned full service restaurants to continue to hold strong during tough economic times.
If you think that Chili’s, IHOP and Applebee’s are taking over the full service restaurant (FSR) industry, think again. Independent FSR locations across the United States outnumber the major chains by eight to one (Source:1). This is a bit surprising, as our streets and highways are seemingly lined with major chain restaurants. Lafourchette lève des fonds pour nourrir ses ambitions. Www.macroeconomicwoes.com/wp-content/uploads/Open-Table.pdf. Urbanspoon’s restaurant booking service growing fast, reservations up 325% this year. 1 November '11, 12:50pm Follow One of the earliest iPhone apps to make a name for itself in restaurant recommendations with its trademark fruit machine slots-type interface, Urbanspoon also offers a service called Rezbook, which allows restaurant owners to manage bookings from Urbanspoon users via an iPad app.
Today, the Seattle-based startup has announced that 1000 restaurants have signed up to the service, while online reservations processed by Urbanspoon have increased by 325% since January this year. Rezbook pitches itself against OpenTable, the online booking service with over 12,000 restaurants around the world on its books.
Although it’s around only a twelfth of the size of OpenTable, UrbanSpoon’s service launched in May 2010, while its larger rival debuted twelve years earlier in 1998. Restaurant Reservation Service LaFourchette Sticks Its Fork Into $10.5M. The European online restaurant reservation service LaFourchette announced that it has raised €8 million ($10.5 million) from Serena Capital and Partech at a valuation of more than €50 million ($65.8 million).
This funding will be used to consolidate its leading position in Europe. Intro. Inc. Announces Fourth Quarter and Full Year 2011 Financial Results (NASDAQ:OPEN) , /PRNewswire/ -- (NASDAQ: OPEN), a leading provider of free, real-time online restaurant reservations for diners and reservation and guest management solutions for restaurants, today reported its financial results for the fourth quarter and fiscal year ended .
Thesis.haverford.edu/dspace/bitstream/handle/10066/6949/2011LeedsJ_thesis.pdf?sequence=2. Mobile Upgrades for Restaurants Through OpenTable. To boost online restaurant reservations and keep pace with mobile technology, OpenTable, the largest online reservation system, is offering to upgrade restaurant Web sites that are part of its paying membership.
The upgrade will make it easier for customers to book tables using their phones. Matt Roberts, chief executive of OpenTable, said that most reservations are still booked by phoning a restaurant; 12 percent are booked on line. But of those, he said, “there has been a tremendous shift toward mobile bookings – 28 percent from mobile phones, smartphones and tablets – when we were at 100 percent on desktops only four years ago.”
A Steady Decline in the Number of Restaurants. Restaurant Numbers Shrinking In US. The shuttering of more independent restaurants in the last quarter of 2011 has resulted in an overall drop in the number of restaurants in the U.S., according to industry researcher NPD Group.
Meanwhile, the number of chain restaurants has grown, although there were slight declines in particular restaurant sectors. NPD Group defines independent restaurant owners as those owning one or two units; anything more than that is classified as a small, minor, midsize or large chain. Although disheartening for independent restaurant owners, experts say the number of closures is easing compared to losses sustained earlier on in the recession. For more on this continue reading the following article from Blue MauMau. OpenTable Investors Queasy After Google-Zagat Deal - Tricia Duryee - Commerce. OpenTable’s shares tumbled more than 10 percent during the day, following the announcement that Google was buying local review site Zagat.
By the end of the day’s trading, the restaurant booking site had regained some ground, closing down only eight percent, or $5.23 to $57.50 a share. But at least one analyst called the market’s bluff, concluding that the purchase did not mean Google was interested in competing with OpenTable. Resources to Start a Restaurant Business. To ensure that your restaurant can bring in patrons, come up with a concept that will be appealing to a major demographic of the area you plan to occupy.
Major age demographics are generally separated into Generation Y (born 1980 to 2000), Generation X (1965 to 1977) and Baby Boomers (1946 to 1964); older individuals are generally grouped as empty nesters (ages 50 to 64) or senior citizens (65+). Younger diners appreciate faster service, while the older population enjoys a more formal dining experience.
Restaurants are generally categorized as either quick service, family dining or casual dining. Quick service restaurants include fast food restaurants or other similar dining businesses that value speed of service above all else. U.S. restaurant count declines. CHICAGO The number of U.S. restaurants fell this past fall as the industry continued to suffer from serious declines in traffic and sales.
