OpenTable Releases Restaurant Industry Index for Q4 and Full Year 2012
by PR Newswire
SAN FRANCISCO, Feb. 21, 2013 /PRNewswire/ -- OpenTable, Inc. (NASDAQ: OPEN), the world's leading provider of online restaurant reservations, today released the OpenTable Restaurant Industry Index for the fourth quarter and full year 2012.
"As anticipated, Hurricane Sandy contributed to the decline in industry growth during the fourth quarter," said Matt Roberts, Chief Executive Officer of OpenTable. "Restaurants in the New York and Washington DC area were hit particularly hard during the quarter, while growth in other major metro areas and the U.S. overall was essentially flat year-over-year."
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 the world's leading provider of online restaurant reservations, seating approximately 10 million diners per month via online bookings across more than 27,000 restaurants. The OpenTable network connects restaurants and diners, helping diners discover and book the perfect table and helping restaurants deliver personalized hospitality to keep guests coming back. The OpenTable service enables diners to see which restaurants have available tables, select a restaurant based on verified diner reviews, menus and other helpful information, and easily book a reservation. In addition to the Company's website and mobile apps, OpenTable powers online reservations for nearly 600 partners, including many of the Internet's most popular global and local brands. For restaurants, the OpenTable hospitality solutions enable them to manage their reservation book, streamline their operations and enhance their service levels. Since its inception in 1998, OpenTable has seated more than 400 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, the leading consumer destination site for restaurant reservations 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.