Nightfood Holdings Inc. NGTF Archives - Page 5 of 13

MondayNov 04, 2024 8:00 am

Nightfood Holdings Inc.’s (NGTF) Subsidiary Fulfilling Existential Need Across Hospitality Ecosystem

Excessive operating costs contribute to high failure rate among new hospitality businesses, with many closing their doors within the first five years. The single biggest challenge for hospitality operators is 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. Starting a restaurant or hotel demands a substantial initial investment, creating significant barriers that many entrepreneurs find severe. However, those who fail to embrace automation face obsolescence in an increasingly cutthroat market. Integrating robotics in hospitality not only liberates businesses from extinction due…

ThursdayOct 31, 2024 2:28 pm

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

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…

FridayOct 25, 2024 10:30 am

Report: Robots Are Revolutionizing Hospitality; Nightfood Holdings Inc.’s (NGTF) Game-Changing Automation Gameplan Revealed

The International Federation of Robotics released its latest report on the state of the robotics industry, showing a 30% surge in sales in 2023 to over 205,000 units The surge aligns perfectly with Nightfood Holdings recent acquisitions focused on the booming robotics revolution in hospitality Nightfood acquired Future Hospitality Ventures earlier this year and is acquiring the world-renowned Los Angeles Cooking School, training chefs and foodservice operators in the implementation of robotics, supplied through an innovative “Robotics-as-a-Service” business model As hospitality businesses grapple with labor shortages and rising operational costs, a single stark reality has set in: automate or die.…

WednesdayOct 23, 2024 1:41 pm

QualityStocksNewsBreaks – Nightfood Holdings Inc. (NGTF) Positioned at Forefront of Innovation in Hospitality Sector

Nightfood Holdings (OTCQB: NGTF), a pioneer in the sleep-friendly nighttime snack market, invested aggressively in automation technologies, having identified the opportunity created by the recent and unprecedented increase in California’s minimum wage for foodservice workers. “This move positions Nightfood at the intersection of service and cutting-edge technology, reflecting an immediate industry shift towards automation as a necessity for survival… In the relentless battle for survival, there’s currently an ‘adapt or die’ environment. Companies like McDonald’s and Shake Shack are adapting by seeking solutions such as self-service order kiosks, robotic servers and food prep automation,” explains a recent article. “Nightfood understands…

ThursdayOct 17, 2024 9:45 am

Nightfood Holdings Inc. (NGTF) Acquisition Part of Strategic Growth, Uplisting Plan

Uplisting can provide improved liquidity, greater access to capital, enhanced corporate profile and the ability to attract institutional investors Nightfood’s recent acquisition of SWC Group “marks a pivotal moment in [our] growth and NASDAQ-uplist strategy,” the company stated Nightfood is focused on identifying and capitalizing on explosive market trends within the restaurant service and overall hospitality sector Uplisting to a national exchange, such as NASDAQ, is a significant milestone for many companies, symbolizing a major leap in their growth trajectory and enhancing their visibility and credibility in the financial markets. Nightfood Holdings (OTCQB: NGTF) recently took a significant step forward…

TuesdayOct 15, 2024 9:45 am

Nightfood Holdings Inc. (NGTF) Subsidiary Bringing Robotics and Automation Solutions to Sector Slammed by Labor Shortage

Chronic labor shortages in the hospitality sector force operators to adopt automated solutions Nightfood subsidiary offers key robotics and automation solutions designed to revolutionize both front-end and back-end operations within the hospitality industry Recent research released by the U.S. Chamber of Commerce indicated that the leisure/hospitality industry has been hit hardest by the country’s perpetual labor shortage. This shouldn’t surprise anyone who has eaten or traveled in recent years. The short staffing is hard to miss, as it’s crippling the guest experience and guest satisfaction ratings. Nightfood Holdings (OTCQB: NGTF) through its recently acquired subsidiary, Future Hospitality Ventures Holdings Inc.,…

FridayOct 11, 2024 1:02 pm

QualityStocksNewsBreaks – Nightfood Holdings Inc. (NGTF) Positioned at Forefront of Technological Advancements in Hospitality

Nightfood Holdings (OTCQB: NGTF) strategically entered the human assist solutions market by acquiring Future Hospitality Ventures, a pioneer in robotic solutions for the hospitality industry. The move has strategically positioned the company as a pioneer in Robotics-as-a-Service (“RaaS”). The RaaS model offers cost efficiency, scalability, flexibility, and simplified adoption, allowing food service and hospitality businesses to access cutting-edge service robots on a subscription basis. “Future Hospitality is growing its brand, RoboOp365, with innovative robotic solutions that solve the most critical challenges in the hospitality industry: labor shortages, rising operating costs and insatiable consumer demand for outstanding service experiences. This acquisition…

WednesdaySep 25, 2024 12:41 pm

QualityStocksNewsBreaks – Nightfood Holdings Inc. (NGTF) Broadening Operational Scope to Tap into New Revenue Streams, Diversify Portfolio

Nightfood Holdings (OTCQB: NGTF), a pioneer in providing sleep-friendly nighttime snacks, recently acquired Future Hospitality Ventures, marking a strategic pivot as it aggressively expands beyond the food sector and into the broader service industry. Specifically, the move is designed to exploit opportunities in the Robot-as-a-Service (“RaaS”) market. “The acquisition of Future Hospitality Ventures is a significant step for Nightfood as it broadens its operational scope,” a recent article reads. “This strategic alignment allows Nightfood to tap into new revenue streams and diversify its business portfolio. More importantly, the company is set to be a first mover in the massive foodservice…

WednesdaySep 25, 2024 10:30 am

Into Nightfood Holdings Inc.’s (NGTF) Hands: California Hospitality Companies Employ Automation in Fight for Survival Resulting from Hourly Wage Increase

California's recent minimum wage hike to $20 per hour has already driven many restaurants out of business Nightfood Holdings is capitalizing on this shift by diversifying with the acquisition of Future Hospitality Ventures Future Hospitality Ventures is an early entrant in the burgeoning Robotics-as-a Service market as billions of dollars shift from labor to automation in the coming years The recent and unprecedented increase in California's minimum wage for foodservice workers has forced every restaurant and hospitality business statewide to evaluate their future existence and viability. Acquisition and development company Nightfood Holdings (OTCQB: NGTF), a pioneer in the sleep-friendly nighttime…

ThursdaySep 19, 2024 2:57 pm

QualityStocksNewsBreaks – Nightfood Holdings Inc. (NGTF) Evolving into Multifaceted Entity with Diversification Strategy

Nightfood Holdings (OTCQB: NGTF) is actively pursuing diversification and expansion into new and emerging sectors. “Nightfood’s journey began with a simple yet compelling premise: address the growing nighttime snacking epidemic. The company’s flagship products – a line of sleep-friendly cookies – are formulated to minimize sleep disruption caused by unhealthy nighttime snacking and nutritionally support sleep quality… Nightfood isn’t content with simply offering snacks. Recent announcements highlight the company’s acquisition of Future Hospitality Ventures, a provider of automation and robotics technology for the hospitality and foodservice industry… This foray into robotics and AI signifies Nightfood’s ambition to become a solutions…

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