OpenTable is an online restaurant reservation service company. It provides reservation management to restaurant owners. The company develops an Electronic Reservation Book (ERB), an integrated software and hardware solution that computerizes restaurant host-stand operations. The ERB handles reservation management, table management, guest recognition, and email marketing. The company also has a mobile application that allows users to find and book dinner reservations.

Employee Rating

3.5More
TypeSubsidiary
Parent CompanyBooking Holdings
HQSan Francisco, US
Founded1998
Websiteopentable.com
OpenTable was founded in 1998 and is headquartered in San Francisco, US

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Key People/Management at OpenTable

Connie Chen

Connie Chen

General Counsel, SVP
Joseph Essas

Joseph Essas

CTO
Andrea Johnston

Andrea Johnston

COO
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OpenTable Office Locations

OpenTable has offices in San Francisco, Chicago, Denver, Los Angeles and in 6 other locations
San Francisco, US (HQ)
1 Montgomery St #700, San Francisco
Chicago, US
954 W Washington Blvd #320
Denver, US
1700 Lincoln St #2900
Los Angeles, US
6255 Sunset Blvd #1000
New York, US
920 Broadway
Washington, US
1201 15th St NW
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OpenTable Financials and Metrics

Summary Metrics

In total, OpenTable had raised $48 m. OpenTable is a subsidiary of Booking Holdings

OpenTable Revenue

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View revenue for all periods
OpenTable's revenue was reported to be $190.05 m in FY, 2013 which is a 17.6% increase from the previous period.
Annual
USDFY, 2011FY, 2012FY, 2013

Revenue

139.5m161.6m190.1m

Revenue growth, %

16%18%

Cost of goods sold

39.4m41.9m48.2m

Gross profit

100.2m119.7m141.9m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q1, 2019

Revenue

39.4m39.6m39.7m45.5m45.6m46.7m53.8m34.0b

Cost of goods sold

10.5m10.3m10.5m11.4m11.5m12.8m14.3m

Gross profit

28.9m29.2m29.2m34.1m34.1m33.9m39.4m

Gross profit Margin, %

73%74%73%75%75%73%73%
Annual
USDFY, 2011FY, 2012FY, 2013

Cash

36.5m102.8m100.3m

Accounts Receivable

18.8m22.0m25.4m

Prepaid Expenses

2.7m2.9m4.7m

Current Assets

82.7m142.8m162.4m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014

Cash

44.6m57.5m85.2m94.5m80.9m90.5m103.5m

Accounts Receivable

18.8m18.8m19.2m23.5m23.6m22.8m26.5m

Prepaid Expenses

2.7m3.3m3.1m2.6m5.1m7.0m4.0m

Current Assets

90.4m105.0m119.4m137.9m137.2m149.8m167.1m
Annual
USDFY, 2011FY, 2012FY, 2013

Net Income

21.5m24.0m33.4m

Depreciation and Amortization

8.0m9.1m12.4m

Accounts Payable

10.3m18.0m8.3m

Cash From Operating Activities

42.1m61.3m66.0m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014

Net Income

4.8m10.6m16.5m7.1m15.5m23.1m(3.6m)

Depreciation and Amortization

2.2m4.4m6.6m2.6m5.5m8.8m3.7m

Accounts Payable

3.6m7.7m12.8m(2.4m)(4.2m)1.4m(259.0k)

Cash From Operating Activities

15.8m27.8m45.3m12.1m26.7m42.8m15.6m
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OpenTable Operating Metrics

FY, 2013Q1, 2014Dec, 2016Aug, 2017Q3, 2017Q4, 2017Q1, 2018Q1, 2019

Diners Seated per Month

14.70 m15.60 m21 m23 m24 m25 m25 m125 m

Restaurants

31 k31 k40 k43 k43 k45 k46 k51 m

Diners Seated to Date

575 m620 m1 b1.40 b1.50 b1.60 b1.50 b

Reviews

25 m61 m64 m67 m85 m
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OpenTable Acquisitions / Subsidiaries

Company NameDateDeal Size
VengaMay 02, 2019
Copilot LabsAugust 02, 2014
Ness ComputingFebruary 06, 2014
QuickcueDecember 16, 2013
JustChaloJune 14, 2013
FoodspottingJanuary 29, 2013
TreatfulAugust 03, 2012
toptableSeptember 15, 2010
GuestBridgeSeptember 15, 2009
Copilot Labs, Inc.
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OpenTable Revenue Breakdown

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OpenTable revenue breakdown by business segment: 60.6% from Reservations, 32.5% from Subscription and 6.9% from Other

OpenTable revenue breakdown by geographic segment: 86.5% from North America and 13.5% from International

OpenTable Online and Social Media Presence

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OpenTable News and Updates

OpenTable Data Center

Comments

The 20 best new restaurants of 2019, according to OpenTable

With more Americans choosing to dine out less, the restaurant industry is becoming increasingly difficult to break into — and sustain. Yet hundreds of new restaurants opened in 2019 with the dream of filling their uniquely designed dining rooms with hungry guests. OpenTable generated a list of th…

Phaidon Partners with OpenTable to Bring its Popular Books to Life

Partnership includes two key initiatives this fall -- online access to restaurants selected by the world's best chefs and a unique 4-city dinner series.read more

OpenTable Announces the 50 Best Restaurants for Vegetarians in America for 2019

SAN FRANCISCO, Oct. 1, 2019 /PRNewswire/ -- In celebration of World Vegetarian Day, OpenTable, the world's leading provider of online restaurant reservations and part of Booking Holdings, Inc. (NASDAQ: BKNG), today released its list of the 50 Best Restaurants for Vegetarians in America...

OpenTable Enters Restaurant Delivery Market, Partners With Caviar, GrubHub And UberEats

OpenTable is joining the increasingly crowded delivery market, announcing a partnership with Caviar, Grubhub and Uber Eats today.

OpenTable expands into food deliveries with Caviar, Grubhub, and Uber Eats

OpenTable on iOS now offers food delivery options from thousands of restaurants in the U.S., courtesy GrubHub, Uber Eats, and Caviar.
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OpenTable Frequently Asked Questions

  • When was OpenTable founded?

    OpenTable was founded in 1998.

  • Who are OpenTable key executives?

    OpenTable's key executives are Connie Chen, Joseph Essas and Andrea Johnston.

  • What is OpenTable revenue?

    Latest OpenTable annual revenue is $190.1 m.

  • Who are OpenTable competitors?

    Competitors of OpenTable include Resy, Bookatable UK and Allset.

  • Where is OpenTable headquarters?

    OpenTable headquarters is located at 1 Montgomery St #700, San Francisco, San Francisco.

  • Where are OpenTable offices?

    OpenTable has offices in San Francisco, Chicago, Denver, Los Angeles and in 6 other locations.

  • How many offices does OpenTable have?

    OpenTable has 10 offices.