Re:New York Restaurants Fight Back Against Reservations by Bots
by eternauta3k on Friday November 10, 2023 @02:15PM
(#38223178)
Auction them off :)
Re:New York Restaurants Fight Back Against Reservations by Bots
by 1_1xdev1 on Friday November 10, 2023 @08:00PM
(#38226527)
On Resy, at least, there is not dynamic pricing (though, in theory, restaurants can apply different deposit/cancel fees to different "reservation types", or different days. But nothing dynamic based on demand or anything)
Re:New York Restaurants Fight Back Against Reservations by Bots
by justinlkarr on Friday November 10, 2023 @10:16PM
(#38227331)
This is interesting. Are there restaurants doing this kind of variable pricing?
I bet there are some eager GMs thinking about it.
I'm not aware that there is variable or dynamic pricing component to it, however. That's a great idea and something I bet they are considering.
In practice, dynamic pricing it is not a panacea. You still need to beat the arbitrage market. Charge too much: customers don't reserve. Charge too little: brokers snap it up.