A fully owned subsidiary of the Aitken Spence Group - a public quoted diversified holding. Amongst the wide range of business interests, the parent company's commitment in the Tourism Industry is huge. It has its own network of hotels in Sri Lanka.

On the beach, there is Triton (5 star), The Neptune (3 star), The Golden Sun Resort (4 star), The Browns Beach Hotel (3 star). Elsewhere in the country there is Kandalama Hotel (5 star), Earls Regency (5 star), Hill Top Hotel (3 stars), Tea Factory Hotel (4 star) and Bandarawela Hotel (Colonial).

In Maldives, the Company operates 3 resorts namely, Rannalhi (4 star) in the South Male Atoll, Bathale (3 star) in the Ari-Atoll and Meedhupparu (4 stars) in the Raa-Atoll.

Ace Travels & Conventions offers many services in the spheres of travel and tourism.