Consumer
Resy Chief Says Consumers’ Demand for Dining Remains Strong
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Resy, the reservation platform owned by American Express Co., is still seeing strong consumer demand for restaurant dining, even if some cities and neighborhoods are hit harder by higher costs.
“You can see that some restaurants are hurting by high prices, inflation, their rent and so on,” Pablo Rivero, Resy’s chief executive officer, said Wednesday in an interview on Bloomberg Television. “People are still going out, trying to find that human connection with people, and the dining table is a perfect space for that.”