Beautiful restaurants of the world
A modern person, an Instagram child, pays attention not only to the tasty menu, but also to the stylish atmosphere. We tell you where are the most beautiful oyster and…

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Michelin-starred Barcelona restaurants
The Spaniards are great lovers and connoisseurs of good cuisine, the blessing of the climate, the sea and traditions give them a unique feast culture, joyful, bright, with intense tastes…

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Da Vinci Fish Club - a gourmet temptation
Luxurious interior, high-class service and exquisite delicacies of fish and seafood, delicious pastas and pizza of the chic Italian restaurant Da Vinci Fish Club do not leave anyone indifferent to…

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The best restaurants in Poltava: where to eat
The best restaurants in Poltava: where to eat We live in an incredibly diverse multinational and multicultural country - it is worth driving 500 km away from the capital, and…

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How do reviews on the Internet affect the restaurant's revenue?
American economists have found that raising the restaurant’s rating even by a half a point on a five-point scale significantly increases the number of visitors. This is what every restaurateur…

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How do reviews on the Internet affect the restaurant’s revenue?

American economists have found that raising the restaurant’s rating even by a half a point on a five-point scale significantly increases the number of visitors.
This is what every restaurateur (and even more widely: any business owner in the service sector) knew even before the Internet era: bad reviews reduce the number of customers and reduce the amount of revenue, and good reviews – vice versa.
However, not all owners of such businesses today realize how important the ranking of a place among Internet users is for the success of an enterprise.
Nowadays, when, when thanks to technology, everyone can become a critic, ratings have become more important than ever.
The work of two Californian economists, Michael Anderson and Jeremy Magruder, published in the September issue of Economic Journal, is the first attempt to trace the relationship between the Internet rating and the decision to buy or visit a place. Continue reading

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6 of the highest restaurant in the world
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