19 January 2013

Bookingrid: at your service

We base our service on agreements with restaurants. Restaurants publish their offers in our system and entitle us to receive money for them. To make it possible, we strive to build open and straight relations with our partners.
We remove the risk that loyal customers pay extra for those who book and never show up. 

We plug the economic leverage which motivate restaurants to make offers to their customers. If you pay for your booking in advance, you’re rewarded because the restaurant eliminates the risk of no-show. Otherwise, customers eventually pay extra for those who book and never show up.

Also, if the restaurant charges higher prices for booking at busy times, it can offer lower prices during quieter times. Discount coupons are not suitable for this. With us restaurateurs can continuously vary prices to fill their dining halls.

With us restaurateurs can continuously vary prices to fill their dining halls, rather than discount their services.

With us restaurants do not drop the quality of their services. You receive more for the same money. 

The offer price - i.e. the price you have to prepay to make your booking - can be different from the price of the meal. The latter is the advertised price redeemable against the booked service, meal & drinks. Restaurateurs can easily vary the sums of required prepayments making them different from the advertised prices stated in the titles of their offers.


Fully booked? Again?!

Paying bookings with us, you can get - even at short notice - those tables which are fully booked otherwise.

This is an effect of variable pricing as well. 

We have agreed with all our partner restaurants that the entire advertised price is always deducted from the bill. This enables you to pay the bill decreased by the advertised price of your meal. Such deductible price is stated in the title of any paid offer. For instance, for ‘Dinner £100 for 2 at…’ the amount redeemable against the offered service, meal and drinks is £100. 

The advertised price - which is deductible from the bill - is stated in the title of an offer, e.g. ‘Dinner £100 for 2 at …’ 

When your reservation is prepaid, the restaurant does not limit the size, the amount, or the range of dishes or drinks available to you. Despite the fact that the price of your meal is stated in the title e.g. ‘Dinner £100 for 2 at…’, booking does not restrict you to any particular sum. You can eat and drink whatever you find in the menu. If your bill turns out greater than the advertised price which is included in the title of the offer, you just pay the remainder at the end.

Prepaid booking does not restrict you to any particular sum.
You can eat and drink whatever you find in the menu.

No matter how much you have prepaid for your booking, the extra payment, if any, is always calculated as a difference between the sum billed to you at the restaurant and the advertised price, stated in the title of your booking.
  • If the sum of your bill does not exceed the advertised price, you do not have to pay any extra money.
  • If the amount of your bill is greater than the advertised price, you should pay only the difference between the billed sum and the advertised price at the end. 

No matter how much you have prepaid for your booking, if the sum of your bill does not exceed the advertised price, you do not have to pay any extra money.

Posted by Sergey

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