Airbnb enters restaurant reservation business
[NEW YORK] Rent-a-room giant Airbnb is now in the restaurant reservation business, hoping to provide customers with a memorable meal before they drift off in their home away from home.
The travel accommodations startup that launched in 2008 has teamed up with Resy, which will be a minority shareholder in the new venture, to offer table reservations at 700 restaurants in 16 US cities.
"They make world class restaurant software, and we don't necessarily want to go in that business," Airbnb executive Joe Zadeh said.
"We don't want to put every single restaurant on our platform. We just want to put the ones that travelers should go to," he explained.
Asked about the deal's financial details, Mr Zadeh did not elaborate.
But Airbnb "is building a travel platform".
"We always want to be seen as a force for good in the community," he said, adding: "We have the opportunity to fill seats when they need business."
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
HCA beats first-quarter profit estimates on higher patient admissions
US FDA approves Pfizer’s gene therapy for rare bleeding disorder
EU toughens rules on Chinese fashion retailer Shein
Best World under fire from shareholders at AGM over dividends, director salaries
‘Extreme’ climate blamed for world’s worst wine harvest in 62 years
Sheng Siong Q1 net profit up 9.3% on higher revenue