Toast Inc (NASDAQ:TOST) shares are trading higher by 5.15% to $22.98 Monday afternoon after the company announced an agreement with Marriott International, Inc. (NASDAQ:MAR) to make its Toast for Hotel Restaurants technology available to food and beverage outlets within Marriott's Select service hotels in the U.S. and Canada.

What Else?

Toast for Hotel's technology is designed specifically for hotel restaurant operators and offers seamless integration with leading hotel property management systems (PMS).

It aims to enhance the hospitality experience by optimizing food and beverage operations and providing a more efficient and streamlined experience for staff and guests.

Aman Narang, COO and Co-Founder of Toast, expressed enthusiasm for offering innovative solutions across various service models within Marriott's Select service properties to enhance the overall staff and guest experience.

According to data from Benzinga Pro, TOST has a 52-week high of $26.04 and a 52-week low of $12.15.