QualityStocksNewsBreaks – Nightfood Holdings Inc. (NGTF) Bringing RaaS Model to Hospitality Startups, Established Entities
Nightfood Holdings (OTCQB: NGTF) and its new subsidiary, Future Hospitality Ventures Holdings Inc., are making robotics accessible to hospitality operators, allowing them to tackle existential challenges head on. This comes as companies in the hospitality industry, whether startups or established entities, are fighting for their very survival amid rising labor costs, staff shortages and other massively disruptive employment trends. “The innovative Robots-as-a Service (‘RaaS’) business model employed by Future Hospitality allows operators big and small to implement needed automation technology with minimal upfront investment,” reads a recent article. “By allowing businesses to lease robots instead of buying them, these operators have…