Sunday, February 22, 2009

Beijing has an excess of ultra-luxury hotels

The owners of a new ultra-luxury hotel maintain an air of confidence in the face of adversity. The 234-room Pangu Plaza, which opened in December, charges as much as $17,750 a night for a suite. The sushi bar, where the cheapest lunch special is $265, cooks its rice in mineral water flown in from Japan. The walls in the hotel are covered with silk, the floors with marble -- Italian of course.

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