Articles tagged “ace hotel”

Hotels

Sortis Deal to Buy Ace Hotels Collapses

Given a string of bad luck events, it can seem like Ace Hotels is a jinxed brand. But any visit to its properties in New York, New Orleans, or LA will reveal an electric vibe that's a reminder it can be salvaged and taken to the next level.

Sortis Deal to Buy Ace Hotels Collapses

Daily Lodging Report

The Sortis Acquisition of Ace Hotel Is Ongoing Saga

Sortis Holdings revealed plans in January to buy Ace Group International and its management firm, Atelier Ace. But it has not gone according to plan.

Hotels

The Plan for Ace Hotels

Today’s edition of Skift’s daily podcast looks at the plans for Ace Hotels, unrest in Peru, and the state of six (now mature) startups.

The Plan for Ace Hotels

Hotels

Sortis Execs Reveal More About Their Ace Hotel Acquisition

Sortis executives have given more details on their plans for Ace Hotels, the hip U.S.-based lifestyle brand that the company will acquire for $85 million in cash.

Sortis Execs Reveal More About Their Ace Hotel Acquisition

Hotels

Ace Hotels Acquired by Sortis and Other Top Stories This Week

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 Hotels Acquired by Sortis and Other Top Stories This Week

Hotels

Ace Hotels: 5 Key Moments

Ace Hotels has had a significant impact on the hotel industry, helping change the way brands look to attract younger travelers. Here are five important moments in its evolution that we've covered as it prepares now to be acquired by Sortis Holdings.

Ace Hotels: 5 Key Moments

Hotels

Ace Boutique Hotels Have a New Owner

Today’s edition of Skift’s daily podcast looks at Ace Group’s sale, a new kind of Olympics tourism, and New Mexico’s decade-long tourism campaign.

Ace Boutique Hotels Have a New Owner

Daily Lodging Report

Ace Hotels Bought for $85 Million

Investment firm Sortis agreed to acquire Ace Group International for $85 million. The all-cash deal will give Sortis the boutique Ace Hotels brand and its hotel management company.

Hotels

Ace Hotel Chain Acquired for $85 Million by Hospitality Firm Sortis: Analysis

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.

Ace Hotel Chain Acquired for $85 Million by Hospitality Firm Sortis: Analysis

Hotels

U.S. Hotels Enjoyed Record-High Room Rates in July

Hotel room rates in the U.S. have never been so high. Plus, India and Australia forecast booming growth and other news in hotel deals and development.

U.S. Hotels Enjoyed Record-High Room Rates in July