A luxury hotel opening outside Shanghai is offering guests with deep pockets the opportunity for a very deep sleep.
The 18-story Intercontinental Shanghai Wonderland Hotel has been built into the side of a huge hole in the ground left by a former pit mine. Sixteen of its floors are below ground level, looking out onto the rest of the former quarry. Two floors are underwater.
“I have designed many different types of buildings in the UK, in Europe, in Dubai, and so on, but this one was totally different and became almost my life’s work — so that’s why I’m saying it’s probably the most important building that I have designed,” said chief architect Martin Jochman, who is known for the sail-shaped Burj al-Arab skyscraper in Dubai.
Photo: AP
The project began in 2006 and construction got under way in 2013. The team faced delays and a host of technical challenges, including meeting strict earthquake regulations and maintaining water levels.
UNESCO representative Michael Croft said the 336-room hotel is a model of sustainable development.
“It’s a model that has been inspired by a vision of a better future, and a present that looks to its past for answers,” he said on Thursday at a news conference introducing the hotel.
The hotel, which is in Songjiang near Shanghai Hongqiao International Airport, opens on Tuesday. Rooms are priced from 3,666 to 6,000 yuan (US$528 to US$865).
“We could have abandoned this quarry,” said Xu Shitan (許世壇), vice chairman of Hong Kong property developer Shimao Group (世茂), which developed the hotel. “But we didn’t. We turned it into a treasure.”
BYPASSING CHINA TARIFFS: In the first five months of this year, Foxconn sent US$4.4bn of iPhones to the US from India, compared with US$3.7bn in the whole of last year Nearly all the iPhones exported by Foxconn Technology Group (富士康科技集團) from India went to the US between March and last month, customs data showed, far above last year’s average of 50 percent and a clear sign of Apple Inc’s efforts to bypass high US tariffs imposed on China. The numbers, being reported by Reuters for the first time, show that Apple has realigned its India exports to almost exclusively serve the US market, when previously the devices were more widely distributed to nations including the Netherlands and the Czech Republic. During March to last month, Foxconn, known as Hon Hai Precision Industry
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and the University of Tokyo (UTokyo) yesterday announced the launch of the TSMC-UTokyo Lab to promote advanced semiconductor research, education and talent development. The lab is TSMC’s first laboratory collaboration with a university outside Taiwan, the company said in a statement. The lab would leverage “the extensive knowledge, experience, and creativity” of both institutions, the company said. It is located in the Asano Section of UTokyo’s Hongo, Tokyo, campus and would be managed by UTokyo faculty, guided by directors from UTokyo and TSMC, the company said. TSMC began working with UTokyo in 2019, resulting in 21 research projects,
Taiwan’s property market is entering a freeze, with mortgage activity across the nation’s six largest cities plummeting in the first quarter, H&B Realty Co (住商不動產) said yesterday, citing mounting pressure on housing demand amid tighter lending rules and regulatory curbs. Mortgage applications in Taipei, New Taipei City, Taoyuan, Taichung, Tainan and Kaohsiung totaled 28,078 from January to March, a sharp 36.3 percent decline from 44,082 in the same period last year, the nation’s largest real-estate brokerage by franchise said, citing data from the Joint Credit Information Center (JCIC, 聯徵中心). “The simultaneous decline across all six cities reflects just how drastically the market
Ashton Hall’s morning routine involves dunking his head in iced Saratoga Spring Water. For the company that sells the bottled water — Hall’s brand of choice for drinking, brushing his teeth and submerging himself — that is fantastic news. “We’re so thankful to this incredible fitness influencer called Ashton Hall,” Saratoga owner Primo Brands Corp’s CEO Robbert Rietbroek said on an earnings call after Hall’s morning routine video went viral. “He really helped put our brand on the map.” Primo Brands, which was not affiliated with Hall when he made his video, is among the increasing number of companies benefiting from influencer