Curated News
By: NewsRamp Editorial Staff
May 12, 2025
Nightfood Holdings to Acquire Hilton Garden Inn in California for $36.93 Million
TLDR
- Nightfood Holdings (OTCQB: NGTF) acquires Hilton Garden Inn to deploy AI-powered Robotics-as-a-Service, boosting operational efficiency.
- Nightfood Holdings plans to acquire Hilton Garden Inn in Rancho Mirage, California for $36.93 million, expanding with a $3 million earn-out.
- Nightfood Holdings aims to enhance customer experiences through AI-powered Robotics-as-a-Service at Hilton Garden Inn, driving growth and innovation.
- Nightfood Holdings' acquisition of Hilton Garden Inn introduces cutting-edge AI technology to the hospitality industry, revolutionizing operational efficiency.
Impact - Why it Matters
This news matters as it highlights Nightfood Holdings' strategic acquisition to expand into the hospitality sector and deploy innovative AI-powered solutions. Additionally, it showcases the role of TechMediaWire in providing comprehensive communication services for companies looking to enhance their brand awareness and reach a wide audience.
Summary
Nightfood Holdings (OTCQB: NGTF) has signed a Letter of Intent to acquire the Hilton Garden Inn in Rancho Mirage, California for $36.93 million. This acquisition will serve as a flagship site for Nightfood’s AI-powered Robotics-as-a-Service platform, with plans for expansion and stock issuance contingent on various conditions.
About Nightfood Holdings Inc., the company is focused on identifying market trends within hospitality, food services, and real estate sectors. They aim to introduce AI-enabled robotics products and wellness-focused consumer goods to drive growth and value for stakeholders.
TechMediaWire, a specialized communications platform, provides a vast network of wire solutions to reach target markets efficiently. TMW delivers syndication services, press release enhancement, social media distribution, and corporate communications solutions to help companies reach a wide audience.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, Nightfood Holdings to Acquire Hilton Garden Inn in California for $36.93 Million
