Caracas, Venezuela – The Hotel Humboldt in Venezuela is the project of an extravagant Military dictatorUse of Oil Charges in the 1950s. It was an icon of Venezuela’s golden age. Now it is irrefutable evidence of the increasing class differences in the country.
Former President Hugo Chávez began restoring the 14-story tower in 2012. Despite the shortage of food and medicine, President Nicolas Maduro completed the project in 2018. This is where the government’s elite celebrate.
Carlos Salas, the hotel’s general manager, said a one-night stay at the mountaintop hotel in Galipan, a small town in a protected national park, cost an average of $ 300. That’s roughly 12 years of work for someone earning the country’s minimum wage.
Salas said the state-owned hotel is under private management. Maduro is proud. He toured one of the hotel’s 69 suites. It overlooked Caracas. He shared the video on social media and spoke about the hotel’s casino on national radio.
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The hotel has a pool, spa, and six restaurants. In order to play in the casino, bets must be placed in Petros, Venezuela’s digital currency. Players can buy the Petro tokens with any cryptocurrency, yuan, yen, dollar or euro. Government employees receive their bonuses in Petros.
Henkel García of Ecoanalitica, a Caracas-based consultancy that reported on the gradual dollarization of the Venezuelan economy, said the luxury of the hotel was reminiscent of that The transformation undertaken in post-communist Russia. The economic transition allowed politicians to join the top 10% who controlled most of Russia’s wealth.
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Weddle from Bogota, Colombia and Torres contributed to this report from Miami.
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