Russians replace wealthy Western visitors on Venezuela’s down-at-heel holiday island
On Margarita Island, derelict hotels stand on dead streets after a decade-long downturn stripped the ‘pearl of the Caribbean’ of its lustre
One of the five stars that used to adorn the facade of the Margarita hotel on the Venezuelan paradise island of the same name has fallen off.
Not that there are any guests to notice.
The hotel is abandoned, its peeling facade a symbol of the decline of an island once dubbed the “Pearl of the Caribbean” that has been robbed of its shine by a severe economic crisis.
A short drive away by car, a herd of cows grazes in front of another vacant former five-star hostelry, Lagunamar.
It looks as if an earthquake ripped through here, tearing the roof off a poolside pavilion, tossing lamps and toilets around the garden and leaving mounds of rubble.