Portland, Oregon-based Sortis Holdings (a group that owns various hospitality brands) is set to purchase the Ace Group—which owns and runs the Ace brand, Maison de la Luz, Sister City and Atelier Ace. The all-cash transaction has been led by Kelly Sawdon, who joined Sortis in 2021 and previously held a position as partner at the Ace Hotel Group. She had “been a key player …
Sortis Holdings Purchases Ace Hotel Chain for $85 Million