At upmarket SF restaurant, non-refundable meal tickets help tackle no-shows

At upmarket SF restaurant, non-refundable meal tickets help tackle no-shows

financial-services-snapshot-cover
Enjoy this article? You may also be interested in our Financial Services Innovation Snapshot >>
ga('send', 'event', 'Financial Services', 'article', 'article-industry-impression', {nonInteraction: true});ga('send', 'event', 'Food & Beverage', 'article', 'article-industry-impression', {nonInteraction: true});

The way diners pay for a meal has remained largely unchanged in the last few decades — customers reserve a table for free, pay for what they order and leave a tip at the end. Startups such as Cover have previously aimed to shake up this model, with automatic payments that enable guests to simply eat and leave without waiting for the bill. Now San Francisco restaurant Coi is introducing a ticketing system for its reservations, enabling diners to pay a flat fee and managers to avoid the headache of cancellations.

financial-services-snapshot-cover
Enjoy this article? You may also be interested in our Financial Services Innovation Snapshot >>

Add to my folders:

Select any pre-existing folders to add the current post to. Posts will be added to a 'default' folder if nothing is selected.

Create a new folder (Optional)

Separate with commas to add multiple folders. The current post is automatically added to any new folders you create (e.g. my new folder, my second folder).

Add

Remove from my folders

Below is a list of folders where the current post appears in. Select the folder you wish to remove it from.

Update