Belize is about to reap the spoils of a convergence of factors that is benefiting the entire Caribbean and Mexico tourism region.
According to analysts at forwardkeys.com, international arrivals are down by 25% in Q3 of 2021. In Mexico, it is only down by 6%, and in the Caribbean only by 11% compared to the same period in 2019.
In the Caribbean region, Belize – in particular – is showing strong growth. Belize is witnessing double-digit growth at +26% compared to 2019. Several factors explain this interest in Belize.
Belize is benefiting from demand in a post-pandemic world:
- pent-up demand for travel, and
- the demand for open spaces.
With the gradual ease in travel restrictions – especially in the U.S. – Belize is benefitting from pent-up demand, and its ideal location makes travel convenient for many U.S. travelers. Only a 2-hour flight from Miami and a 3-hour flight from Dallas, Belize is an ideal destination for tourists wishing to get away but are leery of long flights in enclosed spaces subject to ongoing mask mandates.
Tourists aren’t flocking to Belize just because of the short flights.
Belize is the perfect antidote for all the craziness surrounding heightened concerns for health and safety in a post-pandemic world.
In a post-pandemic world with social distancing now on everyone’s minds, Belize is an ideal destination for tourists wishing to get out in nature in wide-open spaces while being adequately distanced from other travelers.
Besides its variety of geography and topography and variety of flora and fauna, Belize has much more to offer.
English is the official language of a former British colony, which makes getting around easier. Also, with a cost of living a fraction of that in major U.S. cities, a dollar will stretch further in Belize. With sandy beaches, a rainforest, Mayan ruins, crystal blue waters, diverse cultures, and diverse plants and animals, it’s no wonder Belize routinely lands on top-10 lists of preferred travel destinations.
If you follow the demand for your investment allocations, you’ll want to follow the demand for tourism in Belize.