Venezuela takes over Hilton

Venezuelan President Hugo Chavez has reportedly ordered the obligatory acquisition of a Hilton-run hotel on the resort island of Margarita.



The move was ordered just weeks after the hotel housed Libyan leader Muammar Gaddafi and Zimbabwe\'s Robert Mugabe during the Africa-South America Summit.



A decree signed by Mr Chavez said the hotel would help to develop tourism projects in a socialist framework.



Hilton Worldwide, which manages the hotel, said its currently analyzing the move.