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
Belize has over 347 hospitality properties and approximately 7,500 hotel rooms
The market continues transitioning toward higher-end luxury and boutique resort development
Tourism growth is driving demand for beachfront real estate, Airbnb investments, condo hotels, and mixed-use resort communities
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.
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;
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.
Dustin Rennie
Licensed CoStar hospitality market analysis and Belize real estate commentary by Dustin Rennie,
Dustin Rennie is a real estate entrepreneur, investor, and media creator specializing in Belize real estate, tourism, and investment markets. Dustin has become one of the leading voices on Belize property investment, hospitality development, and Caribbean lifestyle markets.
He produces market analysis, investment reports, and educational content viewed by millions of investors, expats, and travelers worldwide. Dustin regularly covers topics including real estate, tourism growth, hospitality trends, relocation, and emerging investment opportunities throughout Belize.
Through licensed CoStar hospitality data, on-the-ground market research, and years of experience in the Belize property sector, Dustin Rennie provides institutional-style insights into one of the Caribbean and Central America’s fastest-growing tourism and real estate markets.
Dustin Rennie and Luigi Wewege Represent Belize at the CAF Economic Forum
Dustin Rennie and Luigi Wewege Represent Belize at the International Economic Forum Latin America and Caribbean 2026, organized by CAF (Development Bank of Latin America and the Caribbean) in Panama.
The International Economic Forum Latin America and Caribbean 2026, organized by CAF—Development Bank of Latin America and the Caribbean, is a high-level event that brings together business leaders, influential figures, and decision-makers to reflect on the region’s most pressing challenges and, through dialogue, develop solutions that promote growth, inclusion, and competitiveness.
The forum focused on solutions to pressing regional issues, including economic growth, inclusion, competitiveness, innovation, energy transition, digital transformation, and geopolitics.
Attendees include heads of state, government authorities, business leaders, investors, multilateral organizations, and experts. Positioning Latin America and the Caribbean as a dynamic, innovative region capable of offering solutions to global challenges.
The forum functions much like a “Davos for Latin America and the Caribbean”, providing a global stage for the region to chart its economic and development path. By facilitating dialogue across governments, the private sector, and civil society, the forum helps align strategies for inclusive and sustainable development.
This event provided an invaluable opportunity for Belize to engage with other nations in Latin America and the Caribbean. Focusing on regional cooperation in addressing global challenges.
Dustin Rennie and Luigi Wewege’s participation at the International Economic Forum Latin America and Caribbean 2026 represents a milestone in Belize’s journey toward economic growth and global recognition.
Belize at the International Economic Forum
Belize continues to strengthen its presence on the global stage. Dustin Rennie and Luigi Wewege recently attended the highly anticipated International Economic Forum Latin America and Caribbean 2026. Organized by CAF – Development Bank of Latin America, this forum brought together influential leaders, policymakers, economists, and business professionals to discuss the future of the region’s economic growth and development.
Belize continues to strengthen its voice in regional and global economic conversations, and this momentum was on full display at the International Economic Forum Latin America and the Caribbean.
Among the attendees were Dustin Rennie and Luigi Wewege, both representing Belize at one of the region’s most influential economic gatherings.
The International Economic Forum Latin America and Caribbean, organized by CAF – Development Bank of Latin America and the Caribbean, is a high-level annual forum designed to bring together leaders, policymakers, business executives, investors, and experts to discuss economic, social, and geopolitical challenges and opportunities facing Latin America and the Caribbean.
Beyond the formal agenda, the forum provided valuable opportunities for bilateral engagement and relationship-building among policymakers, financial institutions, and private-sector leaders.
Belize on the Global Stage
Informal discussions explored how smaller economies and international financial centers can better integrate into regional value chains, attract diversified investment, and leverage technology to overcome structural constraints.
For Belize, the forum underscored the growing relevance of sound financial governance, sustainable tourism investment, and digital financial services in supporting long-term economic stability. As regional capitals increasingly seek jurisdictions that offer transparency, resilience, and innovation, Belize’s role as a well-regulated international banking and investment hub continues to gain attention.
As a bridge between Central America (SICA) and the Caribbean (CARICOM), Belize occupies a unique strategic position. Dustin Rennie and Luigi Wewege were invited by CAF to attend the forum, representing the private sector in Belize. Rennie’s focus in Panama was on how large-scale infrastructure funding from CAF can elevate the Belizean infrastructure development.
“The capital moving through CAF is looking for ‘Impact,'” Rennie explained. “Belize is the proof of concept the region needs. For connectivity, sustainability, and investment potential.”
The participation of Belize-based institutions at this landmark forum reflects a broader commitment to proactive regional engagement and thought leadership, ensuring that Belize remains aligned with evolving global standards, investor expectations, and development priorities across Latin America and the Caribbean.
Why the CAF Forum Matters
CAF plays a central role in financing infrastructure, promoting private sector development, and advancing sustainable growth across Latin America and the Caribbean. The event and CAF participation are designed to bring practical collaboration, aligning governments and the private sector around shared regional priorities such as:
Sustainable development and climate resilience
Foreign direct investment and trade integration
Financial inclusion and capital mobility
Infrastructure, logistics, and digital transformation
In terms of regional growth, Belize is a small but dynamic economy. The International Economic Forum offers access to conversations—and decision-makers—that shape the region’s economic future.
