Travel Daily | Ace Hotels sold

SEATTLE-BASED Ace Hotels has been purchased for US$85 million by US investment group Sortis Holdings, with the deal including the Ace Hotel brand, the organisation's hotel management arm and 12 properties across the globe, including the recently opened Ace Hotel in Sydney's Surry Hills as well as locations in Kyoto, Seattle, Brooklyn and more.

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The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 19 Jan 23
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