02 May 2011
NEW YORK, NY – 2 May 2011 – Livebookings today announced that its total number of seated diners in Europe grew almost 11% over the previous quarter to 2.3 million diners, demonstrating a strong performance in the company's largest market. In addition, Livebookings' European installed restaurant base grew by 9 percent sequentially.
This news follows Livebookings' latest announcement that it processed over one million restaurant diners in the month of March and secured $10 million in funding from existing shareholders, including Balderton Capital and Wellington Partners.
Livebookings continues to add major brands to its portfolio of restaurant partners, including Loch Fyne, Jamie Oliver's Jamie's Italian, and Pollen Street Social. In the USA, Bonefish Grill, a subsidiary of Outback Steakhouse International Restaurant Partners (OSI) should complete its rollout to an additional 138 stores by the end of the second quarter.
"Livebookings has been the dominant player in the European restaurant reservations market for the last decade and despite increasing competition, continues to see success in its key metrics," said Colin Tenwick, CEO of Livebookings. "We look forward to our continued international expansion and expect to see more success stories and growth in the future."
Livebookings makes restaurants and diners click. We operate the world’s only global, web-based restaurant reservations and marketing service, delivering over one million diners every month to 8,000 restaurants including Gordon Ramsay Holdings, Tantris, Steve Hanson’s B.R. Guest Restaurant Group, Jean Georges’ Spice Market, Håkan Swahn's Aquavit, Anthony Bourdain’s Les Halles, Marcus Samuelsson's Red Rooster, and major national casual chains such as Outback Steakhouse’s Bonefish Grill. Our reservations tools enable restaurants to provide their diners with a free, easy-to-use online bookings service, to manage those reservations efficiently and to collect valuable customer data. Our marketing services ensure restaurants can run promotions and deals and execute online marketing campaigns to attract and retain their customers. Our consumer restaurant reservations website, Bookatable.com, along with our unparalleled network of 300 distribution partners, including Bloomberg, lastminute.com, and Ticketmaster, ensure we can spread news of deals far and wide and help our restaurant customers attract new business.
Headquartered in London, with offices across Europe and the USA and customers in 23 countries, Livebookings is the largest online reservations provider in Europe, focused on making restaurants more profitable and dining out more pleasurable.