During the past few days, the news of Mr. Nguyen Huu Duong (also known as the “beer magnate” Duong), Chairman of the Board of Directors of Hoa Binh Company Limited, announcing the cessation of selling gold-plated hotels has attracted public attention.

Previously, in an interview with Dan Tri journalists, the “beer magnate” Duong shared that the investment cost for the hotel exceeded 100 million USD and he considered this figure “quite cheap.”

The reason for the high cost is that the hotel has 360 bathtubs, and a bathtub like that in Japan would cost 1 million USD. According to this magnate, to create the hotel, he traveled to Dubai, United Arab Emirates to explore and study.

Previously, this hotel has appeared multiple times in international newspapers and magazines such as Reuters, AFP, and CN Traveller.

The 25-story gold-plated hotel has 3 facades, with a panoramic view of Giang Vo Lake to the north. The project includes 342 bedrooms, 8 standard meeting rooms, 3 restaurants serving Asian-European cuisine, and a gold-plated infinity pool.

Opened in 2020, the hotel alongside Giang Vo Lake has garnered international media attention, praising its extravagant construction in the heart of the capital.

Rambler from Russia once wrote about the hotel, expressing surprise at every detail inside “glistening with gold” from the main hall to the bathrooms.

According to Reuters, this 5-star hotel is gold-plated even in the restrooms, including a 24-karat gold-plated infinity pool on the rooftop. The bathrooms are also decorated with gold-colored metals.

CN Traveller compared the room rates of the gold-plated hotel to be 250 USD/night (over 6 million VND), lower than the average price of luxury rooms in many major cities in India.

The SCMP reporter from Hong Kong described the “luxurious exterior of the building covered from top to bottom with bright and rich precious metal. The façade is very eye-catching, especially when the sunlight shines on it. The luxurious touch extends into the interior as well.”

At the time of its opening, international media praised it as “the most gold-plated hotel in the world.”
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