News & Articles - Ace Hotels

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    Ace Hotel Group Bought for $85M

      Sortis Holdings is acquiring operator Ace Group International for $85 million, along with its management company, Atelier Ace. With the acquisition, Sortis will be ushering in a new chapter for the iconic brand in an era of cultural collaboration, innovation, and conscious growth, for both the company and the Ace Hotel brand at large. “The Sortis platform is rooted in innovation, purpose, and impact, and aims to foster consumer brands that are at the forefront of culture,” said Paul Brenneke, executive…

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