World’s largest superyacht hotel put on hold, thanks to recession

Plans for the world’s largest luxury yacht hotel have been put on hold. Aquiva, the world’s biggest floating hotel, was due to open in London in time for the 2012 Olympics. The original plans were to moor permanently the 170m Aquiva superyacht at Canary Wharf in London. Rainsford Mann Design (RMD) was appointed in 2003 by Aquiva to design the exterior and interior of the superyacht hotel, which features 158 rooms and suites, an onboard ballroom, a spa, gym, pool, a business center with five meeting suites, bars and several restaurants. Unlike most mega-yachts that feature the captain’s bridge, the Aquiva will have a presidential suite. Every suite on the floating hotel will boast its own Jacuzzi. Steve Tight, the chief executive of Aquiva, said…