Nightfood Holdings Inc (NGTF)

[Sputnik]

NGTF Reality! 380 hotels not 7,500! Go Sean, go! You da man!

Per $NGTF CEO Folkson:
“An estimated 20,000 hotels across the country sell ice cream in their lobby shops.

The reason we can expect hotels to roll Nightfood out aggressively is because hotels have an obligation to their guests to support and promote better sleep quality.

Supermarkets don't have that; hotels do. They've invested billions to support better sleep. They've upgraded bedding in their rooms and pillows and blackout shades and white noise machines. And now they can also support better sleep nutritionally,” Folkson said.

Nightfood’s goal is to be in over 7,500 hotel locations by next summer, which would clearly result in significant revenue growth and projected profit.

But there's more: “Compared to the supermarket vertical, the hotel business is higher margin with less competition. There are a lot of expenses at supermarkets that we don't have in hotels, such as slotting fees, consumer promotions and advertising