Nightfood Holdings Acquires $31 Million Holiday Inn Property to Launch AI-Driven Hospitality Platform

September 3rd, 2025 3:14 PM
By: Newsworthy Staff

Nightfood Holdings has completed a $31 million acquisition of a California Holiday Inn to establish its first robotics-as-a-service innovation site, positioning the company at the forefront of AI-driven hotel automation.

Nightfood Holdings Acquires $31 Million Holiday Inn Property to Launch AI-Driven Hospitality Platform

Nightfood Holdings Inc. (OTCQB: NGTF) has closed a $31 million share exchange agreement to acquire Victorville Treasure Holdings, LLC, owner of a 155-room Holiday Inn property in Victorville, California. This acquisition represents Nightfood's first completed hotel purchase and establishes the Victorville location as the company's Robotics-as-a-Service innovation site, marking a significant milestone in the company's strategy to transform hotel operations through AI-powered automation.

The acquisition provides the foundation for Nightfood's next-generation hospitality platform, positioning the company at the forefront of AI-driven hotel operations. Initial automation solutions, including Skytech's Laundry Helper robot, have already been deployed at the property. Future phases will expand automation across housekeeping, foodservice, and front-of-house functions to create a scalable Smart Hotel model that addresses heavy-duty, repetitive, and injury-prone tasks that are increasingly difficult to staff with human labor.

CEO Jimmy Chan emphasized that this acquisition is part of Nightfood's vertically integrated model, which combines robotics innovation with real estate growth. The hotel acquisitions serve dual purposes as both revenue-generating assets and live deployment sites for robotics testing and operational benchmarking. This strategy positions NGTF to capture market share in the rapidly expanding global service robotics industry, which is projected to exceed $170 billion by 2030 according to industry projections available at https://ibn.fm/pn7vh.

The company's long-term vision extends beyond hospitality, with plans to expand into additional verticals requiring similar automation solutions. Nightfood's approach focuses on delivering scalable robotics that improve safety, efficiency, and reliability across multiple sectors while strengthening its balance sheet through ownership of asset-rich real estate. This acquisition represents a critical step in demonstrating the practical application and commercial viability of AI-powered robotics in the hospitality industry.

Source Statement

This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,

blockchain registration record for the source press release.
;