Thursday, April 22, 2010

Restaurateurs find opportunities in new technology

Feature story for The Memphis Daily News

April 22, 2010

Nowadays there’s a cell phone app for nearly everything – and restaurant reservations are no exception.

That’s not been lost on local restaurateurs, who are embracing online reservations and finding that they are weathering the struggling economy better as a result.

“In an economy like this, we can’t leave any stone unturned, especially when people are cutting costs on dining,” said Josh Spotts, catering sales and conference service manager for The Madison Hotel, which operates Grill 83.

“You can get full off a hamburger at McDonald’s, but is that the experience that you want?”

Among the most popular apps available is OpenTable.com, a Web-based program offering reservation and table management services in real time for more than 12,000 restaurants worldwide.

Founded in 1998, OpenTable now seats about 4 million diners per month and has done so for more than 130 million since its inception.

The mobile app was launched in November 2008, and has been used by more than 2 million, a number that represents about $100 million to restaurant partners, according to OpenTable ... (read more)