Work to start on QE2 hotel
A shipyard in the Chinese port of Zhoushan has won the £63 million contract to convert retired Cunard liner Queen Elizabeth 2 into a 400-suite floating hotel. If plans announced earlier this year are still current, the ship will leave Dubai this week to head for the yard. After five years of uncertainty, who knows for sure? Perhaps Daniel Chui, chief executive of Oceanic Group, who have taken over responsibility for the ship from Nakheel, who bought the vessel from Cunard and originally planned to berth it in the Emirate. Chui says: "The ship's redevelopment is a once-in-a-lifetime opportunity for [...]