If EITHER of these two markets are disrupted, your market evaporates. Considering how popular food blogs and food trucks are becoming, I would not bank on this.
If EITHER of these two markets are disrupted, your market evaporates. Considering how popular food blogs and food trucks are becoming, I would not bank on this.
Other industries in the hospitality world have their own ways around this. Most hotels have 24-hour cancellation policies and airlines have dynamic pricing. This is a new one for the (fine) dining industry, and one that will likely spawn different models for different types of restaurants.
To assume that the real-estate market will suddenly become perfect is kinda ignorant considering how unscalable commercial real-estate is. And this product that they're claiming to make IS THE THING that will solve the local restaurant's demand management issue.
So what you've said basically is that IF unicorns exist OR their product doesn't work THEN they'll fail. ( A+B' = B')
Well I can remove a logic gate for you: IF their product doesn't work THEN they'll fail. (B')