Articles tagged “restaurants”

TripAdvisor Expands Subscription Business Into Restaurants

TripAdvisor Expands Subscription Business Into Restaurants

Dennis Schaal, Skift

While investors and observers are rightfully focused on how TripAdvisor's transition to a hotel booking site will work out, the company has some meaningful hedges in the form of vacation rentals, tours and activities, and restaurants. Collecting monthly and annual fees is a very material part of the overall business and will likely become even more so.

6 days ago

The Data-Driven Restaurant That Can Transform Dining Out

The Data-Driven Restaurant That Can Transform Dining Out

Peter Elliot, Bloomberg

A new super-nerd book suggests that owners could use new data and software to more smartly run their operations. In the same way Moneyball transformed baseball, this is a persuasive case for data-driven restaurants.

1 week ago

Foreign Visitors to Vegas Don’t Understand the Tipping Culture

Foreign Visitors to Vegas Don’t Understand the Tipping Culture

Associated Press

American travelers can often be ignorant about cultures in the destinations they visit but the same is true about foreign visitors to the United States. Understanding different cultures is a two-way street. Restaurant and casino workers in Las Vegas are horrified that an influx of foreign visitors and their lack of tipping is putting livelihoods at stake.

4 weeks ago

Ex-Goldman Trader Sells Tourists Access to Top Tokyo Restaurants

Ex-Goldman Trader Sells Tourists Access to Top Tokyo Restaurants

Takahiko Hyuga, Russell Ward, Bloomberg

This entrepreneur takes a risk by buying up pricey meals at exclusive Tokyo restaurants, then re-selling them to foreigners. But with the city's cuisine being a huge tourist draw, and the language barrier being high, it looks like this venture is paying off.

2 months ago

OpenTable Tears Down Its Walls With New Multilingual Capabilities

OpenTable Tears Down Its Walls With New Multilingual Capabilities

Dennis Schaal, Skift

OpenTable is upping its language skills, although it still is in the early stages of making its restaurant relationships more global.

3 months ago

TripAdvisor CEO Kaufer Defiantly Vows to Stay Committed to Instant Booking

TripAdvisor CEO Kaufer Defiantly Vows to Stay Committed to Instant Booking

Dennis Schaal, Skift

Two headlines here: TripAdvisor CEO remains adamantly committed to Instant Booking -- and he isn't going anywhere anytime soon. He's still excited about his gig.

4 months ago

Airbnb Tests Standalone Guide and Restaurants App

Airbnb Tests Standalone Guide and Restaurants App

Eric Newcomer and Gerrit De Vynck, Bloomberg

Airbnb is going to be a player in local activities and possibly restaurant reservations, both of which are a focus of its new -- and still unreleased -- app. Google aims to get more involved as well.

5 months ago

Is The UK Restaurant Sector Heading For a Fall?

Is The UK Restaurant Sector Heading For a Fall?

Andrea Felsted, Bloomberg

Restaurants and cafes continue to open at a steady rate across the UK but if the economy falters, operators could be in for a nasty surprise.

5 months ago

Yelp Makes a Profit and Beats Estimates as Stock Takes Off

Yelp Makes a Profit and Beats Estimates as Stock Takes Off

Nicole Piper, Bloomberg

Yelp has a tremendous opportunity in local advertising but there is also intense competition. One big caution is that half of Yelp's traffic comes from Google and that makes it way too dependent on a company which isn't exactly a fan.

6 months ago

Google Is Killing Zagat’s 30-Point Rating System in Its Restaurant App

Google Is Killing Zagat’s 30-Point Rating System in Its Restaurant App

Nicole Piper, Bloomberg

The new Zagat — which jettisons the old 30-point rating scale in favor of a more familiar five-point system — will have a more obvious influence from Google, its owner since 2011.

6 months ago

TripAdvisor CEO’s Answer to Critic: We’ve Done More Than ‘Experts’ Ever Could

TripAdvisor CEO’s Answer to Critic: We’ve Done More Than ‘Experts’ Ever Could

Dennis Schaal, Skift

TripAdvisor has taken a few lumps in the UK and the bashing by a prominent UK critic in The Guardian undoubtedly was a factor in Kaufer's decision to pen a rare, formal response to a pundit.

6 months ago

Beyond TripAdvisor Hotel Bookings: Its Tours and Restaurants on Track to Become $500 Million Business

Beyond TripAdvisor Hotel Bookings: Its Tours and Restaurants on Track to Become $500 Million Business

Dennis Schaal, Skift

Don't miss the forest for the trees: TripAdvisor is evolving into a well-rounded travel planning AND booking site. If hotel bookings on TripAdvisor eventually fall short of expectations it would be a big blow, but then tours and activities, restaurant reservations, vacation rentals, hotel metasearch and reviews can all play a role in taking up some of the slack.

7 months ago