Outstanding Q1 Success Positions Libro for Another Strong Year of Growth
21 Mayo 2024 - 6:30AM
Business Wire
Libro, a leading North American provider of innovative
restaurant management solutions, had an outstanding first quarter
in 2024, increasing quarterly revenue by 74% year-over-year, and
achieving the highest sales performance in company history. The
strong and successful start of FY2024 underscores the continued
momentum behind Libro’s turn-key Guest Experience Platform and
growing market position within the hospitality and restaurant
technology sector.
The company finished Q1 2024 with over 16 million guests seated
through its software platform, further highlighting Libro’s
expanding reach and influence in the market. The significant
company milestone, paired with the addition of over 180 merchant
locations, including Beba, Pearl Oyster Bar,
Noces de Columbia, Smitty’s and Turtle Jacks,
has Libro firmly positioned for another strong year of growth.
"As Libro continues to push boundaries within the restaurant
management technology landscape, we’re thrilled to see our platform
making tangible impacts across the industry, and empowering
merchants to run their operations more efficiently,” says Lorne
Schwartz, President of Libro. “The significant growth we've
experienced in the first quarter is a testament to our vision of
empowering merchants with digital tools that not only bring guests
back into the restaurant repeatedly, but also boost sales and
strengthen brand loyalty."
Also during the first quarter, Libro expanded its partnership
and integration ecosystem to include industry leaders Silverware
POS, The 15 Group, DYNE, and Back of
House. By building collaborative partnerships, Libro solidifies
its role as a pivotal player in the hospitality and restaurant
technology sector while providing customers with more value-added
tools, resources, and strategic support.
"Merchants of all sizes are experiencing the effective,
tangible, and measurable value Libro can offer in one convenient
platform,” says Schwartz. “Marketing to guests is crucial, but it
doesn’t have to be time-consuming or expensive to produce results
and fill more tables.”
About Libro
Libro is one of North America's leading online guest experience
solutions, providing restaurants with an affordable, fully branded
solution to fill tables, manage reservations, reduce no-shows,
engage customers, and elevate the overall guest experience. The
company's Software-as-a-Service (SaaS) platform empowers
restaurateurs to control the entire online reservation experience,
retain all customer information, and eliminate pricey commission
models that often come with third-party reservation sites.
Headquartered in Montreal, the Libro reservation platform is
utilized at over 3,000 locations across Canada, the United States,
and Europe. For more information, visit www.librorez.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240521316651/en/
Abby Chitester, VP Marketing at Libro
abby@librorez.com