Tokyo Ritz Holds Stinker of a Truffle Auction
Why is it that world’s most unappetizing foods are also its most expensive? Sevruga caviar and white truffles both look like something produced by the digestive tract. Still, tasting these rare flavors is a sign of status, and a group of tycoons gathered at the Ritz-Carlton Tokyo last night to bid for the rare Italian mushrooms.
Maybe they wanted to avoid the bumping nightlife surrounding the hotel, or perhaps the lousy economy is finally hitting the people at the top (who, arguably, caused the whole mess), because, guess what? The event, The 10th Annual Word Alba White Truffle Auction was a big flop.
A Japanese handbag retailer paid $30,900 for a 850-gram truffle, which, by weight, was 84 percent less than the $330,000 a Macau casino billionaire paid last year. Prior years netted equally high sums, which all goes to various charities.
Of course, most economists would put the blame on the global credit crunch. Yet we think the event was a bust because it moved from the now-defunct Ritz-Carlton Hong Kongto the chain’s Tokyo hotel this year. Looks like everyone’s mourning the loss of Hong Kong Ritz’s great views and awesome service.
[Photo: Bruce Lee]
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