Resy Buys Competing Restaurant Reservation Service
Restaurant reservation service Resy acquired its competitor Reserve.
Resy connects consumers to 4,000 of restaurants across the country. The Reserve acquisition is the latest acquisition engineered by Resy co-founder and CEO, Ben Leventhal and his team.
The Reserve acquisition expands Resy’s stronghold in top dining markets – such as New York, San Francisco and Los Angeles – to include cities like Boston, Chicago, Philadelphia, and Washington, D.C. The acquisition will allow Resy to add many of Reserve’s restaurant partners to its already impressive roster of thoughtfully curated restaurants around the world.
Since launching in 2014, Resy has attracted some of the world’s top operators, including Danny Meyer’s Union Square Hospitality Group and David Chang’s momofuku group. Additionally, Resy’s passion for restaurants, cutting edge technology, commitment to connectivity and transparency, and fair pricing have been among the key contributors to its success. With Reserve operating by those same basic principles, as well as its demonstrated record of relationships with top restaurateurs, it became a natural fit in Resy’s progression.
ResyOS is an end-to-end restaurant management platform that offers partners live two-way SMS, auto-confirmed reservation capabilities, a fully automated waitlist, PCI Level 1 compliant third-party credit card handling and loyalty channel management. Restaurant partners have access to ResyFLY, an inventory optimization program, Resy Surveys, an all-encompassing guest feedback loop and a suite of Business Intelligence tools to help them run their businesses smarter and more efficiently.