4 luxury real estate predictions for 2019
Belize has become a hot Caribbean destination for U.S.–based travelers. “Belize will continue to grow by overall Caribbean demand and take market shares from other competing Caribbean destinations,” says Robi Das, managing director at Newmark Knight Frank.
And after going years without having any branded hotels, Belize will welcome eight affiliated developments—including a Hilton, a Four Seasons, and two Marriott Internationals—between 2019 and 2021. “The destination is on track to continue attracting renowned brands, investors, and hoteliers without losing its unfuzzy, charming personality,” says Andrew Ashcroft, managing principal and developer of Alaia Belize. Thanks to the influx of branded hotels with on-site residences, buyers are becoming increasingly interested in vacation-home rental programs at places like Itz’ana Belize Resort & Residences.
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