Luxury Daily, Dec. 10, 2021 – Growing wealth contributing to luxury real estate competition
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| | Real estate Growing wealth contributing to luxury real estate competition  |  The hybrid lifestyles that have emerged during the COVID-19 pandemic will continue to influence the luxury real estate market into 2022. Entire
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| Software and technology Skepticism grows as AI gets smarter: YouGov |  Artificial intelligence (AI) is quickly integrating itself into everyday life processes, from grocery shopping to manufacturing, and consumers are growing skeptical of the implications of machine learning and automation. Entire
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| Travel and hospitality Condé Nast Traveler goes global with 2022 Gold List FREE |  As the luxury hospitality industry looks to 2022 with optimism for a sustained recovery, Condé Nast Traveler is honoring elite hotels with its annual Gold List. Entire
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 | Strategy Subscribe now: Full access to 90,000+ articles, reports, videos and images FREE |  We invite you to subscribe to Luxury Daily and join the ranks of the smartest luxury marketers worldwide. Our subscribers include decision-makers and executives from the world's leading luxury brands, retailers, agencies, publishers, market researchers, universities and consultancies. Entire
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| News briefs Neiman Marcus, Bentley, Sotheby’s, Phillips and Walpole |  Luxury Daily’s live news: Neiman Marcus highlights White Elephant celebrations; Bentley opens new engineering test center in England; One Sotheby’s International becomes official partner of Miami Dolphins; Phillips names Benoît Repellin head of jewelry in Europe; New COVID-19 restrictions should not derail luxury shoppers: Walpole. Entire
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| Retail Gen Z is the new target for hard luxury in China |  In 2019, millennials and Gen Z accounted for nearly 40 percent of global luxury spending, and by 2026, this number will rise to 60 percent. Already in China, Gen Z consumers make an estimated 15 percent of all luxury purchases. Entire
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