Ace Group International / Atelier Ace Enters Agreement to Join Sortis Holdings, Inc.

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Ace Group International / Atelier Ace Enters Agreement to Join Sortis Holdings, Inc.Recent openings by the ground-breaking hospitality group include locations in Kyoto, Sydney, Brooklyn and TorontoGlobeNewswireJanuary 25, 2023NEW YORK, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Ace Group International — the trailblazing hospitality company responsible for hotel brands Ace Hotel, Maison de la Luz and Sister City — has entered into an agreement to be acquired by innovative hospitality platform Sortis Holdings, Inc. The transaction is expected to close at the end of Q1 2023, subject to customary closing conditions. 

Source: AsiaOne