The Rainbow Hotel (Hongqiao binguan) is a four star hotel run by the Huating corporation. The hotel opened to the public in an especially lucky date in China: 8.8.88, and was the first hotel to go up in the Hongqiao district. The hotel has 630 guestrooms and suites, and the services and amenities here are of a very high standard. There are different restaurants in the hotel offering cuisine from all over the world. The hotel has a multi-function hall which is furnished with good conference facilities. Other facilities include a business center, shopping arcade, bars, karaoke and a disco. The hotel also has an indoor swimming pool and a gymnasium.