A 24-year-old man was fatally stabbed outside the Park Tower Hotel and Casino in Knightsbridge, London, on Wednesday evening, in what is believed to be a targeted robbery for his watch. 

The incident occurred around 9:30 PM near the luxury £1,650-a-night hotel, close to Harrods and Hyde Park. Witnesses reported that a masked assailant attempted to steal the victim's watch before stabbing him. Emergency services responded, but the man succumbed to his injuries at the scene. 

The Metropolitan Police have launched an investigation and set up a crime scene, but no arrests have yet been made. Authorities are exploring robbery as a potential motive while keeping other possibilities open. 

The incident, which has alarmed local residents and business owners, has led to heightened police presence in the area. The victim’s next-of-kin have been informed and are receiving support. 

Superintendent Owen Renowden emphasized the seriousness of the case and confirmed that detectives from the Specialist Crime Command are leading the investigation. Members of the public with information are urged to contact police or Crimestoppers.