Word: tamanaco
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...than its whopping oil income of about $600 million a year. Selling new concessions is a way to get plenty of quick cash. With oilmen flying south on nearly every plane, and with the likes of Texas' Multimillionaire Wheeler-Dealer Clint Murchison settling down in Caracas' Hotel Tamanaco, the Gaceta Oficial will probably print a lot more exciting news in coming months...
...Caracas, Venezuela, for the weekend. Since bosomy Italian Actress Silvana Pampanini was occupying the Hotel Tamanaco's luxurious presidential suite, Peron made do with lesser quarters and jovially met the press on the terrace. What about Nelly? the reporters asked. "I'm too old for politics, war or women," joked 60-year-old Juan Peron. What did he think of Argentina's new president, General Eduardo Lonardi? "Lonardi is like the man who leaped from the roof of a twelve-story building and yelled as he passed the fourth floor, 'I'm doing well...
Grand Hotel. At a $75,000 white-tie party last week, the President formally opened the 400-room Hotel Tamanaco in the capital city of Caracas (pop.: 800,000). Two thousand guests drank champagne and Scotch, nibbled at 6,500 lbs. of meat and fowl. They were entertained by Parisian Chanteuse Patachou (who got $10,000 for a week's work). Colonel Pérez Jiménez, dressed in a braid-crusted white tunic and black trousers with a crimson stripe, himself danced the first rumba...
...Tamanaco cost $8,500,000-half from the Venezuelan government, a quarter from local private capital and a quarter from the U.S. Export-Import Bank. For the U.S. salesmen who swarm to the booming capital, it offers comfortable rooms at $8 a day; for luxury-seeking tourists it has suites...
...cooperation with the U.S. Export-Import Bank and private interests in Latin American countries, I.H.C. also has an ambitious hotel-building program underway. Scheduled to open next fall, in time for the projected Inter-American Conference of Nations, is Caracas' $7,000,000, 400-room Tamanaco. Bogotá's 400-room Tequendama and Maracaibo's 150-room Del Lago, opening later in the year, will finally give those cities first-class hotels ; and the 600-room Copan, due to be completed in 1954, will help fill the urgent need for more and better hotel accommodations in booming...