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QE2 set to become floating hotel QE2 set to become floating hotel
(20 minutes later)
Dubai is to buy the Queen Elizabeth 2 cruise ship for $100m (£50.5m) and turn it into a floating hotel off the Gulf emirate's man-made islands.Dubai is to buy the Queen Elizabeth 2 cruise ship for $100m (£50.5m) and turn it into a floating hotel off the Gulf emirate's man-made islands.
The 70,000-tonne vessel, launched by the Queen in 1967, is to be sold to the Dubai World firm by Carnival, the world's largest cruise operator.The 70,000-tonne vessel, launched by the Queen in 1967, is to be sold to the Dubai World firm by Carnival, the world's largest cruise operator.
Dubai government-owned real-estate developer Nakheel is building three palm-frond shaped isles off its coast.Dubai government-owned real-estate developer Nakheel is building three palm-frond shaped isles off its coast.
The ship will be berthed from 2009 at a pier at the Palm Jumeirah development.The ship will be berthed from 2009 at a pier at the Palm Jumeirah development.
'Maritime nation''Maritime nation'
Dubai World, whose investment arm Istithmar has made the purchase, also owns shipping company P&O.Dubai World, whose investment arm Istithmar has made the purchase, also owns shipping company P&O.
Istithmar hopes to recreate the QE2's original interior decor and fittings, and to establish a museum charting the ship's history.Istithmar hopes to recreate the QE2's original interior decor and fittings, and to establish a museum charting the ship's history.
Dubai World chairman Sultan Ahmed bin Sulayem said: ""Dubai is a maritime nation and we understand the rich heritage of QE2. Dubai World chairman Sultan Ahmed bin Sulayem said: "Dubai is a maritime nation and we understand the rich heritage of QE2.
"She is coming to a home where she will be cherished.""She is coming to a home where she will be cherished."