
OpenTable is owned by Booking Holdings (NASDAQ: BKNG), a publicly traded American multinational travel company headquartered in Norwalk, Connecticut. Booking Holdings acquired OpenTable in 2014 for $2.6 billion. OpenTable was founded in 1998 by Chuck Templeton in San Francisco, California, and is headquartered there. The platform connects diners with over 60,000 restaurants worldwide and fills more than 1.9 billion seats annually.
Parent Company
Acquired
2014
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| OpenTable | Booking Holdings | Wholly owned |
OpenTable was founded in 1998 by Chuck Templeton in San Francisco, California. Templeton created the platform after struggling to make a restaurant reservation by phone, recognizing an opportunity to digitize the reservation process for both diners and restaurants. OpenTable was one of the first online restaurant reservation platforms, launching at a time when most restaurants managed reservations with paper reservation books.
In its early years, OpenTable faced the challenge of convincing restaurants to adopt digital reservation management. The company developed the Electronic Reservation Book (ERB), a hardware and software system that replaced paper reservation books in restaurants. This system became OpenTable's core product for restaurant partners, providing table management, guest data collection, and reservation tracking.
Throughout the 2000s, OpenTable expanded across the United States, partnering with thousands of restaurants. The company charged restaurants a subscription fee for its software plus a per-cover fee for each reservation made through the platform. This business model provided recurring revenue and scaled with the platform's growth.
OpenTable expanded internationally in the late 2000s and early 2010s, entering markets in Canada, the United Kingdom, Germany, and Japan. The company went public on the NASDAQ stock exchange in 2009 under the ticker symbol OPEN, with its stock price rising significantly in the following years as the company demonstrated strong revenue growth and market dominance.
In 2014, Booking Holdings (then known as Priceline Group) acquired OpenTable for $2.6 billion in cash. The acquisition price represented a premium over OpenTable's market capitalization and reflected Booking Holdings' belief in the strategic value of combining travel and dining reservations. Following the acquisition, OpenTable was delisted from NASDAQ and became a wholly-owned subsidiary of Booking Holdings.
Under Booking Holdings ownership, OpenTable continued to expand globally and develop new features. The platform added mobile-first booking capabilities, integration with restaurant point-of-sale systems, and enhanced analytics tools for restaurants. OpenTable also launched OpenTable for Restaurants, a suite of restaurant management tools including table management, guest profiles, and marketing capabilities.
In 2020, the COVID-19 pandemic severely impacted OpenTable's business as restaurants closed or operated at reduced capacity. The company adapted by adding takeout and delivery capabilities, contactless dining features, and outdoor reservation management. As restaurants reopened in 2021 and 2022, OpenTable's reservation volumes recovered, though the competitive landscape had shifted with the growth of direct booking tools and competing platforms.
By 2026, OpenTable continues to operate as the leading restaurant reservation platform in North America, with a network of over 60,000 restaurants worldwide. The platform fills more than 1.9 billion seats annually. OpenTable faces increasing competition from Resy (owned by American Express), Tock (owned by American Express), and direct booking tools offered by restaurants through their own websites and social media platforms.
What does Booking Holdings own?
Booking Holdings owns Booking.com (world's largest online accommodation platform), Priceline (U.S. online travel agency), Agoda (Asian hotel booking), KAYAK (travel metasearch), OpenTable (restaurant reservations), and Rentalcars.com. Booking.com is the company's largest and most important brand.
Is Booking Holdings publicly traded?
Yes, Booking Holdings Inc. trades on NASDAQ under ticker symbol BKNG. The company has no controlling shareholder, with ownership distributed among institutional investors including Vanguard Group and BlackRock. In Q1 2026, the Board approved a 25-to-1 stock split effective April 2, 2026.
What is Booking Holdings' annual revenue?
In FY2025, Booking Holdings reported revenue of $26.9 billion, up 13% year over year. Gross travel bookings were $186.1 billion, up 12%. Adjusted EBITDA was $9.9 billion with a margin of 36.9%. Free cash flow was $9.1 billion.
Who founded Booking Holdings?
Booking Holdings was founded in 1997 by Jay Walker as Priceline.com in Norwalk, Connecticut. The company was renamed Booking Holdings in 2018 to reflect the prominence of Booking.com, which was acquired in 2005 for approximately $133 million and grew to become the world's largest online accommodation platform.
What is Booking.com?
