Libro Surpasses 150 Million Diners Seated and Reports 70% Revenue Growth in Q1

Libro, an industry leader in online reservation management and diner engagement technologies, has surpassed seating more than 150 million diners across North America. In addition to this company milestone, Libro concluded Q1 2023 with an unprecedented 70% increase in revenue growth over last year.

"We're thrilled to say the Libro platform has now managed over 150 million active diners across North America," says Lorne Schwartz, President of Libro. "The fact that more and more restaurants across Canada are choosing Libro shows that we've hit a certain chord with restaurant owners. They want a powerful reservation tool that isn't cost prohibitive."

Throughout Q1, Libro increased its presence by 100% beyond its Québec borders with the addition of Missing Chopsticks in Vancouver, the Smitty's franchise in Manitoba, and multiple Toronto-based restaurants including Piper's Arms and Insomnia. On top of securing two of the top 10 new restaurants in Canada, the company welcomed Volante POS, The Manitoba Restaurant & Foodservice Association, BC Restaurant Association, Neighborhood Networks, and Talksoon to its growing network of industry partners.

"The company is well-positioned for the second half of the year," says Schwartz. "The new releases planned for Q3 will give the independent restaurants and chains we serve many more tools to better manage their reservations and increase their profitability at a very affordable price point."

About Libro

Libro is one of North America's leading online reservation management 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 in over 2,500 locations across Canada, the United States, and Europe. For more information, visit www.librorez.com.