Nightfood Secures "Recommended Brand" Status With Remington Hotels
Nightfood Holdings, Inc. (OTCQB: NGTF) has been recognized as a recommended brand by Remington Hotels, which manages 121 properties across 28 states. The company is set to roll out its sleep-friendly ice cream pints in these hotels, enhancing the snack options available in lobby grab-and-go shops. Initial purchase orders have been secured, with national wholesale distribution expected by early May. The partnership aims to establish Nightfood as a standard offering in the hospitality industry, emphasizing guest satisfaction and promoting better sleep through healthier snacking.
- Nightfood's ice cream pints will be available in 121 hotels managed by Remington Hotels, enhancing brand visibility.
- Initial purchase orders are confirmed, indicating strong interest and demand from the hospitality sector.
- National wholesale distribution planned for early May, facilitating broader market access.
- Actual market acceptance and sales projections remain uncertain, posing risks.
Nightfood Recommended to 121 Portfolio Properties Including Beverly Hills Marriott, Hilton Boston Back Bay, and Crowne Plaza Key West
TARRYTOWN, NY, April 22, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Nightfood Holdings, Inc. (OTCQB: NGTF), the sleep-friendly snack company addressing the
Nightfood has received initial purchase orders for the national rollout of Nightfood ice cream pints into hotels across the country, and is on schedule to be in national wholesale distribution in early May. Remington Hotels is recommending Nightfood’s sleep-friendly ice cream to its portfolio hotels for inclusion in their lobby grab-and-go shops.
Remington Hotels is a dynamic and growing hotel management company which manages 121 hotels across 28 states, representing 25 brands. Their properties include the Beverly Hills Marriott, the Hilton Boston Back Bay, the Crowne Plaza Key West, and the Hyatt Regency Long Island.
“We’re delighted to announce our relationship with Remington,” commented Nightfood CEO, Sean Folkson. “We expect to establish many similar arrangements in the coming months as we expand our distribution, but only one can be the first. Remington’s forward-thinking philosophy and powerful focus on guest satisfaction inspired them to lead the way in the hospitality industry adoption of sleep-friendly snacks for hotel guests.”
Nightfood’s relationship with Remington was facilitated by iDEAL Hospitality Partners Group.
“The feedback we’re getting from the management companies has been very strong as we embark on what we believe will be rapid penetration throughout the industry,” remarked Jill Rigsbee, CEO of iDEAL. “With an eye on our goal of making sleep-friendly snacks hotel industry standard, the support and endorsement of an industry standout like Remington is invaluable.”
“We know how critical a good night of sleep is to our guests,” added Richard Garcia, Remington Hotel’s Senior Vice President of Food & Beverage. “We also understand the important role our grab-and-go shops play in guest satisfaction. We’re excited about the opportunity to provide our guests with delicious, sleep-friendly versions of their favorite snacks.”
About Nightfood
Nightfood is pioneering the nighttime snack category.
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Nightfood’s sleep-friendly snacks are formulated by sleep and nutrition experts to contain less of those sleep-disruptive ingredients, along with a focus on ingredients and nutrients that research suggests can support nighttime relaxation and better sleep quality.
Questions can be directed to investors@Nightfood.com
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About Remington Hotels
Remington is a dynamic and growing hotel management company providing top quality service and expertise in property management. Founded in 1968, the hospitality group has grown into a strong, industry-leading service provider and today manages 121 hotels in 28 states across 25 brands, including 12 independent and boutique properties. At Remington, we believe that our people are the ultimate source of our competitive advantage. We are proud of our reputation for consistently delivering outstanding results to owners and investors, as well as to our brands, guests, and associates. As a result of our success, Remington has become the place where passionate people thrive. Visit RemingtonHotels.com to learn more.
About iDEAL Hospitality Partners Group
iDEAL Hospitality Partners Group, based in Wake Forest, North Carolina, provides outsourced marketing and business development services for companies eager to grow sales in the hospitality sector. The iDEAL team knows the key decision makers and stakeholders that consider and purchase products for all areas of a hotel or resort. Through long-standing relationships with hotel owners and management companies, the iDEAL team presents client’s innovative and unique products and services for the lodging industry to hotels and resorts throughout North and Central America and in the Caribbean.
Forward-Looking Statements:
This current press release contains "forward-looking statements.” Statements in this press release which are not purely historical (including, but not limited to statements that contain words such as “will,” “believes,” “plans,” “anticipates,” “expects” and “estimates”) are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, sales projections, potential customers, any products sold or cash flow from operations.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, (a) the inherent uncertainties associated with distribution of our products, (b) the market acceptance of our products at all levels of distribution and sale, including retail purchasers, wholesalers and hotel chains, (c) the success and commitment of our distribution partners to access distribution channels and successfully engage with sellers of our products, including, supermarkets and hotel chains, and our success in obtaining purchase orders from hotel chains, supermarkets and others, (d) competition from existing and new companies and products and (e) difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time to time with the Securities and Exchange Commission.
Media Contact:
Simon Dang
simon@nightfood.com
718-635-2949
Investor Contact:
Stuart Smith
SmallCapVoice
investors@nightfood.com
888-888-6444, x3
FAQ
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