The most popular choices are ice cream, cookies, chips, and candy. Over 80% of Americans snack regularly at night, resulting in an estimated 700 million nighttime snack occasions weekly, and an annual spend on night snacks of over $50 billion. Nightfood is pioneering the nighttime snack category. We anticipate that securing this coast-to-coast distribution will allow us to rapidly add more hotels to our distribution roster, while also serving as an effective deterrent and defensible competitive advantage against competitors that may wish to enter the sleep-friendly snacking category as we grow it.” Our goal is for Nightfood snacks, in multiple formats, to be sold in every hotel. We expect availability of sleep-friendly snacks to become hotel industry standard. But we believe that it’s also just the start. This is the result of years of hard work. There are tremendous barriers to breaking into national distribution in the hospitality space for a young brand. The Company also is in the process of developing additional snack formats such as cookies and single-serve ice cream sandwiches that it hopes to be able to add to national distribution in the coming months.įolkson continued, “These first purchase orders are so important for reasons beyond our imminent launch into our first major chain. We look forward to proudly sharing more details after Nightfood is available in their locations across the United States.”īecause of the high-margin nature of hotel distribution, Management believes profitability can be achieved when Nightfood ice cream pint distribution reaches approximately 4,000 hotels, which is approximately 7 percent of the estimated 56,000 hotels in the United States. “I believe hotels have an inherent obligation to make sleep-friendly snacks available for their guests every night and in every location, and this launch of Nightfood is truly breaking new ground. “We’re excited to finally be entering national hotel distribution as a result of our successful pilot test last year,” commented Nightfood CEO, Sean Folkson. The purchase orders include two of Nightfood’s most popular ice cream flavors, Cookies n’ Dreams, and Midnight Chocolate. Nightfood expects additional purchase orders to complete the national rollout in the coming days, with the ice cream scheduled to be in the hotel chain’s freezers coast-to-coast in May. (OTCQB: NGTF), the sleep-friendly snack company addressing the $50 billion Americans spend annually on nighttime snacks, announced it has received its first purchase orders for the national rollout of Nightfood ice cream pints into a major extended-stay hotel chain with approximately 500 locations in the United States. TARRYTOWN, NY, Ap(GLOBE NEWSWIRE) - via NewMediaWire - Nightfood Holdings, Inc. Sleep-friendly Ice Cream Launching Nationally in Major Extended-Stay Hotel Chain
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