Dubai-based developer Nakheel says it will not operate the Queen Elizabeth 2 when the former luxury liner is transformed into a hotel in three years, Gulf News has reported. Nakheel is in talks with major hotel operators to see which will run the hotel, and it will 'most likely' be one that Nakheel has already worked with, said Manfred Ursprunger, CEO of Nakheel Hotels, QE2 Enterprises.