Pay-in-Advance Meals

by RaeAnne Marsh

Toc-tickRestaurants are starting to use technology to cut their losses from reservation no-shows through a ticketing system similar to that for theater performances, pioneered in 2011 by Nick Kokonas; diners will not be able to change reservations or get refunds, but can give their reservation to someone else. Kokonas’s “Tock” also provides restaurants with other commercial business inventory options.

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