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Press release from PR Newswire

OpenTable Releases Restaurant Industry Index for Q1 2013

Wednesday, May 22, 2013

OpenTable Releases Restaurant Industry Index for Q1 2013

08:31 EDT Wednesday, May 22, 2013

SAN FRANCISCO, May 22, 2013 /PRNewswire/ -- OpenTable, Inc. (NASDAQ: OPEN), the world's leading provider of online restaurant reservations, today released the OpenTable Restaurant Industry Index for the first quarter of 2013. 

(Logo: http://photos.prnewswire.com/prnh/20110606/MM07085LOGO )

"During the first quarter of 2013, the reservation-taking industry in the U.S. was slightly down year-over-year," said Matt Roberts, Chief Executive Officer of OpenTable.  "Denver and the San Francisco Bay area saw a slight lift, but a number of major metropolitan areas that we track ? especially Atlanta, Boston, Chicago, and Philadelphia ? experienced a notable headwind during the first quarter."

OpenTable Restaurant Industry IndexThe 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.

To view and download the Index data dating back to 2008, visit http://index.opentable.com

Geographic Region

2009

2010

2011

2012

1Q 2012

1Q 2013

North America

-6.6%

2.3%

2.8%

0.6%

2.4%

-1.4%

United States

-6.6%

2.4%

3.0%

0.6%

2.5%

-1.3%

Atlanta Metropolitan Area

-8.5%

3.0%

0.2%

0.7%

3.8%

-4.5%

Boston Metropolitan Area

-2.7%

3.9%

1.5%

1.5%

5.3%

-3.2%

Chicago Metropolitan Area

-5.7%

1.4%

2.9%

-0.1%

3.3%

-4.3%

Denver Metropolitan Area

-5.9%

3.2%

2.6%

0.4%

-0.3%

1.4%

Metropolitan Los Angeles

-9.7%

0.9%

2.9%

0.9%

0.0%

-0.8%

Metropolitan New York

-5.8%

4.3%

2.6%

0.3%

4.7%

-2.8%

Philadelphia Metropolitan Area

-7.4%

-0.4%

0.8%

0.2%

3.3%

-4.8%

San Francisco Bay Area

-8.6%

1.7%

5.2%

1.5%

3.2%

1.3%

Washington D.C. Metropolitan Area

-2.8%

3.0%

1.3%

-1.8%

-1.6%

-1.2%

*Restaurants in the Index may change over time. 

About OpenTable, Inc. OpenTable is the world's leading provider of online restaurant reservations, seating more than 12 million diners per month via online bookings across approximately 28,000 restaurants. The OpenTable network connects restaurants and diners, helping diners discover and book the perfect table and helping restaurants deliver personalized hospitality to keep guests coming back. The OpenTable service enables diners to see which restaurants have available tables, select a restaurant based on verified diner reviews, menus and other helpful information, and easily book a reservation. In addition to the company's website and mobile apps, OpenTable powers online reservations for nearly 600 partners, including many of the Internet's most popular global and local brands. For restaurants, the OpenTable hospitality solutions enable them to manage their reservation book, streamline their operations and enhance their service levels. Since its inception in 1998, OpenTable has seated more than 450 million diners around the world.  The Company is headquartered in San Francisco, California, and the OpenTable service is available throughout the United States, as well as in Canada, Germany, Japan, Mexico and the UK. OpenTable also owns and operates toptable, the leading consumer destination site for restaurant reservations in the UK.

OpenTable, OpenTable.com, OpenTable logos, toptable and other service names are the trademarks of OpenTable, Inc. and/or its affiliates

SOURCE OpenTable, Inc.

For further information: Tiffany Fox, OpenTable, tfox@opentable.com, 415-344-4275; or Jennifer Spector, M Booth, JenniferS@mbooth.com, 212-539-3299

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