A pre-paid ticketing system could make this problem worse because there is no "cue" as it were. At least a bill being placed on the table, paid, and then picked up later by the server. Having the bill picked up by the server is, ostensibly, the last interaction aside from refilling the water.
Of course, tickets could get handled in some special way like being redeemed at the end of the meal, or the ticket pays for the core meal, and a separate bill is given for drinks and extras not handled by the ticket.
For the non-high-end, non-pre-fixe market, the ticket is normally a deposit on the meal price, so you'd still have to settle the remainder of the bill when you're finished.
Or maybe some minty breath freshener.
Or maybe some coffees.
Social cues do not have much to do with the money exchanging hands.
> The system also allows for different kinds of tickets, allowing for variable pricing. (Most restaurants are not prix fixe and will sell tickets as down payments on a meal as opposed to a full prepay.)
I've long felt that if you're not on time for your reservation then you get sidelined and accommodated when it is convenient for the restaurant. I understand things happen but unless you call in advance and explain that you're going to be late then you're really just not respecting the restaurant's time and they should not have any obligation to you.
I know there is an app for everything, but making a call is 1000 better than using any app at the moment.
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')