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Joined: Aug 2009
Posts: 8
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Where would you recomend that we do it? We would also like to open a restaurant along side of it. We're thinking 10 rooms for the hotel and a 40 seat rest/bar Any info would be greatly appreciated

Tks

Jane and John


Joined: Feb 2007
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I would think it would be a smarter path to start by purchasing one that is already for sale. You have the advantage of an established clientèle and brand plus an understanding of the past occupancy records.

Joined: Apr 2005
Posts: 1,436
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Oh my...have you talked to the hotel and bar owners here,,things are not good..with the overbuilding of rooms and more going up..room count has about doubled in the last 2 yrs.tourist count has not,.and most bars are empty,,at this time I would really do some research.....just a handful of places are breaking even right now.


LONELY PLANET SAYS TOURIST LOVE OUR ART. BEST PRICES ON ART.
Joined: Oct 2000
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Most new buisnesses in Belize fail. Many because they ignored The Cardinal Rule of "moving to Belize". That rule is "Live here for at least one year before investing a nickel".

Joined: Feb 2008
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Mind you, a Botique hotel must have the requisite SPA

Joined: Jan 2007
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Twas the best of times, twas the worst of times.....depends on who you are, who you are related to and how good is your crystal ball (how big is your bank account) Read and reread, Don't Stop the Carnival. It ain't easy, but it is memorable. Enjoy.

Joined: Aug 2009
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SPA?

Joined: Aug 2009
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Thats why i'm here to hear the pros and cons

Joined: Aug 2009
Posts: 8
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i know that it is not a good time to start this kind of venture. All tourism world wide is down. But i think as the resession end Belize will become a HOT spot for toursim. It is a majical place

Joined: Apr 2005
Posts: 1,436
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Very true...if you have the financing to get her done and sustain yourself for several years..it is a magical place to be. On the other hand if you have that kind of money perhaps you should sit back and enjoy the place for a year first..seems the longer you are here the more doors open up. From long term rentals to land for sale..


LONELY PLANET SAYS TOURIST LOVE OUR ART. BEST PRICES ON ART.
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