Tuesday, November 2, 2010

OpenTable Mobile Apps Drive a Quarter Billion Dollars in Revenue for Restaurant Partners

SAN FRANCISCO--(BUSINESS WIRE)--OpenTable, Inc. (NASDAQ: OPEN) (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.opentable.com&esheet=6494966&lan=en-US&anchor=www.opentable.com&index=1&md5=f1edaaf6baeb0a5ed77340babca859dc), a leading provider of free online reservations for diners and guest management systems for restaurants, announced that as of September 30, more than 5 million diners have been seated via reservations booked on its mobile applications. OpenTable estimates that diners using its mobile applications have generated more than $250 million in revenue for its restaurant partners. Since the company introduced its first app in May 2008, mobile has grown to account for 10 percent of all diners seated via OpenTable.

“OpenTable diners are increasingly counting on their mobile phones to find and book dining reservations when on the go,” said Jeff Jordan, CEO of OpenTable. “Whether they’re traveling, coming out of a meeting or a movie theater, or just looking for a new dining spot while out on the town, diners can use our mobile apps to find and book available tables at nearby restaurants.”

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