Most expensive hotel in Europe almost ready for its first paying guests

Recession? Not for everyone apparently. Russian Billionaire Telman Ismailov just spent $1.4 Billion of his own money building the most expensive hotel in Europe. The Mardan Palace hotel is located in Antalya, on the Turkish Riviera. The building was inspired by the Ottoman empire and the famous Dolmabahçe Palace in Istanbul.

The hotel has 560 rooms, 2 of which are "royal suites" which can be yours for just over $18,000 a night. That does get you your own private "golden" swimming pool so its totally worth it.

Regular rooms start at a much more reasonable $300 a night. Suites are equipped with remote controlled toilets, flat panel TV's with a multimedia system, Hermès toiletries and access to a 24 hour butler service.

The hotel is scheduled to open its doors in June. When guests are not enjoying the amenities in their rooms, they can visit the spa (which covers 2 acres), the vitamin or Champagne bar, or a golf course designed by Jack Nicklaus.