[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.
[4] 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.
[6] The 300 room New York site will be located on the corner of 29th Street and Broadway.
[10] In January 2018, rumours arose regarding Virgin's early negotiations toward purchasing the Hard Rock Hotel and Casino in Las Vegas.