he ACE Palm Springs, a 4.5 acre property and former Howard Johnson Hotel and Denny's restaurant, is the fourth property to be remodeled and developed by the the ACE Hotel Group as a 200 room boutique hotel. Tungsten Partners, as an equity Partner in the ACE Hotel Brand has an equity position in this hotel. The ACE Palm Springs is currently under redevelopment and is slated to open in the summer of 2008.