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Admares Floating Real Estate is a partner in the project for a five-star facility including restaurants, spa, nightclub and rooftop pool.
It could be moved to another coastal location after the competition to cater for another big event and would not depend on location infrastructure because it would have an independent sewage treatment, power generation and recycling capabilities.
In a statement Admares said: “The floating hotel provides all the same services and amenities that are available in hotels constructed on land while simultaneously offering the additional experience of floating on water and all around access to exceptional views.
“A floating hotel is a viable option for areas where land is scarce, fully developed or challenging to develop.
“It be tailored to meet the exact needs of the operator in terms of the number of rooms, types of restaurants, number and location of pools, placement of balconies and terraces, which can all be altered to suit the purpose.
“The exterior architecture is fully customizable to suit the location’s surroundings. In addition, a parking garage can also be built into the hotel complex, which guarantees available parking to guests even in fully developed city areas.”