Future Hospitality Ventures and Bear Robotics Partner to Revolutionize US Hospitality with AI-Powered Automation
Future Hospitality Ventures Holdings (NGTF) has announced an exclusive partnership with Bear Robotics to implement AI-powered automation solutions in the U.S. hospitality industry. The collaboration, starting in Greater Los Angeles with plans for nationwide expansion, will introduce Bear Robotics' 'Servi' robot to optimize operations in hotels, restaurants, and event spaces. The initiative aims to address labor shortages and rising operational costs while enhancing guest experiences. The global hospitality robotics market is projected to exceed $3 billion by 2027, with a CAGR of 15.8%.
Future Hospitality Ventures Holdings (NGTF) ha annunciato un partenariato esclusivo con Bear Robotics per implementare soluzioni di automazione alimentate da AI nell'industria dell'ospitalità negli Stati Uniti. La collaborazione, che inizia nella Grande Los Angeles con piani di espansione nazionale, introdurrà il robot 'Servi' di Bear Robotics per ottimizzare le operazioni in hotel, ristoranti e spazi per eventi. L'iniziativa mira a risolvere le carenze di manodopera e l'aumento dei costi operativi, migliorando al contempo l'esperienza degli ospiti. Si prevede che il mercato globale della robotica per l'ospitalità supererà i 3 miliardi di dollari entro il 2027, con un tasso di crescita annuo composto (CAGR) del 15,8%.
Future Hospitality Ventures Holdings (NGTF) ha anunciado una asociación exclusiva con Bear Robotics para implementar soluciones de automatización impulsadas por AI en la industria de la hospitalidad en EE.UU. La colaboración, que comienza en el Gran Los Ángeles con planes de expansión a nivel nacional, introducirá el robot 'Servi' de Bear Robotics para optimizar las operaciones en hoteles, restaurantes y espacios para eventos. La iniciativa tiene como objetivo abordar la escasez de mano de obra y el aumento de los costos operativos, al mismo tiempo que mejora la experiencia de los huéspedes. Se espera que el mercado global de robótica en la hospitalidad supere los 3 mil millones de dólares para 2027, con una tasa de crecimiento anual compuesta (CAGR) del 15,8%.
Future Hospitality Ventures Holdings (NGTF)는 미국 환대 산업에 AI 기반 자동화 솔루션을 구현하기 위해 Bear Robotics와 독점 파트너십을 발표했습니다. 이 협업은 그레이터 로스앤젤레스에서 시작되어 전국으로 확장할 계획이며, Bear Robotics의 'Servi' 로봇을 도입하여 호텔, 레스토랑, 이벤트 공간의 운영을 최적화할 것입니다. 이 이니셔티브는 인력 부족과 증가하는 운영 비용 문제를 해결하면서 고객 경험을 향상시키는 것을 목표로 하고 있습니다. 전 세계 환대 로봇 시장은 2027년까지 30억 달러를 초과할 것으로 예상되며, 연평균 성장률(CAGR)은 15.8%입니다.
Future Hospitality Ventures Holdings (NGTF) a annoncé un partenariat exclusif avec Bear Robotics pour mettre en œuvre des solutions d'automatisation alimentées par l'IA dans l'industrie de l'hospitalité aux États-Unis. La collaboration, qui commence dans la grande région de Los Angeles avec des projets d'expansion à l'échelle nationale, introduira le robot 'Servi' de Bear Robotics pour optimiser les opérations dans les hôtels, restaurants et espaces événementiels. L'initiative vise à répondre aux pénuries de main-d'œuvre et à la hausse des coûts opérationnels tout en améliorant l'expérience des clients. Le marché mondial de la robotique dans l'hospitalité devrait dépasser 3 milliards de dollars d'ici 2027, avec un taux de croissance annuel composé (CAGR) de 15,8 %.
Future Hospitality Ventures Holdings (NGTF) hat eine exklusive Partnerschaft mit Bear Robotics angekündigt, um KI-gesteuerte Automatisierungslösungen in der US-Hotellerie zu implementieren. Die Zusammenarbeit, die im Großraum Los Angeles beginnt und nationale Expansion plant, wird den 'Servi'-Roboter von Bear Robotics einführen, um die Abläufe in Hotels, Restaurants und Veranstaltungsräumen zu optimieren. Die Initiative zielt darauf ab, Arbeitskräftemangel und steigende Betriebskosten zu adressieren, während gleichzeitig das Gästeerlebnis verbessert wird. Der globale Markt für Robotik in der Hotellerie wird voraussichtlich bis 2027 3 Milliarden Dollar übersteigen, mit einer jährlichen Wachstumsrate (CAGR) von 15,8%.
- Strategic partnership with Bear Robotics positions FHV in the growing hospitality robotics market
- Potential market opportunity in a sector projected to reach $3 billion by 2027
- Technology implementation aimed at reducing operational costs and labor challenges
- None.
