Bahrain will become the first GCC country to have a multi-million dollar luxury super-yacht hotel. According to the GDN, the London-based Aquiva Developments Ltd has signed a memorandum of understanding (MoU) with a group of Bahrain-based investors to anchor the 170-metre floating hotel on the Manama city shoreline.
Bahrain will become the second location in the world after London to boast a permanently moored, state-of-the-art, five-star deluxe yacht. "The hotel will be offering a range of business and leisure facilities, including its own private island with world-class spa, beach and restaurants. "The project is scheduled to start by mid-2006 and will take approximately two years to complete."
The yacht hotel, which will have more than 100 rooms, will be anchored near the business bay in Manama.
Sources said it is designed specifically to stay in one place and cannot move on its own steam.
