The tallest hotel in the world was opened in Hong Kong – the Ritz Carlton. It is located in the skyscraper which is about 490 metres tall, offering a panoramic view onto this former British colony which was repossessed by China in 1997.

The Ritz Carlton hotel is located on the 118^th floor of the International Trade Centre in Hong Kong.

It took about 10 years to erect this hotel, and it is the most expensive hotel in Hong Kong. Single overnight stay in this hotel costs 6,000 Hong Kong dollars (546 Euros) for a deluxe room, while the price for the presidential suite is 100,000 Hong Kong dollars.

Chinese visitors now make up about 35 percent of clients Ritz Carlton hotel chain, while the percentage was only three to four percent 14 years ago. The increase in this number is expected taking into account that Asia is one of the key markets.

Still, as announced by the press, the Ritz Carlton will lose its title of the tallest hotel in the world by 2014, as it is planned to open a hotel in Shanghai by that time under the name of J-Hotel, designed to be 600 metres high.