Toast platform approved for Marriott Select service hotels in U.S., Canada

Toast (TOST) shares are higher after the company announced earlier an agreement with Marriott International (MAR) to make its Toast for Hotel Restaurants technology available to food and beverage outlets within Marriott’s Select service hotels in the United States and Canada. “Forward-thinking hotel companies like Marriott want a curated food and beverage experience to be innovative, fully integrated with hotel operations, and easy to adopt for franchisees-while maintaining efficiency and scalability across brands and geographies. We’re honored to offer our innovation across a variety of service models, including full-service, quick-service, poolside and in-room dining, to Marriott’s Select service properties, and enhance hotels’ staff and guest experience,” said Aman Narang, COO and Co-Founder of Toast. In Monday afternoon trading, Toast shares have advanced $1.23, or about 6%, to $23.09.