LOS ANGELES, Nov. 19, 2024 (GLOBE NEWSWIRE) -- via IBN – Future Hospitality Ventures Holdings Inc. ("FHV"), a subsidiary of Nightfood Holdings, Inc. (OTCQB: NGTF), is proud to announce an exclusive partnership with Bear Robotics Inc., a global leader in AI-driven automation solutions. This collaboration marks a major milestone in FHV's mission to redefine the U.S. hospitality industry, beginning in Greater Los Angeles and with plans to expand nationwide.
“FHV is committed to advancing innovation within the hospitality sector. Our partnership with Bear Robotics will redefine operational efficiency and service delivery, setting new standards for the industry,” said Sonny Wang, President of Future Hospitality Ventures Holdings Inc. “We look forward to implementing these AI-powered solutions in a dynamic and evolving market.”
Redefining Hospitality with AI-Powered Robotics
As the hospitality industry grapples with labor shortages, rising operational costs, and an increasing demand for seamless guest experiences, FHV, in partnership with Bear Robotics, is taking proactive steps to address these needs. The introduction of AI-powered service robots, including Bear Robotics' flagship "Servi" robot, will optimize operations in hotels, restaurants, and event spaces, allowing staff to focus on enhancing the guest experience.
“Partnering with Future Hospitality Ventures provides us with an excellent opportunity to scale our technology in a region that fosters innovation,” said Vincent Li, Director, Channel Partnerships at Bear Robotics. “We are excited to introduce our AI-powered robotic solutions to the Los Angeles market, where we expect to see significant improvements in operational efficiency and customer engagement. As we move forward, FHV invites investors to join us in leading the transformation of the hospitality industry. Further updates will be provided as we continue to expand our initiatives.”
Positioning for Growth in a Fast-Expanding Market
This partnership strategically positions FHV to capture a substantial share of the growing hospitality robotics market. With Los Angeles as the launchpad and plans to expand nationwide, FHV aims to drive the AI-powered transformation of the U.S. hospitality sector, offering unique value to stakeholders and investors.
Industry reports project the global hospitality robotics market to exceed
Market Impact: AI-Driven Transformation
Bear Robotics' AI-powered solutions are designed to reduce labor strain and ensure consistent, high-quality service across hospitality venues. This partnership allows FHV to deploy these transformative technologies at scale, driving new revenue streams and enhancing profitability across its portfolio.
About Nightfood Holdings, Inc.
Nightfood Holdings, Inc. (OTCQB: NGTF) is a forward-thinking holding company focused on identifying and capitalizing on high-growth opportunities in the hospitality, food services, consumer packaged goods, and commercial real estate sectors. Known initially for its innovative sleep-friendly snack brand, Nightfood, the company has expanded its portfolio through strategic acquisitions, including Future Hospitality Ventures Holdings Inc. (FHV) and Carryoutsupplies.com, to leverage the convergence of technology, automation, and food service operations.
At the forefront of deploying AI-enabled robotics and wellness-oriented consumer products, Nightfood Holdings is committed to revolutionizing operational efficiencies and enhancing customer experiences. By aligning with transformational market trends, the company aims to deliver significant value and long-term growth for its shareholders.
About Future Hospitality Ventures Holdings, Inc.
Future Hospitality Ventures Holdings Inc. (FHVH) is a leader in AI-enabled robotic solutions dedicated to addressing labor challenges and enhancing service quality in the hospitality industry. A subsidiary of Nightfood Holdings Inc., FHVH leverages cutting-edge automation and AI-technology to streamline operations and elevate guest experiences.
About Bear Robotics
Founded in 2017, Bear Robotics manufactures self-driving indoor robots to assist employees on daily tasks that can ease their workload. The Company’s flagship Servi robots have been deployed in hospitality, healthcare, retail, logistics and multi-story real estate venues in North America, Europe, and Asia. For additional information, please visit: www.BearRobotics.ai.
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Forward-Looking Statement Disclaimer
This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties. Forward-looking statements can be identified through the use of words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "guidance," "may," "can," "could," "will," "potential," "should," "goal" and variations of these words or similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect Nightfood’s current expectations and speak only as of the date of this release. Actual results may differ materially from Nightfood’s current expectations depending upon a number of factors. These factors include, among others, adverse changes in general economic and market conditions, competitive factors including, but not limited to, pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, and risks associated with managing the growth of the business. Except as required by law, Nightfood does not undertake any responsibility to revise or update any forward-looking statements whether as a result of new information, future events or otherwise. More detailed information about Nightfood and the risk factors that may affect the realization of forward-looking statements is set forth in Nightfood’s filings with the Securities and Exchange Commission (“SEC”). Investors and security holders are urged to read these documents free of charge on the SEC's website at http://www.sec.gov.
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FAQ
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