A huge glass hotel complex to be built on the Smichov’s promenade in Prague. The investor intends to build a hotel with more than 300 rooms and a conference hall, designed for business meetings with more than 600 people capacity. The hotel will be located on the embankment, which will allow guests to enjoy a wonderful Prague’s view.
Hotel project was developed 10 years ago, but he was constantly postponed: the main reason was the investor’s financial difficulties. It is planned to invest around 850 million crowns, 12 million of which will be spent on the construction of fortifications to protect the complex from flooding, and about 120 million will be spent on furniture, interior decoration and etc.
The exact date of the hotel’s opening is so far unknown.