OpenTable Releases Restaurant Industry Index for Q3 2012
Quarterly Barometer of the Reservation-Taking Restaurant Industry is Expanded
to Report on the Atlanta, Boston, Denver, and Philadelphia Metropolitan Areas
SAN FRANCISCO, Nov. 15, 2012
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.
(Logo: http://photos.prnewswire.com/prnh/20110606/MM07085LOGO )
"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
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
Geographic Region Q1 2012 Q2 2012 Q3 2012
North America 2.4% 0.3% 0.4%
United States 2.5% 0.4% 0.3%
Atlanta Metropolitan Area 3.8% 0.9% -1.7%
Boston Metropolitan Area 5.3% 1.4% 0.3%
Chicago Metropolitan Area 3.3% -0.1% -1.8%
Denver Metropolitan Area -0.3% 0.6% 0.3%
Metropolitan Los Angeles 0.0% 1.7% 1.3%
Metropolitan New York 4.7% -0.4% 1.6%
Philadelphia Metropolitan Area 3.3% -0.4% -0.9%
San Francisco Bay Area 3.2% 2.2% 0.8%
Washington D.C. Metropolitan Area -1.6% -2.7% 0.0%
*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.
Contact: Tiffany Fox, OpenTable, email@example.com, +1-415-344-4275; Jennifer
Spector, M Booth, JenniferS@mbooth.com, +1-212-539-3299
Press spacebar to pause and continue. Press esc to stop.