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Four Seasons Hong Kong, Meet Asia's Modern Art Scene

Where: 8 Finance Street, Central, Hong Kong, Hong Kong

The Four Seasons Hong Kong, a tower of curved metal filled with avant garde furniture with a Chinese flair, just got even hipper. The hotel will host Hong Kong’s first modern art auction next month, when Taipei’s only contemporary auction house, Ravenel, and a plethora of other Asian art dealers, besiege the city for the first major bizarre of its kind.

Art dealers say Hong Kong’s citizens have developed a voracious appetite for high-priced artwork, rivaling those in London and New York. The day the city-state starts to rival Paris in its number of art hotels, we’ll know it has really become the high-culture epicenter of the world.

It’s not that surprising, since the Hong Kong dollar is going the way of the Japanese yen and strengthening at a rapid—and frightening for the manufacturing sector—pace. The bright spot in this is for people buying goods within the country. Staying at a hotel with huge plasma TVs and infinity pools facing the harbor paired with purchasing an authentic portrait by Lu Hsien-Ming is a handy way for Hong Kong’s elite to shrug off those recession blues. Rates start around $231 a night.

[Photos: Ravenel and Jay.Tong]