OpenTable Releases Restaurant Industry Index for Q1 2014

We are pleased to release the OpenTable Restaurant Industry Index for the first quarter of 2014.

“Like many other businesses across the Midwest and East Coast, restaurants were hit by winter weather conditions during the first quarter,” said our own Duncan Robertson, Chief Financial Officer of OpenTable. “As a result, overall North America industry diner counts were down two percent year-over-year with a couple of examples of major metropolitan areas impacted by weather such as Chicago and DC down approximately 8 percent and 7 percent, respectively.”

OpenTable Restaurant Industry Index

The OpenTable Restaurant Industry Index is based on data gathered from more than 10,000 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

Geographic Region

2010

2011

2012

2013

1Q 2013

1Q 2014

North America

2.3%

2.8%

0.6%

0.0%

-1.4%

-2.1%

United States

2.4%

3.0%

0.6%

0.1%

-1.3%

-2.1%

Atlanta Metropolitan Area

3.0%

0.2%

0.7%

-1.1%

-4.5%

-1.7%

Boston Metropolitan Area

3.9%

1.5%

1.5%

-0.9%

-3.2%

-2.9%

Chicago Metropolitan Area

1.4%

2.9%

-0.1%

-3.0%

-4.3%

-7.8%

Denver Metropolitan Area

3.2%

2.6%

0.4%

1.0%

1.4%

0.3%

Metropolitan Los Angeles

0.9%

2.9%

0.9%

0.9%

-0.8%

1.7%

Metropolitan New York

4.3%

2.6%

0.3%

0.2%

-2.8%

-3.9%

Philadelphia Metropolitan Area

-0.4%

0.8%

0.2%

0.3%

-4.8%

-3.0%

San Francisco Bay Area

1.7%

5.2%

1.5%

3.5%

1.3%

2.4%

Washington D.C. Metropolitan Area

3.0%

1.3%

-1.8%

-0.5%

-1.2%

-6.7%

*Restaurants in the Index may change over time.

OpenTable Releases Restaurant Industry Index for Q4 and Full Year 2013

We are pleased to release the OpenTable Restaurant Industry Index for the fourth quarter and full year 2013.

“Spurred by healthy economic growth and an unseasonally mild winter, the San Francisco Bay Area reservation-taking restaurant industry experienced a solid lift in the fourth quarter,” said our own Duncan Robertson, Chief Financial Officer of OpenTable. “The U.S. overall and most major metropolitan areas that we track experienced a modest lift with the exception of Chicago, which declined by three percent, and Atlanta, Boston and Washington D.C., which were essentially flat. The New York metropolitan area benefited from an easier comparable quarter by lapping Superstorm Sandy, which hit during the fourth quarter of 2012.”

OpenTable Restaurant Industry Index
The OpenTable Restaurant Industry Index is based on data gathered from more than 10,000 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

OpenTable Restaurant Industry Index for Q3 2013

We are pleased to release the OpenTable Restaurant Industry Index for the third quarter of 2013.

“The San Francisco Bay Area reservation-taking restaurant industry experienced a lift for the third quarter in a row, while most other major metropolitan areas that we track were essentially flat,” said our own Duncan Robertson, Chief Financial Officer of OpenTable. “The anomalous spike in Philadelphia was attributed to the timing of restaurant weeks which occurred in September rather than October this year.”

OpenTable Restaurant Industry Index

The OpenTable Restaurant Industry Index is based on data gathered from more than 10,000 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

OpenTable Restaurant Industry Index for Q2 2013

We are pleased to release the OpenTable Restaurant Industry Index for the second quarter of 2013. 

“During the second quarter of 2013, the reservation-taking industry in the U.S. was flat year-over-year,” said our own Matt Roberts, Chief Executive Officer of OpenTable. “For the second quarter in a row the San Francisco Bay Area experienced a lift, but most other major metropolitan areas that we track were essentially flat with the exception of Chicago, which continued to see a bit of a headwind during the second quarter.”

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