$11 Million Christmas Tree

In contrast to the artificial tree in our home, and the bargain tree my parents have this year, a glitzy hotel in Abu Dhabi has put on show a jewel-encrusted Christmas tree which it says is worth over $11m (£7m).

Items of jewellery studded with scores of precious stones are draped on the tree’s branches, along with more traditional baubles and lights.

While the tree alone is worth a mere $10,000, the jewellery adds more than $11m to the value, said the hotel’s general manager Hans Olbertz.