I could see many more listings being removed and sellers deciding to hold their properties instead of selling for less than they believe they are worth..With tourism regressing to the pre-pandemic levels and a flood of new STR inventory in the market likely purchased at HIGH prices with BIG mortgage payments what happens next? 

Most tourists and expats go to Ambergris Caye when they are in Belize, the mainland is still fairly well under developed, not so on Ambergris Caye.I am investing on Ambergris and may be biased, but there is a reason why I decided to, and if you look into the growth drivers in the Belize tourism industry (20% growth 2009-2012 in all of Belize, 57% growth on the Island of Ambergris Caye) you will see some of the fastest growth rates in the Caribbean.So it all depends upon what your investment philosophy is, I buy for long term cash flow, back end appreciation is a secondary consideration, costs of land are low in Belize (even on Ambergris) relative to the nightly and weekly rental rates that are being attained in the market.During the recession Caribbean tourism dropped 20%, in Belize it dropped 1.8% and although sales volume declined, sales prices maintained.So I believe It is best to speak with people who actually have the data on a market and are also directly investing to get reliable information.If anyone would like me to send them the raw tourism numbers, just e-mail me, I'd be glad to.

But i got 3 transactions last year from floor duty (inbound calls).  

Started doing work for local city government and non-profits tied to Parks and Rec divisions, and then moved into tourism-based short term rental marketing imagery... mainly photos, and I offer both the aerial stuff as well as traditional photography.

However, true vacation rental markets don’t usually have a lot of jobs and industrial growth, they are mostly tourism driven.

Hi Assaf,For MTRs we look for areas where any 3 of the following 6 industries are within 10 minutes of each other: General Hospital System, International Airport, Military Base, Major University (20k+ students), Metropolitan Tourism, Fortune 500 Companies. 

, in my opinion, you could spend your money much better on other software that is just a good (I pay $99 per month) and instead use that cash on INBOUND leads vs OUTBOUND leads.

Look for other vacation rental platforms, local tourism websites, and industry reports to gather additional data points and validate the numbers provided by AirDNA.4.

More dependent on tourism and local/county/state government; and lack of large-scale high-paying jobs.

But then there's the end of inbound communication!