AccorHotels buys reservation platform ResDiary

ResDiary's yield and channel management tools help restaurateurs maximize revenues. Photo credit: ResDiary

Accorhotels acquired Glasgow-based ResDiary, a restaurant reservation and table management platform, for an undisclosed amount.

ResDiary provides venues with a high-end table management solution, using technology that optimizes their food and beverage revenues and helps control operational costs. Its yield and channel management tools help restaurateurs maximize revenues, while limiting booking fees by controlling availability displayed on third-party channels.

Established in Glasgow in 2004, the company now has more than 100 staff based in six countries. ResDiary is well-established in the Asia Pacific region and the UK, and has a footprint in 60 countries globally, seating 166 million diners a year in more than 8,600 venues. The company has generated profits for six years.

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“Our ambition is to support ResDiary in its global expansion, consolidating its scale, and benefitting from its expertise to provide multiple attractive offers to our guests,” AccorHotels chairman and CEO Sébastien Bazin said in a statement. “This acquisition completes recent investments of AccorHotels in the food and beverage industry. It fully supports the group’s ambition to increase touchpoints with a fast-growing customer base.”