Placencia used to be a fishing village but now caters to tourists with attractions such as bars and entertainment like kayaking, snorkeling, diving, saltwater fly fishing, whale shark watching during the full moons between April and July of each year as well as numerous restaurants and local art gallery.
Placencia Village, hosts the Placencia Lobster Fest, the Placencia Peninsula Arts Festival, Easter Week (similar to US Florida Spring Break). Nestled behind the peninsula lies the Placencia Lagoon, with manatees, dolphins, rays (the Lagoon is a nursery for some species of rays), mangrove forests, birding by canoe or kayak, fishing (juvenile tarpon, snook, barracuda), wetlands and sea grass beds.
Nearby you can find the Mayan ruins of Nim Li Punit and Lubantuum are in the Toledo District, which is a day trip from the Placencia Peninsula. The Cockscomb Basin Wildlife Sanctuary, which is also a day trip from Placencia.
Also nearby is the Maya Centre Village with 12 self-guided trails, 100,000 acres forest jaguar preserve, and nearly 300 bird species. You can also find the Mayflower Archaeological Reserve and 3 post-classic Maya ruins: Mayflower, T’au Witz and Maintzunun) and waterfalls.