Virgin Hotels

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Virgin Hotels
Founded New York, USA (2010 (2010))
Headquarters New York City, United States
Website www.virginhotels.com

Virgin Hotels is a brand of hotels created by Sir Richard Branson's Virgin Group, launched in 2010.[1] The current Virgin Hotels company, based in New York, United States, is currently seeking hotel opportunities and is preparing its first hotels.[2]

In October 2011 Virgin Hotels bought the 27-story Old Dearborn Bank Building in the Loop area of Chicago for $14.8 million from Urban Street Group LLC.[3] As of 2014 the Chicago hotel is being redeveloped with the John Buck Company with the aim of opening it later that year.[1][4]

Further hotels are being planned in New York and Nashville.[5] The 300 room New York site is due to open in 2016 and will be located on the corner of 29th Street and Broadway.[6] The 240 room Nashville property is to be located at One Music Row and is also due to open in 2016.[5]

The British-based Virgin Hotels Group Limited owns the Virgin Limited Edition portfolio of properties that include luxury resorts such as Necker Island.[7]

References[edit]

  1. ^ a b "Virgin Hotels in deal with John Buck Co. to enter Chicago market". Chicago Real Estate Daily. 2011-10-24. Retrieved 2013-05-12. 
  2. ^ "Virgin Hotels buys Old Dearborn Bank Building in East Loop". Chicago Tribune. 2011-10-24. Retrieved 2013-05-06. 
  3. ^ "In brief: Franklin Center - 22 W. Washington - Virgin Hotels". Chicago Real Estate Daily. 2011-11-28. Retrieved 2013-05-12. 
  4. ^ Karmin, Craig (April 21, 2014). "Richard Branson Slow to Get Virgin Hotels Off the Ground". The Wall Street Journal. pp. B1–B2. 
  5. ^ a b "Virgin Hotels - coming to Nashville". Virgin Group. 20 April 2014. Retrieved 20 April 2014. 
  6. ^ "Virgin Hotel to open in New York in 2016". USA Today. 4 June 2013. Retrieved 20 April 2014. 
  7. ^ "About Us". Virgin Limited Edition. Retrieved 2013-05-12. 

External links[edit]