
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

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.