This 2010/2011 high season has proven to be exceptionally strong for Ambergris Caye, Belize.  While other parts of the country and the Caribbean region are still suffering the after effects of the post-recession recovery, Ambergris Caye has broken pace and accelerated in its tourism growth with record numbers of travelers.  Preliminary figures show the 1st Qtr. of 2011 to be much stronger than anticipated, and Tropic Air reports that they broke all-time passenger count records on Saturday, March 12, 2011.  Every Saturday (the busiest travel day of the week) from February 5, 2011 through the end of March 2011 has broken a passenger record for that corresponding Saturday of the month historically.

The really great news is that not only are tourist number up and the resorts and hotels packed with business, but visitors to Ambergris Caye have naturally fallen in love with the island and its inhabitants and real estate sales have picked up significantly.  With low yields on term deposits, CD's and money market accounts in the US and Canada, more and more investors are turning to Belize real estate for the investment opportunity.

And with the increasing wave of Baby Boomers retiring, more people than ever are securing their piece of property now so that they don't get priced out of the market as the ever-increasing demand will inevitably exceed supply.  We are reviewing the preliminary report from the BTB from the 1st Qtr. and will provide a more in-depth market analysis and summary of 1st Qtr. tourism numbers in the coming weeks.