Gibraltar to Have a $200 Million Luxury Yacht Hotel
Gibraltar has found a way to overcome the scarcity of land. They are putting up a five star yacht hotel to meet the growing need for luxury hotels. Gibraltar is a tiny British territory on the southern tip of Spain. The yacht hotel being built has been named Sunborn Gibraltar. When completed, it will cost around $200 million and will be moored permanently to function practically as an extension of the land. Gibraltar is an idyllic destination which is very popular with the tourists. Sunborn Gibraltar CEO, Brian Stevendale believes that this is the most effective way of meeting the huge demand for hotels. It is the only way forward for land scarce cities around the world. Yacht Hotel Anchored in Gibraltar’s Ocean Village Marina The advantage of creating a yacht hotel instead of a regular brick and mortar hotel is that there is no disruption during the construction. The megayacht is built elsewhere and brought in to be moored at the desired location. The Sunborn Gibraltar which will b...