We spent 5 nights at Parakaupa. Parakaupa is beautiful: pleasant rooms, some of them quite big and with a nice waterfall view. The rooms are comfy and some have AC; bathrooms are elegant and sparkly clean; the food is PLENTY and realy good. What amazed me was the service. They really tried to make our stay as pleasant as possible. The waiter (Rodrigo) was attentive, careful and very pleasant (incredible service for the middle of nowhere!), the guide (Gonzalo) was always available, helpful and well informed.
Their tours (altough expensive) were worth every cent. I strongly recommend the day tour on the boat to the base of Angel Falls (starting at the dawn, swam at the base of the waterfall, campfire and barbecued chicken 4 lunch, incredible views of the tepuys plus mild rafting due to the low waters!). The Cessna day tour to Cueva Kavac is fantastic if the weather is good, so the pilot can fly over Angel Falls and through the canyons (adrenaline!).