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Automation and Nightfood Holdings Inc. (NGTF): The Key to Survival in the Hospitality Industry
November 15, 2024

Automation and Nightfood Holdings Inc. (NGTF): The Key to Survival in the Hospitality Industry

  • Automation solutions are transforming the $300 billion U.S. hospitality industry, from tasks to personalizing guest experiences
  • Nightfood Holdings, through its subsidiary Future Hospitality Ventures (“FHV”), is leading the charge in AI-powered hospitality solutions, aiming to enable hospitality operators to survive in a threatening environment
  • FHV is integrating AI and machine learning into the industry to streamline operations and deliver exceptional service, overcoming some of the industry’s top challenges

The hospitality industry is undergoing a radical transformation, forced upon it by the need to compete for survival. This revolution is driven by the rapid advancement of technological intelligence.

Many believe the benefits of AI are so profound, that only two types of hospitality operators will exist soon: Those that were early adopters, and those that are out of business.

One of the most significant applications of AI is its ability to automate routine tasks and improve efficiency. AI-powered bots can handle inquiries, freeing up staff to focus on more complex, human-like tasks. This technology can analyze vast amounts of data to identify trends and optimize pricing strategies, ultimately helping businesses from going under at such an early period.

Another key area where AI is making a difference is in personalization. By leveraging AI-powered CRM systems, businesses can gain a deeper understanding of their guests’ preferences and tailor their services accordingly. This can lead to increased customer satisfaction and loyalty, and ultimately long-term success. 

As this revolution plays out in real time, it’s crucial for these entrepreneurs to embrace AI technology before the industry moves on without them. By investing in AI-powered solutions, employers can stay competitive, improve efficiency in every region, and save their business.

The Evolving Landscape of Hospitality

The need to modernize has been fueled by labor shortages and rising costs plaguing the $300 billion U.S. hospitality industry. Nightfood Holdings (OTCQB: NGTF), through its subsidiary Future Hospitality Ventures (Future Hospitality), is pioneering Robots-as-a-Service (“RaaS”).

The hospitality industry is undergoing a tectonic shift. Future Hospitality is using automation to solve the labor crisis. The key is lowering barriers to entry for hospitality operators, allowing them to automate, survive and thrive.

Looking Ahead

Future Hospitality is actively collaborating with leading robotics providers to develop and deliver cutting-edge autonomous driven solutions. These collaborations are expected to yield industry-revolutionizing innovations that will forever alter the economic landscape of this industry.

Future Hospitality’s ambitious plans will focus initially on the popular Los Angeles area before expanding nationwide, bringing its novel solutions to hospitality venues across the country.

“The hospitality industry is at a technological crossroads where operators slow to adapt will be left behind,” said Sonny Wang, President of Future Hospitality. “We’ve seen similar patterns in other industries such as automotive, construction and real estate. This upheaval means tremendous opportunity for innovative solutions providers like Future Hospitality.”

When external forces and mega-trends force industry upheaval, windows of opportunity exist. The coming automation revolution is set to radically alter this $300 billion dollar industry.

For more information, visit the company’s website at NightfoodHoldings.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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