InvestorNewsBreaks – Nightfood Holdings Inc.’s (NGTF) RaaS Model – A Lifeline for the Hospitality Space

November 27, 2024 13:44:00

Nightfood Holdings (OTCQB: NGTF) is positioned to meet the growing needs of the hospitality sector, which is facing its biggest challenges of skyrocketing labor costs and an inability to find available, reliable employees. Nightfood Holdings’ Future Hospitality Venture’s Robotics-as-a-Service model enables businesses a lifeline in the rapidly changing environment.

“Robotics-as-a-Service (‘RaaS’) enables businesses to adopt robotics without excessive upfront expenses. With RaaS, businesses lease or subscribe to their automation solutions, paying a monthly or usage-based fee rather than buying the expensive equipment outright. This model allows businesses to access the benefits of robotics while maintaining liquidity and their overall livelihood,” reads a recent article. “Recently, Future Hospitality launched a line of robotic solutions targeting smaller operators, including restaurants and hotels. The company’s highly profitable RaaS business model integrates automation systems that are designed to seamlessly plug into existing operations, allowing businesses to automate customer service and back-end processes. This technology can be especially transformative for smaller businesses struggling with tight margins, as robots can perform repetitive tasks consistently and cost-effectively.”

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About Nightfood Holdings Inc.
Nightfood is a forward-thinking holding company dedicated to identifying and capitalizing on explosive market trends within the hospitality, food services, consumer packaged goods and commercial real estate sectors. The company’s mission is to create unparalleled upside potential in industries ripe for innovation and growth by leading newly emerging categories and seizing opportunities in markets undergoing transformational upheaval. Nightfood is at the forefront of introducing and deploying artificial intelligence-enabled robotics products, revolutionizing operational efficiencies and customer experiences across the company’s focus areas. Additionally, the company is committed to developing and marketing wellness-focused consumer packaged goods, meeting the growing demand for healthier and functional options. Through these strategic initiatives, Nightfood endeavors to drive significant value and growth for its stakeholders. For more information, visit the company’s website at www.NightFood.com.

NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF

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