OpenTable Releases Restaurant Industry Index for Q3 2012
by PR Newswire
SAN FRANCISCO, Nov. 15, 2012 /PRNewswire/ -- OpenTable, Inc. (NASDAQ: OPEN), a leading provider of free, real-time online restaurant reservations for diners and reservation and guest management solutions for restaurants, today released the OpenTable Restaurant Industry Index for the third quarter of 2012. OpenTable also announced that the Index, which shows year-over-year growth of guests served in reservation-taking restaurants, has been expanded to report on the Atlanta, Boston, Denver and Philadelphia metropolitan areas.
"Industry growth remained flat in the third quarter," said Matt Roberts, Chief Executive Officer of OpenTable. "Although some markets like the Boston and New York metropolitan areas experienced a respectable lift early in the year, the momentum has softened and is likely to be impacted further as a result of Hurricane Sandy."
OpenTable Restaurant Industry Index
The OpenTable Restaurant Industry Index is based on data gathered from more than 9,000 reservation-taking restaurants* sampled from the OpenTable network in the U.S., Canada and Mexico. Each percentage indicates a year-over-year increase or decrease in the number of guests served in these reservation-taking restaurants, as recorded by the restaurants in their reservation books. Those guests include those who honored reservations made by phone or online as well as those who walked in without a reservation.
To view and download the Index data dating back to 2008, visit http://index.opentable.com.
Atlanta Metropolitan Area
Boston Metropolitan Area
Chicago Metropolitan Area
Denver Metropolitan Area
Metropolitan Los Angeles
Metropolitan New York
Philadelphia Metropolitan Area
San Francisco Bay Area
Washington D.C. Metropolitan Area
*Restaurants in the Index may change over time.
About OpenTable, Inc.
OpenTable is a leading provider of free, real-time online restaurant reservations for diners and reservation and guest management solutions for restaurants. The OpenTable network delivers the convenience of online restaurant reservations to diners and the operational benefits of a computerized reservation book to restaurants. OpenTable has more than 26,000 restaurant customers, and, since its inception in 1998, has seated more than 385 million diners around the world. The Company is headquartered in San Francisco, California, and the OpenTable service is available throughout the United States, as well as in Canada, Germany, Japan, Mexico, and the UK. OpenTable also owns and operates toptable, a leading restaurant reservation site in the UK.
OpenTable, OpenTable.com, OpenTable logos, toptable and other service names are the trademarks of OpenTable, Inc. and/or its affiliates
SOURCE OpenTable, Inc.