Queen Elizabeth 2 Cruise Ship Floating Hotel Plans Halted

March 9, 2009 | Posted by bLavish as Boats at 10:00 am | Comments off

Another Dubai project is seeing the brakes, as worldwide investors are bracing for more bad economic news.

Plans to turn the Queen Elizabeth 2 cruise ship into a luxurious floating hotel have been stalled.   Purchased by government-owned developer Nakheel, the QE2 was to be a new tourist destination that would boast a 500-seat theater and massive spa complex.

Instead, the QE2 is sitting silently on the waters, waiting until such time as the project will be picked up once again.