25/02/2024

Tag: cumulative

Hotels

Cumulative Growth $10,000 Invested

Travel & leisure industry

Caribbean Lifestyle Belize is a multi-platform resource that inspires travelers to choose Belize and connects visitors on a journey where adventures are endless. Characterized by its warm and friendly hospitality, Portofino is the epitome of barefoot luxury and relaxation. The beach resort is just six miles north of the charming town of San Pedro. With only 17 rooms, it’s the ideal intimate island escape on Ambergris Caye.

Recent years have witnessed a paradigm shift toward experience rather than goods. Spending on consumer durables, apparels have faltered while, experiential spending on recreation, travel, and eating have seen rapid growth. The trend is in sync with growing number of global outbound tourists in the last few years. The robust growth is expected to continue in the estimated future, driven primarily by the expansion of low cost airlines, government initiatives, and technological advancements. For some airlines, the rise of …

Read More