You Better Belize It !!! (Part 4)
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.....this is our friend Linda Penland, who with her husband Herm, built Coral Bay, then Belizean Shores (and now several other resorts). They live at Coral Bay in a "double" suite of their own design and they live right next door to us. She and Wendy are behind their beautiful mahogany bar. She manages Coral Bay and we get a check from her each April, just in time to pay our taxes. Business has been good, occupancy is 65%. She could charge more for the condos, it costs about $140 per night in high season, but feels that offering a quality product for a reasonable price will bring repeat business. It is their "Iowa" background philosophy and it works.......
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.....this is Herm Penland. He grew up in Des Moines area. He is a school teacher. He and Linda have traveled the world, teaching in Bolivia and Pakistan. They came here about 20 years ago to "retire" They now own the most successful and reputable realty, Southwind properties, on the island. Then they started to dabble in condos. We fell into great luck when we met them.........
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