Caye Caulker

As of June 2026, Belize City, San Pedro, Caye Caulker have 1,750 active Airbnb and VRBO listings. This represents a 6% increase from the previous year.

The average Airbnb or VRBO in Belize District generates BZD70K per year. High-performing properties earn BZD179K/year, while low-performing properties earn BZD21K/year. This wide variance suggests that market returns are highly sensitive to property-specific positioning rather than broad market trends, as top-tier earners capture significantly more value than the average.

Airbnb and VRBO can be profitable in Belize District. Average annual revenue is BZD70K with 30% occupancy. High-performing properties earn up to BZD179K/year. The disparity between average and high-end revenue indicates that while baseline profitability exists, significant upside remains for operators who can outperform the current 30% occupancy ceiling.

The average occupancy rate for Airbnbs and VRBOs in Belize District is 30%. This occupancy level, combined with an average nightly rate of BZD581, results in a RevPAR (revenue per available room) of BZD147 per day.

4+ bedroom properties demonstrate the strongest performance in Belize District, with annual revenue of BZD186K. These properties balance operating costs and rental demand most effectively in the Belize District market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Belize District area. Belize City: Lenient. Hotel and Tourism Act requires tourism board registration for STRs, business license needed. Minimal enforcement, many operate informally without permits. San Pedro: Lenient. Business license and tourism registration technically required. Light enforcement despite high STR volume, most operate without full compliance. Caye Caulker: Lenient. Same registration requirements as San Pedro but even less enforcement. Small island with informal tourism economy, hosts commonly operate without permits. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Belize District Airbnb and VRBO market is currently showing balanced conditions. Supply has grown 6% year-over-year, while RevPAR has decreased 8%. This indicates balanced supply-demand dynamics. The contraction in revenue amidst rising supply points to a maturing landscape where increased inventory is beginning to outpace existing traveler demand.

Launch around December, 2-3 months before peak winter season (March peaks). This pre-peak timing lets you build reviews when competition is 48% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (August-September) when gaining traction is harder.

The most common amenities in Belize District listings include: Air Conditioning (98%), Kitchen (92%), Balcony (72%), Tv (69%), Pool (65%). Amenities that boost revenue the most include Pool, Washing Machine, Air Conditioning, with Pool properties earning approximately 90% more (BZD145K/year vs BZD76K/year).

Monthly estimated revenue per listing in Belize District over the last 12 months: May: BZD3K, June: BZD3K, July: BZD4K, August: BZD3K, September: BZD2K, October: BZD2K, November: BZD4K, December: BZD6K, January: BZD6K, February: BZD6K, March: BZD8K, April: BZD7K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Belize District is BZD581, up 12% year-over-year. By property size: 1-bedroom properties average BZD324/night, 2-bedroom properties average BZD541/night, 3-bedroom properties average BZD844/night, 4+ bedroom properties average BZD1K/night. Rates peak in March and are lowest in September.

Guests in Belize District book an average of 43 days in advance, down 21% from last year. By property size: 1-bedroom: 36 days, 2-bedroom: 44 days, 3-bedroom: 52 days, 4+ bedroom: 59 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Belize District Airbnb and VRBO market has seen the following changes: supply grew 6%, revenue per listing decreased 8%, occupancy fell 13%, average nightly rates increased 12%, and lead time decreased 21%. These metrics suggest a shift toward shorter booking cycles and higher price friction as supply growth outstrips current utilization rates.

In Belize District, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Saturday and are lowest on Tuesday. Weekends show 10% higher occupancy than weekdays.