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Ace lands bigger bet

Ace lands a bigger bet

Eloise Hanson 21 September 2025

Reading Time: < 1 minuteAce first entered sale negotiations in early 2023 with Portland-based Sortis Holdings, which agreed to buy the brand for roughly USD $85 million. That transaction

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Marriott Bonvoy Boutiques extends retail offer with Design Shop
Marriott Bonvoy Boutiques extends retail offer with Design Shop
20 May 2026
Reading Time: 2 minutesUS: Marriott Bonvoy Boutiques has extended its retail offering into art, ...
Minor opens first hotel under Colbert Collection in Italy
Minor opens first hotel under Colbert Collection in Italy
20 May 2026
Reading Time: 2 minutesItaly: Owner-operator Minor Hotels has opened the Porta Rossa Hotel Firenze, ...
The Social Hub names Amzallag as chief operating and commercial officer
The Social Hub appoints Amzallag to dual role
19 May 2026
Reading Time: 2 minutesEurope: Hybrid-hospitality brand The Social Hub (TSH) has appointed Eyal Amzallag ...
The PIG offloads Kent hotel to private buyer
The PIG exits Groombridge Place hotel in Kent
18 May 2026
Reading Time: < 1 minuteUK: Boutique hotel brand The PIG has sold its Groombridge ...
Great Northern Hotel bought by King’s Cross Group for £20 million
Great Northern Hotel bought by King’s Cross Group for £20 million
15 May 2026
Reading Time: 2 minutesUK: The King’s Cross Group, which owns the 67-acre site in ...
AvantStay to manage Nexo Residences in Miami
AvantStay to manage Nexo Residences in Miami
14 May 2026
Reading Time: 2 minutesUS: Hospitality management company AvantStay has partnered with developers Fortune International ...
Rising costs force hoteliers to rethink pricing, staffing and strategy
Rising costs force hoteliers to rethink pricing, staffing and strategy
14 May 2026
Reading Time: 3 minutesUK: Independent hotels across Great Britain are changing how to price ...
Aareal provides €406 million financing for Pandox European portfolio
Aareal provides €406 million loan for 13 Pandox-owned hotels
13 May 2026
Reading Time: < 1 minuteEurope: Aareal Bank AG has arranged a €405.57 million financing ...
One&Only to debut in Courchevel with resort and residences
One&Only to debut in Courchevel with resort and residences
13 May 2026
Reading Time: 2 minutesFrance: Ultra-luxury developer and operator Kerzner will open its first resort ...
Lake Como boutique hotel Palazzo Genazzini to open in June
Lake Como boutique hotel Palazzo Genazzini to open in June
12 May 2026
Reading Time: 2 minutesItaly: Palazzo Genazzini, a restored lakeside property in Bellagio, will open ...
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