Home » Vietnam’s capital city builds the world’s first gold-coated hotel

Vietnam’s capital city builds the world’s first gold-coated hotel

by Neoma Simpson

The Golden Lake hotel-apartment complex in Hanoi has been crowned the world’s first gold-plated hotel, with construction expected to be complete in 2020.

Footage from May 21, shows the glistening gold-plated exterior which startles passers-by and according to local media, has 5,000 square meters of gilded ceramic on the outside.

The complex, which began construction in 2009, is 25-storeys high and located in the downtown Ba Dinh district of Hanoi, on the bank of the Giang Vo Lake.

Built by the Hoa Binh group, the Golden Lake boasts 24 carat gilded furniture, a rooftop infinity pool, the complex is now one of the capital’s prime locations.

Nguyen Huu Duong, general director of the Hoa Binh Group, claims that the Golden Lake would become the world’s first gold-plated hotel.

Part of the Hanoi Golden Lake’s wall has been covered with gold gilded tiles

“As tourism has been identified as the spearhead of the local economy, the sector must have unique product to attract visitors. The Hanoi Golden Lake will become a place not to be missed in this sense,” he noted.

Together with its distinctive features, the hotel will be managed by US-based Wyndham Hotel Group to ensure the international standard of management and services to its guests.

Price for one night stay at the Hanoi Golden Lake will start from $250, on par with prices offered by other five-star hotels in the city.

A number of apartments in the hotel will also be sold at a starting price of about $6,500 per square metre. However, buyers will not be able to live there permanently but rent out through a rental agency to ensure the quality consistency of the building. A committed rate of return, as Duong revealed, will be at least 6 per cent a year, in USD.

@ MSN/ The Leader

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