3 ms·

I think you are confusing bookings with seats. I think 15 seats/day probably implies more like 5 reservations per day. Interestingly, their revenue is about $

I think you are confusing bookings with seats. I think 15 seats/day probably implies more like 5 reservations per day. Interestingly, their revenue is about $17M/month, so that implies they generate about $1/seat in revenue. For some reason, I thought they were charging restaurants much more than that.

jacquesm 12y ago
Apparently the correct name is 'covers' (See mattmansers comment below). I wasn't familiar with the terminology but the math still holds as far as I can see. Just replace 'bookings' with 'covers', so depending on the average table size 5 reservations sounds about right.