Your search results

Belize Hospitality Market Report May 2026 CoStar Dustin Rennie

Posted by Dustin Rennie on May 25, 2026
0 Comments

Belize Hospitality Market Report

Download Full Market Report

 

The CoStar Belize Hospitality Report is a market intelligence and tourism investment report focused on Belize’s hotel, resort, and short-term rental industry. It combines hospitality performance data, tourism trends, and real estate investment analysis to help investors, developers, hotel operators, and real estate professionals understand the Belize tourism market. The report is prepared using CoStar/STR hospitality analytics alongside Belize tourism and real estate market data.

 

What CoStar/STR Is

CoStar Group owns STR, one of the world’s leading hotel data and benchmarking platforms. STR tracks hotel occupancy, ADR (Average Daily Rate), RevPAR (Revenue Per Available Room), supply, demand, and performance metrics across global hospitality markets.

 

Key Findings in Dustin Rennie CoStar Report

  1. Belize has over 347 hospitality properties and approximately 7,500 hotel rooms
  2. The market continues transitioning toward higher-end luxury and boutique resort development
  3. Tourism growth is driving demand for beachfront real estate, Airbnb investments, condo hotels, and mixed-use resort communities
  4. Belize benefits from a “low-density luxury” positioning that appeals to affluent travelers seeking authentic, nature-based experiences

The report is particularly valuable because Belize historically lacked reliable institutional hospitality data. CoStar/STR reporting helps quantify the tourism economy using globally recognized hotel performance metrics.

Licensed CoStar hospitality market analysis and Belize real estate commentary by Dustin Rennie.

 

Belize Report

The Belize report uses this framework to analyze:

  • Hotel occupancy trends
  • Resort performance
  • Airbnb and vacation rental demand
  • Tourism growth
  • Luxury development activity
  • Investment opportunities
  • Regional market comparisons

Tourism is one of Belize’s largest economic sectors and a major driver of GDP and employment. Government and industry organizations continue prioritizing tourism growth and infrastructure expansion.

You can see information from the data report below;

 

Monthly YoY supply changes shown as orange bars with a gray 12-month percent-change line spanning 2021–2025.
Supply Change Belize May 2026

 

Teal bar chart of 12-month occupancy from 2021 to 2025 with a gray year‑over‑year change line.
Occupancy Belize May 2026

 

Blue bars depict 12‑month ADR from 2021–2025, with a grey line showing year‑over‑year percent change (YOY). Left axis: ADR in dollars; right axis: YOY percentage.
ADR Belize May 2026 CoStar

 

Line chart of occupancy (green) and ADR (blue) YoY percent change from 2021–2025, showing ADR peaking in 2021 and both lines narrowing toward 0% by 2023–2024.
Occupancy ADR Change Belize 2026

 

Combined bar and line chart of 12-month RevPAR (purple bars) from 2021 to 2025, with a gray line showing 12-month YoY percent change.
RevPAR Belize May 2026

 

 

Monthly occupancy bar chart comparing 2025 (lighter teal) and 2026 (darker teal) values by month; shows higher occupancy in most months with notable peaks in February–March and November–December for 2026.
Belize Monthly Occupancy May 2026

 

 

Bar chart comparing monthly ADR for 2025 (light blue) and 2026 (dark blue) across Jan–Dec; shows how values differ by month.
Belize Monthly ADR May 2026

 

Monthly bar chart comparing 2025 (lavender) vs 2026 (purple) values; shows payments by month with 2026 higher in several months.
Belize Monthly RevPAR May 2026

 

Chart titled 'OCCUPANCY, ADR & REVPAR' displaying monthly data from Mar 2021 to Mar 2026: a teal line for Occupancy (%), blue bars for ADR (dollars), and purple bars for RevPAR; right axis in dollars and left axis in percent.
Occupancy RevPAR ADR Belize 2026

 

 

Occupancy by hotel class from 2020–2025 with four lines: Luxury & Upper Upscale, Upscale & Upper Midscale, Midscale & Economy, and Belize (color-coded).
Occupancy by Class Belize 2026

 

 

Time-series chart of ADR by class from 2021 to 2025, showing four lines for Belize, Luxury & Upper Upscale, Upscale & Upper Midscale, and Midscale & Economy with ADR rising to about 0 and remaining higher than other classes.
ADR by Class Belize May 2026

 

 

Line chart titled 'REVPAR BY CLASS' showing 2021–2025 RevPAR by class: Luxury & Upper Upscale, Upscale & Upper Midscale, Midscale & Economy, and Belize; luxury peaks around 2023 then declines, other segments show flatter or modest changes.
RevPAR by Class May 2026

 

 

Bar chart titled 'ROOMS DELIVERED' showing yearly rooms delivered from 2021 to 2025, with the 2021 bar highest among years.
Rooms Delivered Belize YoY

 

 

Table titled Deliveries & Under Construction showing yearly counts of buildings and rooms in three categories: Inventory, Deliveries, and Net Deliveries. Includes a YTD row and yearly data for buildings and rooms, plus a % Change column (red values indicate negative changes).
Units Under Construction in Belize 2026

 

 

Dashboard map showing 4 under-construction properties in the Belize region: 379 rooms, 5.0% of inventory, average 95 rooms (Under Construction).
Properties in Development in Belize May 2026

 

Download Full Market Report

 

Belize BLZ-Hospitality-Market-2026 May Dustin Rennie CoStar 2 (2)

 

CoStar Report by Dustin Rennie

The CoStar Belize Hospitality Report is a licensed hospitality market intelligence report produced using CoStar/STR data and Belize tourism real estate analytics. The report provides institutional-grade insights into Belize’s hotel, resort, vacation rental, and tourism investment market, helping investors, developers, hotel operators, and real estate professionals better understand hospitality performance and growth opportunities in Belize.

The report is distributed under a licensed CoStar/STR data agreement and includes analysis of:

  • Hotel occupancy trends
  • Average Daily Rate (ADR)
  • Revenue Per Available Room (RevPAR)
  • Tourism demand
  • Resort development activity
  • Vacation rental performance
  • Luxury hospitality growth
  • Regional investment opportunities

The Belize Hospitality Report highlights Belize’s emergence as a growing luxury and eco-tourism destination, supported by increasing international arrivals, branded resort developments, expanding airlift, and rising real estate investment activity.

 

Why the Report Matters

The report is useful because Belize historically lacked institutional-grade hospitality data. CoStar/STR-style reporting gives:

  • Investors measurable performance metrics
  • Developers feasibility benchmarks
  • Hotel owners competitive intelligence
  • Realtors have stronger tourism-backed investment narratives

It essentially helps quantify Belize’s tourism economy in a format that global hospitality investors understand.

 

 

author avatar
Dustin Rennie Director
Dustin Rennie is one of the Caribbean and Central America’s most recognized real estate professionals. Dustin has established himself as a leading authority on Belize real estate and investment opportunities.

Compare Listings