Nightfood Signs LOI to Acquire Hilton Garden Inn in Rancho Mirage, California, Adjacent to Disney’s Cotino Development
Globenewswire·2025-05-12 13:00
Strategic Location and Long-Term Value The Hilton Garden Inn is positioned to benefit from Cotino's transformative impact, which is expected to attract significant year-round foot traffic, affluent residents, and both domestic and international visitors. Nightfood anticipates long-term gains in both occupancy rates and average daily rates (ADR), driven by the Cotino effect and the operational cost savings delivered by its automation suite. Strategic acquisition strengthens NGTF's real estate footprint and p ...