Your data has shown uh that there's been a 130% surge in luxury spending over the last two years. Is that growth unique to the UAE or are you seeing that in other parts of the world as well. >> So the growth is much more amplified in the UAE.We do see growth in other parts of the world as well, but what we see coming out of the UAE and the GCC is much higher, much above the rest of the world. So the 130% number that you mentioned over the last two years is certainly for this part of the world more than anyw ...

Welcome back to Money Movers. In 2017, New York's iconic Waldorf Historia Hotel closed for extensive renovations. Now, eight years later, the doors to the Waldorf are back open for bookings in the nearly 400 guest rooms and suites.And today, the hotel announcing the reopening of its 43,000 square ft of event spaces, including a 1500 person capacity grand ballroom, a historic one. I got a chance to be in there with the CEO, Chris Netta of Hilton. We also talked exclusively about the company's bet on luxury, ...

Luxury spending is defying a global slump in wealthy Singapore, a beacon for high-end retailers grappling with sluggish demand in major markets including China and the US. https://t.co/pHLDgLUocg ...

Luxury spending is defying a global slump in wealthy Singapore, a beacon for high-end retailers grappling with sluggish demand in major markets including China and the US https://t.co/vJB9w4GV0W ...