Now that the Michelin food critics have declared Tokyo the world's culinary capital, this week's publication of the 2008 guide to France had the feeling of a day of reckoning. Sure enough, the red book reduces Paris' vaunted Le Grand Véfour from three stars to two, citing inconsistency at a restaurant that predates the French Revolution. "No stars are awarded out of kindness," said the guide's director.
Michelin did find some good things to eat in Paris, reports Bloomberg; it awarded a second star to L'Atelier de Joël Robuchon, a Japanese-inspired countertop eatery. But the only new three-star restaurant is a seafood restaurant in Marseille overlooking the Mediterranean. Achieving three-star status can boost a restaurant's revenue up to 40% as reservations swell, particularly from foreigners.