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Hotel Haegumgang: The sad and surprising story of North Korea's floating hotel

Summary by Ground News
The world's first floating hotel was built over Australia's Great Barrier Reef in 1988. The hotel was a centerpiece of the Mount Kumgang resort area in North Korea. It cost an estimated $45 million and opened for business on March 9, 1988. After just one year, the Four Seasons Reef Resort had become too expensive to run.

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CNN broke the news in Atlanta, United States on Monday, August 22, 2022.
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