Coronavirus leads to 'sharp decline' in restaurant demand: OpenTable
Coronavirus leads to 'sharp decline' in restaurant demand: OpenTable
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Online restaurant reservation service OpenTable has reported a "sharp decline" for restaurants in the last week as a result of the coronavirus outbreak.
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"Looking at comprehensive data from restaurants on our platform — across online reservations, phone reservations, and walk-ins — we note sharp declines over the last week," OpenTable COO Andrea Johnston said in a blog post on Friday. "The COVID-19 pandemic is making many of us stay home and our community of nearly 60,000 restaurants is facing a severe reduction in diners."
According to OpenTable's detailed report of industry trends, reservations stayed stable in February with a big increase on Valentine's Day, but drastically dipped in March as the coronavirus spread across the globe.
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As of Saturday, diners in the United States were down more than 40 percent year-over-year. Locations where diners were hit hardest, including Seattle, New York and Boston, were down more than 60 percent, followed by 58 percent in San Francisco, 49 percent in Chicago and 47 percent in Los Angeles.
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