Thursday, January 31, 2013

Dubai undersea hotel plan floated again


DUBAI // An underwater hotel more suited to a sci-fi comic than Dubai's coast could be ready to welcome guests in less than five years, developers say.

The Water Discus hotel, announced in May last year, is still in the initial planning stages and has yet to achieve full financing.

But the company behind the project, Swiss firm BIG InvestConsult, believes it will not be long before the flying saucer-like structure is built off the coast of the emirate.

"I think it will be within five years," said Bogdan Gutkowski, president of the company.

But Mr Gutkowski said the company had still to choose the final design and an exact location.

"This is still under negotiation and discussions with the final investor," he said. He declined to say how much it would cost to build and how much of the financing was still outstanding.

http://www.thenational.ae/news/uae-news/tourism/dubai-undersea-hotel-plan-floated-again

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