Venezuela’s Solution To a Collapsing Economy and Rampant violence: Woo Tourists

In Venezuela On

— With its oil industry floundering, Venezuela is searching for a new engine of growth for an economy in free fall. The embattled socialist government thinks it has an answer — a future built not only on drilling and roughnecks, but beach umbrellas and piña coladas.

“Tourism is the oil that never runs out,” Marleny Contreras, the nation’s tourism minister, recently proclaimed.

Yet for a country saddled with the world’s highest inflation rate and rampant violence, becoming a tourist paradise may be as improbable as a new Disney theme park in Damascus.

Amid severe scarcities of basic goods, some hotels here have begun rationing toilet paper. Crisis-battered Venezuelans on local escapes, meanwhile, have graduated from stealing towels to pocketing lightbulbs and even coffee makers. Some resorts force their guests to sign contract-like inventory lists and submit to detailed room inspections at check out.

To keep up with an annual inflation rate of 3,000 percent, restaurants and hotels are jacking up prices almost daily. Depending on how they play Venezuela’s rough-and-tumble exchange-rate market, foreign visitors could end up paying next to nothing — or nearly $500 — for the same bottle of Venezuelan rum.

Read full article

You may also read!

Don’t Make Health Care a Purity Test

We’re now in the silly season of the Democratic

Read More...

In Golan Heights, Trump Bolsters Netanyahu but Risks Roiling Middle East

President Trump declared on Thursday that the United States

Read More...

Wisconsin Judge Blocks Republicans’ Lame-Duck Power Grab

A Wisconsin judge on Thursday blocked several lightning-fast actions

Read More...

Mobile Sliding Menu

Common Ground
We don’t need to search any further for common ground in our country. We have it.
We all want the same things – a safe, prosperous, free, democratic nation with opportunity for all. At the same time, we will all be harmed if our democracy, our free press, our Constitution and our core American values are threatened. We will all certainly be harmed if reckless behavior triggers any number of potential armed conflicts.

None of us know how this will all play out so let's make a deal. Let’s get up to speed on the issues, establish some facts, take action and watch what happens together . . .