Ace Hotels Shows Taking Big Risks Pays Off

Oct. 28 (Bloomberg) -- Few hotel chains take the "boutique" concept as far as Ace Hotel, which develops unique destinations at historic buildings in neglected neighborhoods. In 2012 there were four Ace Hotels; in 2015, Ace will open its eighth location. Brad Wilson, president of Ace Hotel Group, explains the company's formula for growth and plans for the future in this installment of Bloomberg's "Small to Big" series.

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