Hard Rock Cafe Reopens in Caracas Amid Uneven Economic Recovery
- New location to open Thursday in residential area of capital
- Consumption boom creates fertile ground for new restaurants
Photographer: Xaume Olleros/Bloomberg
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The Hard Rock Cafe is reopening its location in Caracas in a sign that international brands are starting to return to Venezuela amid an uneven economic rebound following years of hyperinflation and recession that drove many away.
The new venue is scheduled to open its doors Thursday by a franchise partner, according to an emailed statement by Hard Rock International. The inauguration of the 16,400 square feet (1,520 square meters) restaurant will feature live music and a new collection of memorabilia.