The new hotel will be in the landmark Dicara Golden Tower which is 200 meters tall and in Hangzhou that is a very tall building. The area of Qianjiang where the hotel will be opened is a planned new business district.
Basically, the hotel will be both a MICE hotel in that it includes meeeting rooms and large board rooms, and a resort hotel in that there will be a spa, indoor swimming pool and all the trimmings.
This news from CarRentals.co.uk, which is not what you would think of as a traditional news source.