A ‘seven star’ luxury hotel construction project in downtown Pyongyang has ground to a halt, multiple sources in North Korea have confirmed to NK News.

The construction of the hotel, which was previously claimed to be called the Yonggwang (영광호텔 – “Glory”) Hotel and include a major casino, was abandoned after foreign investors lost confidence in the project, one source claimed.

“They lost investment so as of now it’s just sitting there rotting away. No one is interested,” the source said, who requested anonymity due to ongoing business interests in the DPRK.

“I can confirm that there is no construction continuing