Beijing's western Mengtougou district announced at a press conference Wednesday that it plans to cooperate with Saudi Arabia to build a seven-star hotel, Beijing Morning Post reported Thursday.

The hotel is said to cost at least 1 billion euros and it is going to become a landmark in the district. City officials said the hotel will take design cues from Burj Dubai tower, the world's tallest building.

File photo shows a group of Emiratis walk past the Burj Dubai Tower, the tallest tower in the world in Dubai. [Photo/Agencies]