Forget about five star hotels, the latest buzz is all about seven stars! right in time for the Beijing Olympic games, China is leading with adding a second seven star hotel in the world (Dubai’s seven star Burj Al Arab Hotel was the first).

The Morgan Plaza (Now called the Pangu Plaza 7 Star Hotel) is a multiple building complex overlooking the busy Olympic District of Beijing, a neighbour with many of the 2008 Beijing Olympic venues, including the National Stadium (Bird's Nest) and the National Aquatic Center (Water Cube). Also, it will be close to the National Library, the 4th largest in the world and largest in China. The Morgan Plaza Hotel occupies the "Third Block" of the "Pangu". The plaza  contains two pavilions, a temple, the world's best Japanese restaurant and a 600 meter long corridor.

Rumors say that apartments at the Morgan Plaza are rented for around $800,000 a year, cheap enough for Bill Gates to rent a top floor court yard house for the Olympic Games. His apartment has one of the best views of the Olympic venues including the main stadium and the swimming center. That's the way to experience the Olympics!