Dustin Rennie and Luigi Wewege Attend the CAF International Economic Forum
Belize was represented at the forum by Dustin Bayne Rennie and Luigi Wewege. Their participation highlighted the growing engagement in regional economic dialogue and Belize’s increasing visibility within international financial and investment circles.
Often described as a “Davos for Latin America and the Caribbean,” the CAF forum brings together heads of state, policymakers, business leaders, investors, and development institutions to discuss the future of economic growth, investment, sustainability, and regional integration. For Belize, participation in this forum is not just symbolic—it is strategic.
Dustin Rennie and Luigi Wewege at CAF Forum
Dustin Rennie brought his extensive expertise in real estate development and investment. He emphasized the importance of sustainable practices in tourism and real estate. Rennie shared insights into how Belize is balancing economic growth with sustainable development.
“Being in the room with global decision-makers, influential leaders, and visionary business minds was both humbling and energizing,” said Rennie. “The insights shared by innovators from across the world reinforced my optimism for the continued growth and integration of the Caribbean and Latin America”.
Dustin Rennie also highlighted the region’s optimism, noting that Belize is “moving forward with a renewed focus on facilitating solutions, leveraging broader resources, and adopting a more selfless, creative, and proactive approach to shaping what comes next”.
Luigi Wewege contributed his knowledge of banking innovation and fintech solutions. As a leader in the financial services industry, he addressed how emerging technologies can drive financial inclusion and empower underserved communities. Wewege highlighted how Belize is embracing digital transformation to enhance its financial infrastructure and attract foreign investment. (source)
Belize’s Role within CAF
Belize occupies a unique position within Latin America and the Caribbean. As an English-speaking country with deep ties to CARICOM, Central America, and international financial markets, Belize serves as a bridge economy, connecting regions, cultures, and investment flows.
Belize’s strengths align closely with CAF’s priorities:
Sustainable development leadership, particularly in marine conservation, eco-tourism, and climate finance.
Stable financial and legal frameworks are attractive to international investors.
Strategic geography linking North America, Central America, and the Caribbean.
Emerging real estate and infrastructure opportunities, especially in tourism, logistics, and residential development.
With the right partnerships, Belize has the potential to leverage CAF not only as a sustainable development financier but as a long-term partner in investment promotion and private-sector expansion.
Belize has long been recognized for its strategic location, rich cultural heritage, and emerging economic development. In recent years, the country has made significant strides in tourism, sustainable development, and financial services. Rennie and Wewege’s attendance at the forum highlighted Belize’s growing influence as a key player in shaping the regional economic landscape.
Belize Private Sector: Dustin Rennie & Luigi Wewege
The presence of Dustin Rennie and Luigi Wewege at the CAF forum underscores the importance of private-sector leadership in shaping Belize’s economic trajectory.
By engaging directly with CAF leadership, investors, and policymakers, Belizean business leaders help ensure that the country is not merely a recipient of regional policy—but an active contributor to it.
Belize’s participation in forums like CAF signals a broader shift: the country is increasingly positioning itself as a serious, forward-thinking partner in regional development.
As CAF continues to expand its footprint in the Caribbean, Belize has an opportunity to:
Attract infrastructure and development financing.
Increase visibility among institutional investors.
Strengthen public-private partnerships.
Align national growth strategies with regional initiatives.
Dustin Rennie added, “Belize is using sustainable tourism as a climate adaptation, blue economy, and inclusive growth strategy — and CAF is the natural partner to scale it regionally.”
The forum provided an invaluable opportunity for Belize to engage with other nations in Latin America and the Caribbean. One key takeaway was the importance of regional cooperation in addressing global challenges.
Dustin Rennie and Luigi Wewege’s participation at the International Economic Forum Latin America and Caribbean 2026 marks another milestone in Belize’s journey toward economic growth and global recognition.
Belize Involvement in the Region
The Development Bank of Latin America and the Caribbean (CAF) continues to position its International Economic Forum in Panama as the emerging “Davos of Latin America,” establishing a high-level platform for regional and global leaders to engage on economic integration, sustainability, competitiveness, and long-term development strategy.
Belize serves as a “bridge” between the English-speaking Caribbean and the Spanish-speaking Central American mainland.
Belize can play a key role in Regional Integration. Member countries and CAF value Belize’s dual membership in both CARICOM and SICA.
As Belize continues to grow, it is clear that the country is poised for a bright future. By engaging in meaningful dialogue with regional partners and leveraging opportunities for collaboration, Belize can play a pivotal role as a bridge between Latin America, Central America (SICA), and the Caribbean (CARICOM).
Dustin Rennie and Luigi Wewege’s attendance at this prestigious forum is a testament to their dedication to advancing the nation’s interests on an international platform. Their efforts serve as an inspiration to continue striving for innovation and growth in Belize.
The conversations at the CAF Forum in Panama are only the beginning—but they reinforce an important message: “Belize belongs at the table, and its private sector is ready to lead”.
