The future luxury hotel is part of Binhai Aircraft, an 80,000-square-meter military theme park opened in 2004 in east Tianjin. The government-supported park is built on and around a retired Kiev-class Soviet aircraft carrier, named Kiev, which was sold to China in 1996.
The park’s parent company is reported to have spent an estimated US$15 million on the transformation and finished the refitting of three presidential suites last August. The largest suite occupies 400 square meters.
Although Chinese and international media have reported the opening of the hotel, according to Binhai Aircraft’s vice marketing manager, Liu, the majority of the 148 hotel rooms aren't finished. The company plans to open the hotel to the public sometime in 2012.