Posted Oct 18, 2011, 2:29 PM
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Join Date: May 2011
Location: Toronto
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http://homesandcondosblog.com/home/l...spot-4733.html
LONGXI INTERNATIONAL HOTEL: NEW GLOBAL HOT SPOT
17 OCTOBER 2011
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Huaxi Village in the Jiangsu Province of China has added a new jade tinted tower called the Longxi International Hotel to what seems to be the beginning of an impressive skyline. Huaxi is China’s and possibly the world’s richest village. Supposedly as a result of China’s economic reform, what used to be a poor farming village has slowly transformed into the luxurious community (some say utopia) it is today.
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There is a multitude of benefits provided for every resident of the village; health care, education, cars, and even their homes are free. There is a catch though, every resident must work in one of the village’s industrial plants, producing mostly textiles and steel, every day of the week. The hard, never-ending, work week doesn’t seem to affect the residents’ morale because there’s food on their tables, a roof over their heads, and they have more money than they know what to do with.
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The reason the impressive income of the village’s residents is significant is because each household is a mandatory investor in the Longxi International Hotel. Each household contributed 10 million yuan, or $1.6 million to the construction of the tower, and now they are all shareholders and will each profit from its almost guaranteed success.Longxi International Hotel cost $470 million to build, and stands alone at 1,076 feet as the only highrise in the village.
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Longxi officially opened its doors to guests about a week ago on Huaxi’s 50th anniversary. There are said to be over 800 suites, which accommodates approximately 2,000 guests. The hotel has all of the amenities you would expect a luxury hotel to have; an exhibition hall, revolving restaurant, rooftop swimming pool surrounded by gardens, a mall, theatre, and a spa – oh, and a one-tonne gold statue of an ox on the 60th floor.
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