OpenTable is now facing some steep competition. Resy, a restaurant reservation site that launched in 2014, acquired its small-but-fierce competitor Reserve, the company announced on Monday after the news leaked on Friday.
Restaurant Reservations Tech Space Consolidates as Resy Buys Competitor Reserve
The hospitality tech space is contracting as two more startups that have emerged in the last few years are merging. Resy, which offers both restaurant management software and a consumer-facing restaurant reservation platform, announced on Monday that it is acquiring its competitor, Reserve, a dining reservations and recommendations site.
Resy continues to stake claim as hospitality technology leader and solidifies itself as the largest independent restaurant reservation service in the U.S.
Resy Acquires Reserve to Better Challenge OpenTable
The pool of available restaurant reservations services is a little bit smaller today: Resy announced it is acquiring competitor Reserve. The move gives Resy a total of 4,000 restaurant customers in the U.S., including a significant footprint in Reserve-heavy cities like Boston and Chicago. The move also boosts its restaurant portfolio in top markets like New York, San Francisco, and Los Angeles.
Free meals offered at 20 NYC restaurants – if you score the golden check
Ever want to tap into your inner "Willy Wonka & the Chocolate Factory" childhood obsession and find your own golden ticket? Now you can. Resy, a reservation app, has joined with 20 restaurants around New York City to offer 400 lucky customers Willy Wonka-inspired golden checks in their bills.
Resy is winning newer, cooler restaurants away from OpenTable
For more than a decade, online restaurant reservations pioneer OpenTable was seemingly the only place you could go to book a table online. Now, in four years, its upstart rival Resy has managed to bite off some of OpenTable’s market share, particularly among newer and trendier restaurants.
