Livebookings’ announces strong Q3 2011 growth in European online reservation market

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Livebookings seats a record number of diners, outpacing nearest competitors in key European markets

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Livebookings continues to expand its leading position in Europe

Livebookings, a global leader in online reservations and marketing services for restaurants, today announced continued success in leveraging its market leading position:

  • Its total number of seated diners in Europe grew organically to 2.8 million in the third quarter of 2011, representing growth of 87% year-over-year and, entering what is Livebookings’ seasonally strongest quarter, nearly 30% year-to-date.
  • The average number of seated European diners delivered by Livebookings in the seasonally slower summer quarter was 297 per restaurant, representing growth of 58% year-over-year and 12% year-to-date.

Livebookings continues to expand its leading position in Europe. Livebookings’ consumer brand, http://www.bookatable.de, is now the top destination for consumers looking for real-time restaurant information and reservations in Germany.

In Q3 Livebookings achieved record growth in the number of covers delivered to restaurants in Germany, with total covers of 353,000 up 8% and restaurants receiving an average of 183 seated diners up 9% over the previous quarter.

In addition, Livebookings is set to launch Freebookings, an entry-level restaurant reservation service in the US in Q4 2011.

"Livebookings’ growth in Europe continues to demonstrate strong momentum, as we deliver an average of 297 diners to our restaurant partners this quarter, significantly more than our nearest competitor in Europe," said Colin Tenwick, CEO of Livebookings. "We are encouraged by the growth of online reservations in the European market, which is generating significant revenue for our partner restaurants.”

About Livebookings

Livebookings makes restaurants and diners click. We operate the only global, real-time reservations and online marketing service for restaurants, delivering over one million diners every month to 9,000 restaurants including The Ritz, Tantris, East, Grill and Aquavit. Our reservations tools enable restaurants to provide their diners with a free, easy-to-use online reservations service, to manage those reservations efficiently and to collect valuable customer data. Our online marketing services ensure restaurants can run deals and execute 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, American Express, 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 real-time reservations and online marketing services provider in Europe, focused on making restaurants more profitable and dining out more pleasurable.

http://www.livebookings.net / http://www.bookatable.com

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