TechMediaBreaks – Nightfood Holdings Inc. (OTCQB: NGTF) Closes $31 Million Acquisition of Holiday Inn Property to Launch AI-Driven Hospitality Platform
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…