Booking.com is the world's largest online accommodation booking platform, offering more than 28 million listings of hotels, apartments, homes, and other accommodations in more than 220 countries and territories. It is headquartered in Amsterdam, Netherlands, and is the dominant brand in European online hotel booking.
What is the Connected Trip?
The Connected Trip is Booking Holdings' strategic vision to integrate all aspects of travel planning and booking across its brands, allowing travelers to plan, book, and manage their entire trip (flights, accommodation, car rental, activities, dining) through a seamless, personalized experience powered by AI and data.
Who is Booking Holdings' CEO?
Glenn Fogel has served as Chief Executive Officer of Booking Holdings since January 2017. Fogel has been with the company since 2000 and led the acquisitions of Booking.com, Agoda, KAYAK, and OpenTable.
OpenTable's primary sustainability contribution comes from digitizing the restaurant reservation process, eliminating the need for paper reservation books in restaurants. The Electronic Reservation Book system replaced traditional paper-based reservation management, reducing paper consumption across the restaurant industry.
OpenTable's data analytics help restaurants predict demand more accurately, which can reduce food waste through better inventory planning. By optimizing table turnover and reservation management, restaurants can operate more efficiently and reduce over-preparation.
OpenTable provides technology that helps independent restaurants compete with larger chains, supporting small and local establishments in maintaining stable business operations. This support helps preserve local dining culture and promotes diverse restaurant ecosystems in communities.
As a digital platform, OpenTable operates with minimal physical infrastructure. The company's cloud-based operations contribute to lower energy consumption compared to traditional business models. OpenTable also offers remote work capabilities for its employees, reducing commuting-related emissions.
OpenTable is not certified as a B Corporation. The brand does not carry independent sustainability certifications. Sustainability claims are limited to the operational efficiency benefits of its digital platform and the indirect environmental benefits of reduced paper usage and optimized restaurant operations.
OpenTable has been recognized as the world's leading restaurant reservation platform by restaurant industry organizations and technology publications. The platform's pioneering role in digitizing restaurant operations has been acknowledged since its founding in 1998.
OpenTable's Electronic Reservation Book and mobile applications have received recognition for innovation in restaurant technology. The platform's user-friendly interface and comprehensive restaurant management features have been noted by technology reviewers and restaurant industry publications.
OpenTable's mobile app has received positive recognition from users and technology reviewers for its intuitive design, comprehensive restaurant database, and reliable booking functionality. The app has been downloaded millions of times and maintains high ratings on iOS and Android app stores.
OpenTable's expansion to over 60,000 restaurants worldwide and its ability to process over 1.9 billion reservations annually has earned recognition from business publications for its market leadership and scale.
OpenTable faced significant user backlash in April 2024 when it announced a policy change to eliminate anonymous reviews, requiring users to display their photo and first name with their reviews. Many users and privacy advocates objected to the change, arguing that it would discourage honest reviews and compromise user privacy. OpenTable quickly reversed the decision to not apply the new policy retroactively and delayed implementation, demonstrating responsiveness to user feedback. The incident highlighted the tension between transparency and privacy in online review systems.
OpenTable has not faced major data privacy violations or regulatory enforcement actions. The company maintains compliance with data protection regulations including GDPR and other privacy laws across its global operations. However, as a platform collecting detailed diner data including dining preferences, location data, and payment information, OpenTable must maintain robust data security practices.
OpenTable has faced criticism from some restaurants regarding its fee structure. The per-cover fee for reservations made through the platform can be significant for high-volume restaurants, and some restaurant owners have questioned the value of paying for customers who would have found the restaurant anyway. This has contributed to the growth of direct booking tools and competing platforms with lower fees.
During the COVID-19 pandemic, OpenTable faced challenges as restaurant reservations dropped to near zero in many markets. The company adapted by adding takeout and delivery capabilities, but some restaurant partners questioned whether OpenTable's fee structure was appropriate for the reduced volume environment. OpenTable offered fee reductions and flexible terms during the pandemic, but the experience led some restaurants to explore alternative platforms.
OpenTable has not been involved in significant antitrust or regulatory controversies related to market dominance. However, the company's position as the largest restaurant reservation platform in North America has drawn scrutiny from restaurant industry advocates who argue that the platform's market power allows it to maintain fees that may not reflect competitive market conditions.
No direct competitors found in the same category. This could be because OpenTableoperates in a unique market segment or we're still building our competitor database.
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