OpenTable
OpenTable is an online restaurant-reservation service company founded by Sid Gorham, Eric Moe and Chuck Templeton on 2 July 1998 and is based in San Francisco, California.
Screenshot | |
Type of site | Subsidiary |
|---|---|
| Traded as | Nasdaq: BKNG |
| Founded | July 2, 1998 |
| Headquarters | , United States |
| No. of locations | 10 (2016) |
| Area served | Worldwide |
| Founder(s) |
|
| Key people | |
| Industry | Internet |
| Services | Table reservation |
| Revenue | US$190.05M (2013) |
| Operating income | US$46.429M (2013) |
| Profit | US$33.385M (2013) |
| Total assets | US$310.971M (2013) |
| Total equity | US$230.262M (2013) |
| Employees | 1450 (2019) |
| Parent | Booking Holdings |
| URL | opentable |
| Current status | Active |
In 1998, operations began with a limited selection of restaurants in San Francisco. Restaurants used the company's back-end software to process the reservations made on the website, resulting in a real-time reservation system for both diners and restaurants. The service has since expanded to cover more than 50,000 restaurants in more than 80 countries.
Reservations are free to end users; the company charges restaurants flat monthly and per-reservation fees for their use of the system. According to the company, it provides online reservations for more than 50,000 restaurants around the world and seats over 1 billion diners per year.
On June 13, 2014, the company announced it had agreed to terms with the Priceline Group (now Booking Holdings, Inc.) to be acquired in an all-cash deal for $2.6 billion.