JOIN USTowering some 490 metres (1,600 feet) above the bustling, chaotic streets of the Southern Chinese city, the Ritz-Carlton Hotel is making a grand comeback after temporarily closing in 2008.
Visitors peered out of the floor-to-ceiling windows of the 118th floor of the International Commerce Centre, which houses the hotel, for a 360 degree view of the glitzy financial hub and the South China Sea.
"We're opening an iconic hotel which took us about 10 years to build," President and chief operations officer Herve Humler told reporters.
The Ritz-Carlton however will likely lose the world's highest hotel title in 2014, according to media reports, when the J-Hotel opens near the top of the over 600-metre Shanghai Tower in mainland China.
"People compete all around the world about everything -- I'm sure someone somewhere is building an even taller building as we speak," Humler said. "We emphasis service."
The Ritz-Carlton Hong Kong also will be one of the most expensive places to stay in a city already packed with luxury hotels, with the rack rate starting at HK USD 6,000 (USD 770) a night for a deluxe room.
A presidential suite is going for HK USD 100,000.
Inside, the Ritz-Carlton Hong Kong exudes a chic, modern vibe in the restaurants and lobby areas, with a lot of sparkling decor and chandeliers, the main colour themes being black, brown and beige.
Visitors can expect to find facilities that include the highest bar in the world, and a top-floor pool that will feature a 19-metre ceiling-mounted LCD screen which swimmers can watch while enjoying the warmth of the heated water.
Humler said mainland Chinese customers account for about 35 percent of the hotel group's market, up from just three to four percent 14 years ago.