Sir Richard Branson plans hotel chain
Sir Richard Branson’s Virgin group is to launch into the hotel market, opening a chain of four-star properties across North America.
Cities cited for the first openings include New York, San Francisco, Miami, Los Angeles, Boston and Washington DC, but Branson intends to open in other countries worldwide in the future.
A new website www.virginhotels.com invites property owners and developers to consider ‘getting into bed’ with the Virgin group.
It says: "We are keen to discover a range of interesting, authentic and high quality 150-400 room properties in appealing neighbourhoods that will meet the expectations of travellers in the ‘creative class’ – a culture and mindset that represent the values of our target guest."
Virgin Hotels is looking to acquire properties up to $500m over the next three years. It says it will buy hotels outright or operate them as a third party manager.
In order to develop its hotels business, Virgin has established a property venture with entrepreneur Alberto Beeck and hospitality and real estate investor Diego Lowenstein.
By Linsey McNeill
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.

































Qatar Airways offers flexible payment options for European travellers
Airlines suspend Madagascar services following unrest and army revolt
Digital Travel Reporter of the Mirror totally seduced by HotelPlanner AI Travel Agent
Phocuswright reveals the world's largest travel markets in volume in 2025
Strike action set to cause travel chaos at Brussels airports