Seibu Prince Hotels Worldwide, Inc.

Who owns Seibu Prince Hotels Worldwide?
Seibu Prince Hotels Worldwide is a subsidiary of Seibu Holdings Inc., a Japanese conglomerate listed on the Tokyo Stock Exchange under ticker 9024. Cerberus Capital Management is Seibu Holdings' largest shareholder.

Does Seibu Prince own Ace Hotel?
Yes. Seibu Prince Hotels Worldwide acquired Ace Group International, the parent of Ace Hotel and Atelier Ace, in September 2025 for approximately $90 million. Ace operates as an independent subsidiary of SPW's hotel division.

How many hotels does Seibu Prince operate?
Approximately 90 hotels globally, concentrated in Japan with properties in Hawaii, London, Birmingham, Dubai, Sydney, and other markets, plus Ace Hotel locations in North America, Japan, Australia, and Greece.

What is the Prince Akatoki?
The Prince Akatoki is SPW's international luxury hotel brand, operating in London and Tokyo as the group's premium flag outside the traditional Prince Hotels name.

The hotel lineage begins with the Prince Hotel brand, established in 1956 under the Seibu Group, the conglomerate built by the Tsutsumi family around railways and resorts in postwar Japan. Prince Hotels grew into one of Japan's largest domestic chains, operating landmark properties such as the Prince Park Tower Tokyo and resort hotels attached to Seibu's golf courses and ski areas.

Seibu Holdings was formed in 2006 as the group holding company and listed on the Tokyo Stock Exchange in 2014 following restructuring after the group's early-2000s financial difficulties. Private equity firm Cerberus Capital Management emerged as the largest shareholder through the turnaround.

In 2018, Seibu consolidated its Japanese and international hotel operations under the Seibu Prince Hotels Worldwide banner, integrating the Prince Hotels chain with overseas assets including Australia's Staywell properties and the Park Regis brand. The structure gave the group a unified operating platform for both domestic and export markets.

The 2025 purchase of Ace Group International marked the group's most significant international brand deal. Announced on September 16, 2025, and completed through the newly established US subsidiary Ace Hotels Worldwide Inc., the approximately $90 million transaction added eight operating hotels across Seattle, New York, Brooklyn, Palm Springs, Kyoto, Sydney, Toronto, and Athens, plus a development pipeline led by Ace Hotel Fukuoka in 2027.