Anyone know about this article in the Guardian?

Multi-million dollar resort pulls out of Belize

Avalon Resorts Limited, the largest hotel development ever in San Pedro, is packing up and leaving Belize. Reports reaching the Guardian indicate that the company has already bought two parcels of land in Cancun, and General Manager Steve Perry and Project Manager Dave Fisher have been dispatched to Cancun to get that project off the ground. A temporary manager will be brought in to manage the few cabanas already completed in San Pedro but not another penny will be spent in Belize.