After a marathon construction process marred by technical setbacks, a luxury hotel built on an abandoned quarry near Shanghai has opened to the public – and so far the rush of bookings seems to vindicate the efforts by one of China’s riches men to create a local landmark.
After 12 years of development, the 2 billion yuan (US$288.2 million) hotel, developed by Shimao Group, officially opened on Tuesday.
Expectations are the luxury concept, branded as the InterContinental Shanghai…
Source : South China Morning Post
Read more…Shanghai’s ‘Quarry’ hotel set to tap growing taste for luxury, high-end business travel
