Flashy Hotel Displays $11 Million Christmas Tree

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A hotel in Abu Dhabi decided to go extravagant this holiday, erecting a bedazzled Christmas tree valued at more than $11 billion.

The tree is filled with expensive jewelry from diamond necklaces and earrings, to pearls emeralds, and rubies.

The 43-foot artificial tree is in the lobby of the Emirates Palace hotel.

The tree alone -- without decorations -- is worth about $10,000.

Emirates Palace has a track record of over-the-top stunts.

The hotel installed a gold ATM near its lobby, where customers can buy bullion, and holds a Guinness world for the most expensive alcohol.

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