[citation needed] In the 1930s, coffee plantations covered the hotel site.

In 1965, engineer Juan Sánchez Carranza was chosen to construct an apartment building on the site, which was completed the following year.

However, before residents moved in, the building was repurposed as a luxury hotel and rebuilt.

The hotel was officially opened by President Rafael Caldera on October 31, 1969 as the Caracas Hilton.

In 2007, the government-owned hotel let its management contract with Hilton lapse after 38 years.