Dubai is set to get a five-star Venice-inspired floating hotel, which will feature underwater cabins and gondolas imported from Italian city Venice, 4 kilometres from its coast. Popular Venetian traditions and festivals like 'Carnevale di Venezia' and 'Regata Storica di Venezia' will be celebrated at the hotel. Dubbed 'The Floating Venice,' it will feature 12 restaurants and an underwater spa.