Tuesday, 02 January 2024 12:17 GMT

The Hidden Revenue Drain In Hospitality-And How AI Robotics Is Finally Closing The Gap


(MENAFN- Investor Brand Network) AINewsWire Editorial Coverage: In high-traffic venues such as stadiums, convention centers, airports and other live-event locations, staffing challenges have evolved into a direct constraint on revenue generation. Ongoing labor shortages across hospitality and food service are colliding with elevated consumer demand, resulting in longer wait times, slower transaction flow and missed sales opportunities during peak usage windows. Employment data continues to reflect persistent hiring shortfalls and elevated turnover within leisure and hospitality roles. In addition, industry research increasingly points to automation and service robotics as the most scalable operational response, moving beyond limited pilot programs into fully deployable systems that expand throughput without increasing headcount. This shift underpins the strategy of Nightfood Holdings Inc. (NGTF) (Profile ), which is developing a hospitality-centered AI robotics platform through its TechForce Robotics subsidiary, aimed at helping venues recover lost revenue, accelerate service delivery and maintain consistency during peak demand. The company is part of a broader wave of AI and robotics innovation alongside leaders such as Microsoft Corp. Alphabet Inc. Meta Platforms Inc.

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