SHARE

Ace Hotel Group sold to Japanese operator Seibu Prince for £66m

Tokyo-based Seibu Prince Hotels Worldwide will acquire Ace Group International for £66m. Ace will operate as an independent subsidiary, with expansion planned across North America, Europe and Asia, including Ace Hotel Fukuoka in 2027.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.