Daily Newsletter

18 January 2024

Daily Newsletter

18 January 2024

Tock launches Multi Experience Tables solution for hospitality trade

The platform includes reservation, waitlist and table management capabilities.

Umesh Ellichipuram January 18 2024

Tock, a provider of technological solutions for the hospitality industry, has launched its Multi Experience Tables solution.

The feature assists restaurants in driving greater profitability by offering diverse dining experiences at the same table.

Tock's Multi Experience Tables will enable restaurants to provide guests with unique experiences while marketing the same table for different occasions or standard reservations.

Its flexibility will allow restaurants to optimise their seating arrangements and capitalise on the experiences that sell best.

Multi Experience Tables will make it simpler for restaurants to assign varying experience options to a single table.

This functionality will maximise revenue and ensure that popular offerings are always available to guests.

Tock's platform, which includes reservation, waitlist and table management capabilities, will help hospitality businesses increase revenue, boost the number of covers and maintain a loyal guest base.

The company highlights that to date, it has generated more than $2.25bn in total revenue for its partners.

Tock head Matthew Tucker said: “Today's guests are more intentional in seeking unique and personalised dining experiences.

“Our restaurant partners are very creative in the experiences they offer on Tock and have learned to turn every square foot of their dining room into a monetisable experience.

“With Multi Experience Tables, restaurants now have even more ways to experiment with what appeals most to their guests. This is something our partners have been asking for and we are proud to be the first to bring this to the industry.”

Ella Elli, a California-meets-Mediterranean restaurant in Chicago, is one of Tock's restaurant partners.

Ella Elli food and beverage vice-president Dan Harris said: “Our experiential offering has grown into an integral part of our brand, allowing us to extend our reach beyond the traditional dining experience and offer new ways to drive consistent sales during a time and day when our restaurant was not even open otherwise.”

Western Europe foodservice market dynamics

The total revenue of the Western European foodservice profit sector totaled $685.3 billion in 2022, having declined at a negative CAGR of 2.4% during 2017–22. In 2022, FSR was the largest foodservice channel, with a value share of 25.9%, followed by QSR. However, the region’s foodservice sector is poised to bounce back as it is forecasted to register a CAGR of 8.1% by 2027.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close