Caye Chapel Project Zooms From US $200M To US $500M
The planned Four Seasons Resort in Caye Chapel has increased in value from 200 million to 500 million USD following a high-profile investor meeting.
The planned Four Seasons Resort in Caye Chapel has increased in value from 200 million to 500 million USD following a high-profile investor meeting.
The IMF reports that Belize's economy continues to grow, with a projected GDP increase of 4.5 percent in 2023.
Tourism Minister Anthony Mahler reports that January 2024 tourism arrivals have surpassed January 2019 figures, indicating a potential record-breaking year.
San Ignacio and Santa Elena will see the development of a river park and boardwalk to boost tourism and local economic opportunities.
Anthony Mahler emphasizes the importance of peripheral projects like health infrastructure and marketplaces for enhancing Belize's tourism sector.
San Pedro Belize Express launched a new water taxi service connecting San Pedro to Chetumal, aiming to enhance travel options for islanders and visitors.
The government and partners will begin an electrification project in Jalacte and San Vicente villages to provide electricity access.
FECTAB expressed concerns about changes affecting tour guides, but Minister of Tourism Anthony Mahler dismissed their complaints during a press conference.
FECTAB expresses frustration over lack of support for local tour operators amid high tourist season and rising fees at archaeological sites.
The Caribbean Development Bank reports a rebound in tourism but warns of tapering economic growth in the region.
Belize has been removed from the European Union's blacklist after demonstrating compliance in its financial services sector.
Deputy PM Cordel Hyde warns shopkeepers of potential lockdown for price gouging amid rising living costs.
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