Global wealth
daily briefs
Curated insights each day from Global Wealth Office.
connecting markets, property, art, and culture across New York, Dubai, Palm Beach, and beyond.
Aspirational Luxury Shows Strain as Birkin Resale Prices Ease
Softening resale prices for Hermès Birkin bags point to weakening demand among aspirational luxury buyers, highlighting a growing divergence between discretionary consumers and ultra-high-net-worth spending.
Saudi–Qatar High-Speed Rail Plan Would Put Riyadh–Doha Within Two Hours
Saudi Arabia and Qatar signed an agreement for a high-speed electric passenger rail link connecting Riyadh’s King Salman International Airport and Doha’s Hamad International Airport, with service planned within six years.
Marriott Accelerates Expansion in India as Luxury Travel Demand Surges
Marriott International is preparing a significant expansion across India, driven by rapid growth in premium travel, upscale hospitality demand, and emerging high-value markets
Luxury Market Cools as Consumers Resist Price Increases
After years of aggressive increases, brands confront slowing demand and shifting expectations.
The Evolving shape of luxury travel
Forbes highlights the major luxury-travel shifts for 2026, from wellness-driven escapes to immersive, off-the-beaten-path destinations, signaling a new era for high-end tourism.
Qatar to Transfer $3.5 Billion to Egypt for Mediterranean Tourism Site
Qatar will send $3.5 billion to Egypt for a new Mediterranean tourism development at Alam Al-Roum—part of a $30 billion plan signaling renewed Gulf confidence in Egypt’s reform path and the shifting geography of long-term investment.
Luxury Hotels Go Green- Without Losing Their Gold Standard
Sustainability becomes the new measure of sophistication.
