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Seibu Prince acquires Ace Group International in $90M deal
Yahoo Finance· 2025-09-16 09:58
This story was originally published on Hotel Dive. To receive daily news and insights, subscribe to our free daily Hotel Dive newsletter. Dive Brief: Seibu Prince Hotels Worldwide, one of Japan’s leading hospitality operators, will acquire Ace Group International, the parent company of Ace Hotels, and its in-house creative agency, Atelier Ace, the Tokyo-based company announced Tuesday.  Seibu Prince will pay approximately $90 million to acquire Ace, which will operate as a subsidiary of Seibu’s hotel di ...