- NGTF combines AI-powered robotics technology with strategic hotel acquisitions, expanding into new vision for next-generation hospitality solutions
- Recent executive appointments have brought decades of hotel operations expertise and supply chain innovation to accelerate the company’s deployment
- Major hotel advancements, including a LOI to acquire a $36.93 million Hilton Garden Inn deal adjacent to Disney’s Cotino development, to position NGTF as a flagship automation showcase
The hospitality industry stands at a technological crossroads. With shortages continuing to challenge hotel operations and guests demanding enhanced service experiences, the sector faces unprecedented pressure to innovate. Traditional staffing models are proving inadequate, with many properties struggling to maintain service standards while controlling costs. This disruption has created a massive opportunity for niche curiosities to evolve into proven hospitality assets.
Enter Nightfood Holdings (OTCQB: NGTF), a company uniquely positioned to scale up this transformation through its integrated approach of AI-powered robotics deployment and strategic hotel ownership.
Executive Leadership Drives Automation Strategy
NGTF’s recent leadership appointments signal a serious commitment to scaling its hospitality automation platform. Jimmy Chan, the company’s new CEO, brings over 20 years of entrepreneurial expertise, including founding CarryOutSupplies.com, one of North America’s largest custom-printed foodservice packaging providers and now a business of Nightfood. His deep understanding of hospitality supply chains and operational optimization directly aligns with NGTF’s mission to streamline hotel operations through technology.
Ried Floco, appointed as President and Director, adds three decades of executive leadership across the hospitality sector, having overseen more than 200 hotel properties with $3 billion in combined asset valuations. His experience spans top-tier brands including Marriott, Hilton, Intercontinental, and Starwood Hotels, providing NGTF with the operational insight needed to successfully integrate robotics into real-world hotel environments.
This executive team combines technical expertise to deploy automation solutions with hospitality experience to ensure they enhance rather than disrupt guest experiences.
Real Estate Meets Robotics Innovation
NGTF’s strategy distinguishes itself through asset-backed automation deployment. Rather than simply selling robotics solutions to third parties, the company owns and operates the hotels where its technology is implemented, creating multiple revenue streams while demonstrating real-world performance.
The company’s recent execution of a Letter of Intent (“LOI”) to acquire the 125-room Hilton Garden Inn in Rancho Mirage, California, exemplifies this approach. Located adjacent to Disney’s Cotino development, a 618-acre residential resort community, this property offers both immediate revenue generation and long-term appreciation potential. More importantly, it serves as a high-visibility showcase for NGTF’s Robotics-as-a-Service platform under a major hospitality brand.
Market Timing and Industry Transformation
The hospitality automation market is experiencing explosive growth. Market research indicates the global service robotics market is estimated to grow to almost $108 Billion by 2030.
Technology is transforming operational efficiency through robotic housekeeping solutions, a major addressing matter the industry’s labor challenge. The increased demand for hotel automation, driven by staff shortages, is leading to greater use of robotic services for tasks ranging from room sweeping to food and amenity delivery.
Vertical Integration Advantage
Through its acquisitions of Skytech Automated Solutions and CarryOutSupplies.com, combined with its RoboOps365 division, NGTF has created a comprehensive platform spanning robotics development, hospitality supply chain management, and hotel operations. This vertical integration allows the company to optimize every aspect of hotel automation, from the technology itself to the supplies and services that support it.
The company’s approach creates a feedback loop where operational insights from its owned properties directly inform robotics development, ensuring solutions address real-world hospitality challenges rather than theoretical applications.
The company’s ability to demonstrate ROI through its own operations while building a scalable platform for broader industry adoption could establish NGTF as a leader in the hospitality automation revolution.
For more information, visit the company’s website at NightfoodHoldings.com.
NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF
