4 ms·
Your maths are wrong as that'll be per cover (per person sitting round a table), not per booking. There's also no chance they were generating 15 covers per day
by mattmanser 12y ago
Your maths are wrong as that'll be per cover (per person sitting round a table), not per booking.
There's also no chance they were generating 15 covers per day per restaurant on average, let alone bookings, it's simply not possible, I just don't believe it.
AFAIK opentable have some sort of table planner/POS system, which is probably what's massively inflating that figure. So looking at their website there's this:
http://www.opentable.com/opentable-restaurant-management-system#/delight_diners http://www.opentable.com/opentable-restaurant-management-sys...
So it sounds like to be an opentable restaurnat means completely replacing your front of house, those are not leads, most of that will be self-generated by the restaurant.
Source: Worked for a regional competitor that only provided leads. I would say we roughly had 0.1 booking per restaurant per day, although I'm sure we could do better.
- jacquesm 12y agoI figured one person dining is one booking. So two people 2x the fee, 10 people 10x the fee. That's how I read the announcement anyway, this may be wrong but it makes sense to me (a 'per seat' fee). After all, a restaurant will make more money if more people show up so it would make good sense to tie their business model to that. So you book 'tables' or 'groups', not 'seats', I wasn't aware of the term 'cover'. So the math stands but the term changes from 'booking' to 'cover'.