BEIJING – A management agreement to build China’s first seven-star hotel has been signed, Beijing Times reports.
China real-estate company Antaeus Group and the Canadian company Fairmont Hotels and Resorts, signed the agreement to build the hotel in Sanya, in southern China’s Hainan Province.
The hotel will equal the Burj Al Arab in Dubai, the world’s only seven-star hotel so far, the report says.
Construction is expected to start this year and the hotel plans to open in 2011.
With an area of 215,300sqm, the hotel will be located in the centre of Haitang Bay in Sanya. It will border a luxury yacht club, an 18-hole seaside golf course, and Asia’s largest ocean park.
The Antaeus Group is investing up to US$292 million in the project.
W.S. Atkins, who designed the Burj Al Arab hotel, will assist in the creation.
