According to Will Mitchell, representative of RE/MAX Island Real Estate on Ambergris Caye, statistical analysis reveals that over 50% of demand for overnight accommodations on the island is unfulfilled due to lack of hotel and rental inventory.

According to local real estate brokerage, RE/MAX Island Real Estate, after 18 months of careful planning and environmental studies, Leonardo's DiCaprio's Blackadore Caye Resort Development has obtained approval from the Belize Department of the Environment to begin construction in 2017.