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Luxury hotels in Caracas, Venezuela: How profitable have they turned out to be?

US$950 for a night in eastern Caracas? Yes, it is possible.

And the fact is that luxury hotels in the Venezuelan capital have not stopped operating and even adapting their prices to international standards, despite the economic crisis in the country, above and beyond the slight economic rebound.

Opened in 2014, the Cayena hotel, the first of The Leading Hotels of the World chain in Venezuela, became one of the most expensive . . .

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