The rate of closures, however, was less than what was reported last spring. According to The NPD Group's ReCount data released Wednesday, the total number of U.S. restaurants declined 0.3 percent, or by 1,652 restaurants, to 578,353 locations in the fall of 2009, compared with the fall of 2008. ReCount tracks commercial restaurant locations twice a year, ... Restaurant Industry Statistics Industry Figures, and Information - GrabStats.com. Get More Orders. More Orders. GrubHub. Www.cognizant.com/InsightsWhitepapers/Casual Dining vs Quick Service white paper.pdf. Mike Evans's Answers on GrubHub. Restaurant Management Software and Restaurant Marketing. Is OpenTable Worth it? Posted in Letters on Friday, October 22nd, 2010 by Mark Pastore We’ve often been asked why Incanto is not listed on OpenTable.com.
For those of you not familiar with the service, OpenTable is the most successful online restaurant reservation portal on Earth; a place on the Web where diners can search for and make reservations at leading restaurants, via a browser or smartphone. Restaurants like Incanto that chose not to offer their seats through OpenTable find themselves in a shrinking minority. Let me start by stating the obvious: the convenience and immediacy of booking a table online anytime day or night is beneficial to both diners and to restaurants. This was my belief nine years ago, when we first approached OpenTable to inquire about becoming one of its early customers.
It’s possible, however, for convenience to come at too dear a price. What are the actual economics of listing your restaurant on OpenTable? Entretien avec Bertrand Jelensperger, LaFourchette.com, « nous touchons 2 euros sur chaque réservation honorée » Www.packagedfacts.com/docs/PF_Foodservice_Landscape_2010_Sample_Pages.pdf. Restaurant and Food Services Industry: Market Research Reports, Statistics and Analysis.
Global Restaurant & Food Services Industry The world foodservice industry is expected to reach almost $992 billion in 2014, according to Datamonitor, with a volume of over 586 billion transactions. This represents more than 18% growth in five years. Cafés and restaurants represent the leading market segment at over 50% of overall industry value. Regionally, Asia-Pacific holds almost 43% of the world foodservice industry market share. Food demand is rising in tandem with the global population. Key Market Segments.
As OpenTable Booms, Who Gets The Dough? ONE SATURDAY evening last summer, Steve Jobs and a friend showed up for dinner at Flour + Water, a booked-to-the-rafters pizza-and-pasta place in San Francisco's Mission District. They didn't have a reservation. But it's Steve Jobs, right? There's always a table for a billionaire walk-in. To the delight of a few passersby with cameras, the Apple CEO was turned away. Food-beverage-grocery-market-research - Industry Trends. The global food and agricultural industry for 2014 will be about a $7.6 trillion market, according to Plunkett Research estimates, or about 10% of global GDP. Global food exports totaled $1.38 trillion in 2012, according to the World Trade Organization. While it is obvious that food is of equal importance to all people on planet Earth, the cost of that food is not equal.
It varies widely due to such influences as location, custom and the availability of proper infrastructure for food transportation and storage. La Fourchette lève 8 millions d'euros auprès de Serena et Partech - JDN web & tech. Valorisé plus de 40 millions d'euros, le service de réservation de restaurants a réalisé 9 millions d'euros de chiffre d'affaires sur un an. Le service de réservation de restaurants La Fourchette boucle aujourd'hui un tour de table de 8 millions d'euros auprès de Serena Capital et de Partech International, qui investissent chacun 4 millions d'euros dans la société.
Selon nos informations la prise de participation totale serait d'un peu plus de 20%, valorisant la société à plus de 40 millions d'euros. La start-up, qui clôture son exercice fin avril, aura réalisé 9 millions d'euros de chiffre d'affaires entre avril 2011 et avril 2012, soit une croissance de 95% comparé à l'exercice précédent. Worldspan and OpenTable.com Announce Alliance. <a href=" and OpenTable.com Announce Alliance. </a> ATLANTA and SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Aug. 30 /PRNewswire/ --
Chain Restaurants in the US Market Research. Www.restaurant.org/pdfs/research/PocketFactbook_2012.pdf. Reservations for none. The tourists strolling through downtown Asheville on a weekend night might appear to be window-shopping or people-watching, but that's not all those wide-eyed visitors are doing: More often than not, they're waiting for a table. An hourlong wait for a restaurant meal isn't uncommon in Asheville, where locals' laissez-faire attitudes toward reservations and the universal tourist tendency to wait until dinnertime to find somewhere to eat have conspired to make walk-in traffic a misnomer.
Spur-of-the-moment diners are accustomed to walking around the block, getting to know the hostess and having a drink before being seated.