Seibu Expands with Ace Hotel Acquisition as Lake.com Bets on AI Travel Future
Description
In this episode, we look at Japan’s Seibu Holdings acquiring Ace Group International for $90 million, adding the Ace Hotel portfolio and creative agency Atelier Ace to its global lineup, while Toronto-based Lake.com secures $2.6 million in funding to grow its lakeside vacation rental platform and pioneer a new category it calls the AI travel agency.
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