Nightfood Holdings Inc. (OTCQB: NGTF) has announced plans to acquire two flagship hotel properties in Victorville and Rancho Mirage, California, for a combined $80 million, marking a significant step in its strategy to integrate AI-driven automation into the hospitality industry. This initiative aims to create scalable recurring revenue and mitigate the sector's ongoing labor shortages, with CEO Jimmy Chan highlighting the potential for next-generation automation to transform hotel operations by improving efficiency and guest satisfaction.
The acquisitions are central to Nightfood's vertically integrated hospitality and Robotics-as-a-Service (RaaS) model, leveraging its AI automation platform to streamline operations and set new industry standards. Expected to close by the end of the current quarter, these transactions represent a key milestone in the company's expansion strategy, positioning Nightfood at the forefront of the $170 billion global service robotics market.
By combining the ownership of strategic hotel assets with the deployment of smart robotics, Nightfood is pioneering a future where technology and service merge to meet the changing needs of both guests and operators. For more information on Nightfood Holdings Inc. and its innovative approach to AI-powered hospitality, visit https://www.nightfoodholdings.com.
