The Emirates Palace Hotel has the distinction of being only the second seven-star hotel in the world, next to Burj Al Arab in Dubai. At a cost of $3bn, the hotel is certainly the most expensive ever built.
On November 2005, the Emirates Palace opened its doors for the first time. The hotel is operated by the Kempinski Hotel Group and owned by the government of Abu Dhabi. Emirates Palace employs approximately 2,600 staff, representing about 50 nationalities, with an average of three staff members for every guest.
The hotel was built as a superlative for national prestige and not as a profit-making concern, although next to oil, tourism is the largest money spinner in Abu Dhabi. The hotel was constructed to the highest possible standards of luxury and technology.