April 20th 2016, Bangkok – Thailand’s number one restaurant reservation platform Eatigo’s Co-founder and CEO Michael Cluzel (back row, second right) was a keynote speaker and a panelist at the Thailand Startup Summit 2016 held recently at the Rembrandt Hotel.
Michael pointed out that Eatigo is the world’s first online yield management platform for the F&B industry and the only restaurant booking app of its kind in Thailand and Singapore, where no coupons or credit card information is required. Users need to just download the app the app or go to the website, pick a restaurant of choice, select the discount and the booking is done.
Founded in 2013 by entrepreneurs of diverse nationalities (German, French, Singaporean, Indian and Thai), Eatigo aims to connect empty stomachs to empty tables. Via its website, Iphones and android applications, Eatigo serves up time based discounts of up to 50% for all participating restaurants, every day at over 500 of the most popular dining venues in Bangkok, Pattaya and Singapore.
It has seated over 1 million diners up to date.
The discounts apply to every food item on the menu and can be booked at no cost whatsoever online without any credit card information or printing of coupons. Restaurants join Eatigo in order to fill up their empty seats in off-peak hours and increase their profitability because Eatigo ensures they turn a profit on every single available table.
Eatigo’s business model effectively takes the tried and tested yield management principles of charging different prices at different times used successfully in the travel and hotel industries and apply them to the F&B sector.