The 13-metre (40-foot) faux evergreen, located in the gold leaf-bedecked rotunda of the hotel, is decorated with silver and gold bows, ball-shaped ornaments and small white lights. But the necklaces, earrings and other jewellery draped around the tree's branches are what give it a record value. It holds a total of 181 diamonds, pearls, emeralds, sapphires and other precious stones, said Khalifa Khouri, owner of Style Gallery, which provided the jewellery.
"The tree itself is about 10,000 dollars," Olbertz said. "The jewellery has a value of over 11 million dollars -- I think 11.4, 11.5."
Asked if the tree might offend religious sensibilities in the United Arab Emirates, where the vast majority of the local population is Muslim, Olbertz said he did not think it would. "It's a very liberal country," he said.
Like other hotels in the United Arab Emirates, it has had a Christmas tree up in previous years. But this year, "we said we have to do something different," and the hotel's marketing team hatched the plan, said Olbertz.
SOURCE: "UAE hotel erects 11-million-dollar Christmas tree", December 15, 2010.
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