All 3 Uses of

revel
in
One Hundred Years of Solitude

That was how the relationship ofjolly comradeship was born between father and daughter, which freed him for a time from the bitter solitude of his revels and freed her from Fernanda's watchful eye without necessity of provoking the domestic crisis that seemed inevitable by then.†
Chpt 14 *

Those wanderings led him to the prostrate redlight district, where in other times bundles of banknotes had been burned to liven up the revels, and which at that time was a maze of streets more afflicted and miserable than the others, with a few red lights still burning and with deserted dance halls adorned with the remnants of wreaths, where the pale, fat widows of no one, the French great-grandmothers and the Babylonian matriarchs, were still waiting beside their photographs.†
Chpt 19

It had never occurred to him until then to think that literature was the best plaything that had ever been invented to make fun of people, as Ãlvaro demonstrated during one night of revels.†
Chpt 19

Definitions:

(1) (revel)
to take delight in

or:

to party -- especially in a noisy way
(2) (meaning too rare to warrant focus)
meaning too rare to warrant focus:

More rarely today (though common in classic literature), revel can be used as a noun that is a synonym for party -- as when Shakespeare wrote "I delight in masques and revels sometimes."