Virgin's Plans
This morning, we talked to Virgin Hotels CEO Raul Leal (snapped moments ago at the NYU hotel conference) who broke the news they'll do a $200M, 300-key hotel in the red hot NoMad area of NY at 29th and Broadway, to deliver in mid-'16. Their first-ever hotel is under construction in Chicago, to open mid-'14. They hope to announce locations in SF and Dallas in a couple of months. Best of all, he says they are actively scouting locations in LA and... DC(heres our previous story from April on the search).