Get All Access for $5/mo

Ace Hotel Co-Founder Alex Calderwood Has Died The public face for his line of hip hotels, Calderwood was 47.

By Jason Fell

With a mop of crazy black hair on his head, entrepreneur Alex Calderwood was the public face of the Ace Hotels, a chain of hotels he co-founded with a pair of friends in 1999. Calderwood died in London on Thursday. He was 47.

A spokesman for the hotel chain confirmed Calderwood's death in London to The New York Times but declined to comment on the cause of death. Calderwood was apparently in London after recently opening a hotel there.

Calderwood and co-founders Wade Weigel and Doug Herrick opened the first Ace Hotel in Seattle in 1999. The company, headquartered in Portland, Oregon, has a number of locations and was expanding to additional cities like London and Los Angeles.

The vintage interior aesthetic Calderwood helped create for the Ace Hotels was often called quirky and artistic. On Thursday, the Ace Hotel's Twitter account tweeted #ripcity which, presumably, is a reference to it's home city of Portland and not a reference to Calderwood's death.

In 2011, Calderwood sat down with Entrepreneur magazine for a series of three videos that touched on topics from innovation to branding to business travel tips. "It's important to not chase after cool ... Do something that has substance and is very personal," Calderwood advised.

You can watch those videos with Calderwood below:

The Innovators: Ace Hotels' Alex Calderwood

Insights: Tips for Better Business Travel

Insights: Creating an Authentic Brand

Jason Fell

Entrepreneur Staff

VP, Native Content

Jason Fell is the VP of Native Content, managing the Entrepreneur Partner Studio, which creates dynamic and compelling content for our partners. He previously served as Entrepreneur.com's managing editor and as the technology editor prior to that.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

These Companies Offer the Best Work-Life Balance, According to Employees

The ranking is based on Glassdoor ratings and reviews.

Science & Technology

Use This Framework to Successfully Integrate AI Into Your Business Operations

Here's how to ensure both innovation and compliance when using AI in your organization.

Growing a Business

5 Effective Strategies to Boost Your Business's Online Presence

Boosting your online presence in 2025 is the key to success for businesses looking to grow. Working on your branding and reputation management is important to drive more sales and improve conversion.

Leadership

Why Your AI Strategy Will Fail Without the Right Talent in Place

Using fractional AI experts through specialized platforms allows companies to access top talent cost-effectively, drive innovation and scale agile strategies for growth.