Most operators can name their best-selling dish in a heartbeat. Ask them to name their best guest and the room goes quiet.
They order the premium wine. They add the starter. They trust the dessert recommendation. They've stopped checking the prices, because they decided long ago this place is worth it. A regular isn't a discount-hunter to be managed. They're the highest-margin customer you have, and most restaurants treat them exactly like a stranger who wandered in off the street.
A first-time anonymous visitor averages a £28 check. A recognised regular averages £45. Visiting monthly, that regular is worth £540 a year. Lose them and you haven't lost one dinner. You've lost 18 to 20 times the value of a passing diner, and you'll spend real money acquiring a stranger to fill the seat they used to choose.
And it compounds in the other direction too.
Here's the uncomfortable part. Most operators can't tell you who their top 50 guests are, what they last ordered, or whether they've been in this quarter. The asset that drives 67% higher spend and up to 95% more profit is sitting in the building every night, and the business is structurally built to forget it by morning.

So the question was never whether guest data is valuable. The numbers settle that. The real question is why an industry that lives and dies on its regulars is still built to lose them.