The 26-story Mandarin Oriental, flagship of the luxury hotel group, was the tallest building in Hong Kong and set the standard for luxury in Far East hotels when it opened in 1963. The 501-room icon underwent a US$150 million renovation in 2006 that left the famed lobby, Captain's Bar, Clipper Lounge and Chinnery Bar but created 10 restaurants, including Pierre Gagnaire's Michelin-starred Pierre and a three-story spa. It is the official hotel for Art Basel Hong Kong.