I don't know if it will be a Four Seasons, but I'm optimistic that some company will do an upscale resort on Caye Chapel. It's a beautiful island, easily accessible by boat or air from Belize City or San Pedro, with a nice seaside golf course, and the property is big enough to develop a sizeable resort.
The Qatar Foundation purchased the island. http://www.qf.org.qa/ The rumour is that they'll open a Four Seasons which doesn't fit the typical parameters for the resort brand. It's more of a city or established destination brand imho, but when you have endless funding impossible is nothing.
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