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MIAMI, Feb. 1, 2021 /PRNewswire/
Virgin Hotels, the lifestyle hotel brand by Virgin Group founder Sir Richard Branson, has announced plans to roll out the red carpet in three locations this year. This spring, the first opening is Virgin Hotels Las Vegas, followed by Virgin Hotels New Orleans this summer and Virgin Hotels New York City this fall. Virgin Hotels Edinburgh and Miami are planned for 2022 and beyond, with numerous hotel management signings announced before year-end.
Rendering of Virgin Hotels New Orleans slated to open this summer.
Photo: Virgin Hotels
Three New Hotels to Open in Las Vegas, New Orleans, and New York City This Year
Receiver settles with lawyers in EB-5 fraud case
Modified: 12/31/2020 8:08:40 PM
After nearly three years of legal wrangling, 23 foreign investors in the scandal-plagued Jay Peak projects have settled with their former immigration attorneys, Carroll & Scribner, according to an agreement provided by the parties.
The immigrant investors sued Ed Carroll and Mark Scribner, claiming the two attorneys gave the developers of Jay Peak the legal tools to hoodwink them.
The Burlington-based firm had a built-in conflict of interest: Carroll & Scribner served both as corporate attorneys for Jay Peak and as immigration attorneys for the investors.
In a lawsuit filed in 2018, investors alleged negligence, breach of contract and breach of fiduciary duty.
LONDON, 18 December 2020: New kid on the block Capella Bangkok is the one to watch according to Luxury Travel Intelligence’s latest list of the World’s Best (and Worst) New Luxury Hotels 2020.
In its preamble to the list that features the top 15 luxury properties worldwide, LTI declared Capella Bangkok, the winner with the accolade “we have been following the team (Capella) with a great interest for several years, as they have crafted six very special luxury hotels throughout the world.
“With Capella Bangkok, they have created another exceptional
property. A blueprint for what a luxury hotel now needs to be – personal,
4:34 am UTC Dec. 15, 2020
A snowboarder glides in front of the Jay Peak Tram Haus Lodge in 2012.FREE PRESS FILE
Vermont’s Jay Peak ski resort was the site of the largest fraud in Vermont s history.
Ariel Quiros, the former owner, sold foreign investors and locals on a plan to transform the resort and the region into a year-round destination for wealthy outdoors enthusiasts. His business partner, Bill Stenger, raised more than $350 million from foreign investors. Investigators concluded Quiros misused $200 million and stole at least $50 million.
“It’s not like a traditional Ponzi scheme where there’s nothing to show for it, where it’s like Bernie Madoff. Bernie Madoff wasn’t building anything, he gave you an account statement that was bogus,” said Michael Pieciak, who investigated the scheme on behalf of the state of Vermont. “Here they were showing you here’s the hotel, here’s the new hotel, here’s the new construction, so it was a more complicated way