bookish_cats_aye Profile picture
...love wordplay, doorstep tourism and what's round the next cornerstone, especially if it's a library's! And, love Central Library, Edinburgh - #SaveECL!
Feb 14, 2021 7 tweets 3 min read
"Virgin Hotels also defrauded Hotel Developer out of unearned management fees by inflating reported hotel revenue - which Hotel Developer only discovered after checking Virgin Hotels' figures against the amounts reported for city and state tax purposes."

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The busted flush of Virgin Hotels San Francisco.

In this case Virgin Hotels San Francisco LLC [Richard Branson], and the Hotel Developer, 250 Fourth Development LP [Jay Singh].

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Feb 13, 2021 7 tweets 3 min read
How Richard Branson Is Trying To Save His Virgin Empire, 26 May 2020

And how might COVID-19 impact on Virgin Hotels and India Buildings, Edinburgh?

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Virgin Hotels San Francisco delayed by 3 years, opened in 2019, closed in March 2020. Its owner, Jay Singh, Paradigm Hotels Group, terminated 20 year hotel management agreement citing: "gross mismanagement"; "affiliation with a brand that is essentially non-existent"; etc

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