Nightfood Holdings Completes $52.8 Million Hotel Acquisition to Advance Robotics-as-a-Service Platform

Nightfood Holdings Completes $52.8 Million Hotel Acquisition to Advance Robotics-as-a-Service Platform

By Burstable Editorial Team

TL;DR

Nightfood Holdings gains strategic advantage by acquiring real estate assets that serve as live testing sites for its robotics platform, creating recurring revenue streams.

Nightfood Holdings integrates its Robotics-as-a-Service platform with hotel acquisitions to create AI-connected environments for testing and deploying service robots.

Nightfood's robotics automation addresses labor shortages by handling dangerous and repetitive tasks, improving workplace safety and efficiency across multiple industries.

Nightfood Holdings purchased a California Hilton hotel for $52.8 million to test service robots in real-world hospitality environments.

Nightfood Holdings Inc. (OTCQB: NGTF), operating as TechForce Robotics, has completed the acquisition of Treasure Mountain Holdings, LLC, owner of the 120-room Hilton Garden Inn Rancho Mirage in California, for approximately $52.8 million. This transaction represents the company's fifth acquisition in less than two years and significantly advances its transformation into a technology-driven enterprise focused on integrating real estate assets with its Robotics-as-a-Service platform.

The acquisition strategy enables Nightfood to create AI-connected environments specifically designed for testing and deploying service robots in real-world hospitality settings. CEO Jimmy Chan described the acquisition as marking another defining step toward building a vertically integrated robotics ecosystem that merges automation innovation with asset-backed stability and recurring revenue potential. This approach combines robotics development with strategic real estate ownership to create a comprehensive testing and deployment infrastructure.

Nightfood's Robotics-as-a-Service platform targets the hospitality sector as its initial market entry point, focusing on automating heavy-duty, repetitive, dirty, and injury-prone tasks that have become increasingly difficult to staff with human labor. The company's long-term vision includes expansion into additional verticals requiring similar automation solutions, delivering scalable robotics that improve safety, efficiency, and reliability across multiple sectors. The global service robotics industry is projected to exceed $170 billion by 2030, positioning Nightfood to capture significant market share in this rapidly expanding field.

The company's vertically integrated model strengthens its balance sheet through ownership of asset-rich real estate, beginning with hotel acquisitions that serve dual purposes as both revenue-generating properties and live deployment sites for robotics testing and operational benchmarking. This strategic combination of robotics innovation and real estate growth creates a unique competitive advantage in the emerging automation market. The latest news and updates relating to NGTF are available in the company's newsroom at https://ibn.fm/NGTF.

This acquisition represents a significant development in the convergence of real estate and robotics technology, potentially setting new standards for how automation can be integrated into service industries. The approach addresses critical workforce challenges while creating new revenue streams through both traditional hospitality operations and robotics services. As companies across multiple sectors face similar staffing and efficiency challenges, Nightfood's model could provide a blueprint for combining technological innovation with tangible asset ownership to drive sustainable growth in the automation era.

blockchain registration record for this content
Burstable Editorial Team

Burstable Editorial Team

@burstable

Burstable News™ is a hosted solution designed to help businesses build an audience and enhance their AIO and SEO press release strategies by automatically providing fresh, unique, and brand-aligned business news content. It eliminates the overhead of engineering, maintenance, and content creation, offering an easy, no-developer-needed implementation that works on any website. The service focuses on boosting site authority with vertically-aligned stories that are guaranteed unique and compliant with Google's E-E-A-T guidelines to keep your site dynamic and engaging.