Ace Hotels Acquired by Sortis and Other Top Stories This Week
Skift Take
In Skift's top stories this week, Sortis Holdings acquires Ace Hotels for $85 million, business travelers seek more conference networking, and GetYourGuide CEO talks reimagining search for travel experiences.
Ace Hotel Chain Acquired for $85 Million by Hospitality Firm Sortis: Ace only has about a dozen properties, but it has punched above its weight in brand impact. Here's our analysis of whether Sortis is a good home and if $85 million is a good price.
United CEO Says U.S. Airline Industry Unprepared for Post-Pandemic Realities: United CEO Scott Kirby says woe to the airline that thinks it can operate like it did before the pandemic.
Zoom Doesn’t Cut It as Corporate Travelers Seek More Conference Networking: A new report from
