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Battle Begins Over Control of Ace Hotel Chain

Battle Begins Over Control of Ace Hotel Chain

The estate of Alex Calderwood, the late founder of Ace Hotel, has filed suit against Ace Group International (AGI) and Calderwood’s former partner, Stefanos Economou, to gain control of the hotel chain. Acting as representative of the estate, Calderwood’s father, ...

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Ace Hotel Potentially Coming to Downtown Brooklyn

Ace Hotel Potentially Coming to Downtown Brooklyn

GFI Capital Resources is nearing a deal with the Ace Hotel chain to open a property in downtown Brooklyn, according to this report from the Commercial Observer. Allen Gross, president and CEO of GFI Capital Resources, acquired a site a few ...

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Ace Hotel Founder Alex Calderwood Found Dead in London

Last Thursday, Nov. 18, Alex Calderwood, the co-founder of hip hotel brand Ace Hotel, was found dead in a room at London’s Ace Hotel, according to this report from the Daily Beast. Calderwood was influential in launching the vintage-inspired, quirky ...

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