Diamond Heist at Carlton InterContinental
Monday July 29th, 2013 - 5:08PM W
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CANNES, FRANCE—A thief stole millions in jewelry from the Carlton InterContinental Hotel in Cannes, France.
The theft occurred around noon. Original estimates stated that jewelry in excess of $50 million was stolen, while reports since have said that the amount has more than doubled, with a reported $136 million in jewels taken from Leviev Extraordinary Diamonds exhibition, which was supposed to run through August.
The armed robber, who was wearing a hat and scarf, was said to have stolen jewels and diamond-encrusted watches. There were no injuries reported.
Tags: • Hospitality •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.