InvestorNewsBreaks – Nightfood Holdings Inc. (NGTF) Subsidiary Leveraging RaaS Model to Solve Challenges in Leisure/Hospitality Space

October 31, 2024 13:30:00

Nightfood Holdings (OTCQB: NGTF),through its recently acquired subsidiary, Future Hospitality Ventures Holdings Inc., is solving an industry-wide problem in leisure/hospitality. While the sector has been devastated by the country’s perpetual labor shortage, NGTF is positioned with plug-and-play robotics and solutions that enhance service efficiency and consistency.

“By 2030, the market for professional service robots is expected to reach $170 billion, overtaking the demand for traditional industrial robots,” reads a recent article citing a report by AZ Robotics. “This growth will be driven by factors such as demographic shifts, labor shortages and an increasing focus on efficiency and automation… Nightfood’s Future Hospitality is pioneering the emerging Robots-as-a-Service (‘RaaS’) business model, solving both front-end and back-end challenges for labor-strapped operators. The company’s advanced serving robot works alongside front-end wait staff to ensure faster and more reliable service, streamlining service delivery, minimizing wait times, reducing human errors and enhancing guest experiences. On the back end, smart cooking bots support chefs and food prep staff, ensuring consistent food quality and enabling more efficient food prep and inventory management.”

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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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