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Oct. 28 (Bloomberg) -- Few hotel chains take the "boutique" concept as far as Ace Hotel, which develops unique destinations at historic buildings in neglected neighborhoods. In 2012 there were four Ace Hotels; in 2015, Ace will open its eighth location. Brad Wilson, president of Ace Hotel Group, explains the company's formula for growth and plans for the future in this installment of Bloomberg's "Small to Big" series. --Subscribe to Bloomberg on YouTube: / bloomberg Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.