The former Ace Hotel in downtown Los Angeles has reopened with a new name six months after it closed.
AJU Continuum, which owns the historic building at 929 S. Broadway, announced it has partnered with Kasa Living to manage what is now known as Stile Downtown Los Angeles. The building retains 182 guest rooms, 5,000 square feet of meeting space and a rooftop splash pool. The building’s 1,600-seat theater on the first floor, formerly known as the Theatre at the Ace Hotel, also remains under the name “The United Theater on Broadway.”
“Our partnership with Kasa has allowed us to introduce a modern and efficient approach to hotel management that is seamlessly integrated with our lifestyle lodging brand, STILE,” AJU Continuum CEO Jaisun Ihm said in a news release. “Kasa’s proven expertise in implementing modern hospitality practices has resulted in measurable improvements in our operations and profitability. Kasa has refined traditional hotel management to increase profitability while striking a perfect balance between efficiency, guest experience and brand DNA.”
Completed in 1927, the 13-story Spanish Gothic-style building was built as commercial offices to house the flagship theater of United Artists film studios, later housing a church, and in 2014 was converted into the now-closed Ace Hotel.
The Ace Hotel’s opening spearheaded a wave of investment in the surrounding blocks along Broadway, including the construction of the two-building Broadway Palace apartment complex across the street and competing hotels like DTLA Proper and the Hoxton a block south. Despite this investment, the hotel (and much of the surrounding area) was hit hard by the pandemic and has yet to fully recover.
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