Ace Hotel consolidates ownership, eyes luxury portfolio expansion

The three active partners in Ace Hotel Group have consolidated ownership, worked out partnership issues and are primed to expand the brand in the US, European and Asia Pacific markets, with openings this year slated for Toronto and Kyoto, Japan. In addition, the company intends to debut its Sister City flag and unveil properties for a Maison de la Luz luxury guest house brand. Read the Hotel Business story here

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