Tuesday, February 2, 2010

Olympic cruise ship as floating hotel plan could be sunk

A plan to berth an 1,100-room cruise ship in North Vancouver for use as a floating hotel during the Olympic Games appears to be in serious danger of sinking.


Edmonton-based Newwest Special Projects - which has marketed the Norwegian Star to Games visitors for the past nine months - said in a statement over the weekend that sales have been disappointing while expenses have increased beyond expectations. It said it is negotiating with its partners to try to lower costs and keep the project alive.

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