Nightfood Holdings (OTCQB: NGTF), a hospitality technology company leveraging AI-powered robotics and strategic acquisitions to transform hotel operations, announced the closing of its $31 million share exchange agreement to acquire Victorville Treasure Holdings, LLC, owner of a 155-room Holiday Inn in Victorville, Calif. The deal marks Nightfood’s first completed hotel acquisition, with a second nearing completion, and establishes the Victorville property as the Company’s Robotics-as-a-Service innovation site. Initial automation solutions, including Skytech’s Laundry Helper robot, have already been deployed, with future phases to expand across housekeeping, foodservice, and front-of-house functions to create a scalable “Smart Hotel” model. CEO Jimmy Chan said the acquisition provides the foundation for Nightfood’s next-generation hospitality platform, positioning the Company at the forefront of AI-driven hotel operations.
To view the full press release, visit https://ibn.fm/pn7vh
About Nightfood Holdings, Inc. (OTCQB: NGTF)
Nightfood Holdings, Inc. is an emerging robotics company focused on developing and deploying AI-powered automation across industries. Hospitality is the Company’s first sector of entry, where its Robotics-as-a-Service (RaaS) platform addresses heavy-duty, repetitive, dirty, and injury-prone tasks that are increasingly difficult to staff with human labor. Nightfood’s long-term vision is to expand into additional verticals requiring similar automation solutions, delivering scalable robotics that improve safety, efficiency, and reliability across multiple sectors.
As part of its vertically integrated model, Nightfood is also strengthening its balance sheet through ownership of asset-rich real estate, beginning with hotel acquisitions that double as live deployment sites for robotics testing and operational benchmarking. This combined strategy of robotics innovation and real estate growth positions NGTF to capture market share in the rapidly expanding global service robotics industry, projected to exceed $170 billion by 2030.
NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF
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