We are pleased to release 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,” notes our own 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.Continue Reading