Nightfood Holdings Inc. has completed 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 the company's first completed hotel purchase and establishes the Victorville location as its Robotics-as-a-Service innovation site for testing and deploying artificial intelligence-driven automation solutions. The move signals a strategic shift toward combining real estate ownership with technological innovation in the hospitality sector.
The acquisition marks a significant step in Nightfood's strategy to transform hotel operations through AI-powered robotics. Initial automation solutions, including Skytech's Laundry Helper robot, have already been implemented at the property. Future deployment phases will expand automation across housekeeping, foodservice, and front-of-house functions to create a scalable Smart Hotel model that addresses labor-intensive, repetitive, and injury-prone tasks that are increasingly difficult to staff with human workers. This approach directly confronts the hospitality industry's persistent challenges with staffing shortages and operational inefficiencies.
CEO Jimmy Chan stated that this acquisition provides the foundation for Nightfood's next-generation hospitality platform, positioning the company at the forefront of AI-driven hotel operations. The company's vertically integrated approach combines robotics innovation with real estate ownership, using acquired properties as live deployment sites for testing and operational benchmarking. This model allows for real-world validation of automation technologies before scaling them to other properties and industries.
Nightfood's Robotics-as-a-Service platform targets the rapidly expanding global service robotics industry, which is projected to exceed $170 billion by 2030 according to industry forecasts available at https://ibn.fm/pn7vh. The company's long-term vision involves expanding beyond hospitality into additional verticals requiring similar automation solutions, delivering scalable robotics that improve safety, efficiency, and reliability across multiple sectors. This strategic positioning allows Nightfood to capitalize on the growing trend toward automation in service industries where AI and robotics are increasingly deployed to handle tasks difficult to fill with human labor.
The company's latest developments and updates are available through its newsroom at http://ibn.fm/NGTF. This acquisition represents more than just a real estate transaction—it establishes a working laboratory for developing and refining the automation technologies that could redefine service industry operations across multiple sectors in the coming years.
