Virgin Hotels is a brand of hotels created by Sir Richard Branson’s Virgin Group, launched in 2010. 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. On January 15, 2015 the first Virgin Hotel opened. In February 2019, Virgin Hotels opened at its second location in San Francisco, CA on 4th street, near to Yerba Buena Gardens. One element of Virgin Hotels’ business plan was to acquire distressed properties in North America cheaply during the property downturn, but banks decided to hold distressed real-estate assets until the market for them rebounded rather than sell them so the company fell well behind its planned timetable
Virgin Hotels
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3.5
Overall Excellence Rating
Industry
Hotel CompaniesCategory
Hotels & ResortsESG/Ethical Impact
Our mission at Virgin Hotels is to be the most irresistible hospitality brand and our purpose is to make sure that Everyone Leaves Feeling Better. We accomplish both of these things through providing heartfelt customer experiences to our guests, and by empowering and supporting our teammates who are on the front lines to deliver on this. We believe that our team should be reflective of the world. We welcome all, regardless of race, ethnicity, country of origin, sexual orientation, gender, disability, spiritual beliefs or any other component of identity. It is important for us to create an environment where all feel safe, valued and welcome. The Virgin Hotels brand is internationally recognized, but we work closely with local communities to localize employment opportunities, vendor opportunities, and civic and non-profit engagement. Virgin Hotels seeks to blend into our neighborhoods and operate as a responsive and active member of our local communities.
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Awards Received
2023
Revenues
$260,500,000.00
Website Traffic
Employee Rating
3.6
Customer Rating
4.5
Company Size
1000-5000
ESG Risk Rating
3
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