
Reading Time: 2 minutesUS/Japan: Japanese operator Seibu Prince Hotels Worldwide (SPW), a company of Seibu Group, has acquired Ace Group International, parent company of Ace Hotel and its in-house creative agency Atelier Ace.
![[Credit: Ace Hotel] Ace Group International acquired for $85m](https://boutiquehotelnews.com/wp-content/uploads/2023/01/Screenshot-2023-01-18-at-14.23.06-800x445.png)
Reading Time: < 1 minuteWorldwide: Lifestyle and hospitality operator and development firm Sortis Holdings has agreed to acquire the Ace Group International and its management company Atelier Ace for $85 million.