Deep Sleep: The World’s Most Incredible Underwater Hotel Rooms Most of the Caribbean has started to put the devastating 2017 hurricane season in its rear-view mirror. Still, many travelers are worried it might be too soon to head to the tropics for vacation. However, a good many islands are recovering faster than even they expected. Plus, the best way to help recovery efforts is to visit, spend money, and jump-start the economies again. With that in mind, here are five of the best Caribbean islands to visit in 2018.The British Virgin IslandsThe British Virgin Islands were hit hard during the 2017 hurricane season — in particular, Hurricanes Maria and Irma. ahowever, thanks to a considerable recovery effort from the island’s citizens and government, the BVI has made a remarkable recovery. Last month, the island even launched the dedicated Seeds of Love campaign to replant thousands of damaged and destroyed indigenous trees. As of this writing, many of its beaches, hotels, bars, and restaurants have fully reopened. Many popular annual events are also scheduled to return for May — including the BVI Dinghy Championships (5/19-5/21) and the Leverick Bay Poker Run (5/27) — and beyond.Puerto RicoFor Statesiders, Puerto Rico was in the news more than any other Caribbean destination. It’s not surprising, considering the island was hit extremely hard during last year’s hurricane season. However, tourism has bounced back remarkably well. San Juan was receiving leisure travelers as early as November of last year. The vast majority of hotels, beaches, and restaurants across the island — in popular tourist areas like Rincon, Mayaguez, Vieques, and Cabo Rojo — are open.JamaicaThe Caribbean’s darling, Jamaica, was barely affected by last year’s hurricanes. Its many boutique hotels, beachfront restaurants, and most popular attractions remain open. Even the annual Reggae Marathon, which ends on the sands of the beautiful seven-mile beach in Negril, went off as planned in December of last year just after the worst of the storms passed.U.S. Virgin IslandsAmong the U.S. Virgin Islands, St. Croix weathered the barrage of 2017 storms quite well. The majority of the island’s infrastructure has returned to normal, and tourists should feel confident to make a visit. Its sister islands — St. Thomas and St. John — didn’t fare so well, however. St. John alone lost more than 70 percent of its hotel rooms in a matter of weeks. The U.S. Department of Tourism maintains an updated list of the recovery status of hotels and resorts across all three islands. While the recovery efforts are slow-going, there’s more than enough to see and do for tourists visiting in 2018.Grand CaymanThe Cayman Islands, including Grand Cayman, escaped last year’s storm season relatively unscathed. This year is as good a time as any to see its most popular attractions including Stingray City, Starfish Point, and world-famous Seven Mile Beach. The deep-sea fishing expeditions and wildlife-spotting on Cayman Brac and Little Cayman respectively are as amazing as ever. 11 Best Gins for a Refreshing Gin and Tonic Getting to Know Rhum Agricole, Rum’s Grassy Sibling Editors’ Recommendations 11 Under-the-Radar Cities in Canada Worth Exploring All 21 Six Flags Parks in the U.S., Ranked
HEALTH–Minister Tours Brachytherapy Suite at Nova ScotiaCancer Centre Women are getting more comfortable and more efficient treatment for gynecological cancer in a new brachytherapy suite at Nova Scotia Cancer Centre in Halifax. The suite was made possible through a private donation and a partnership between the Department of Health, QEII Foundation and Capital Health. “This suite helps us provide better health care for Nova Scotian families while also living within our means,” said Health Minister Maureen MacDonald, who toured the facility today, July 22. “This will free up operating room time and reduce the number of patients that need to be admitted to hospital so it will indirectly reduce the wait times of other patients.” Dean and Evelyn Salsman donated $1 million to the QEII Foundation to establish the brachytherapy suite and the Department of Health provided just under $1 million. Brachytherapy is a specialized form of radiation therapy to treat cancer. Sherry Porter, chair of the QEII Foundation Board of Trustees, called the brachytherapy project a win-win situation. “When partnerships and the vision of donors like Dean and Evelyn Salsman come together like they have for brachytherapy here at the QEII, everyone wins, especially cancer patients,” said Ms. Porter. It is the first dedicated brachytherapy suite in Canada that combines the services and equipment necessary for a patient to be treated in one room. Before, a patient would need to go through three areas, including the operating room for general anesthetic, to receive treatment. “This makes for a much more efficient procedure for the staff and the patient,” said Dr. Paul Joseph, radiation oncologist for Capital Health. “Seeing patients going home after the procedure is exciting. Patients have complained for years about being confined to their beds for 5 days while undergoing brachytherapy treatments.” The suite opened in March and is set up to treat gynecological cancers, but can also treat prostate, breast and lung cancer. When not being used for brachytherapy, the equipment can be used for other radiation therapy activities. It also allows for outpatient treatment, freeing up more beds in the hospital.
Mitel does have a track record of successful acquisitions, but this one feels different to me. First, Avaya is significantly larger than Mitel, but more importantly the portfolios just don’t align as nicely as Mitel’s previous acquisitions. While Mitel does have a reasonable UCaaS offer thanks to its 2017 acquisition of ShoreTel, it’s not a strong fit for Avaya’s customer base. Mitel Connect UCaaS was recently ranked as a Challenger in the 2019 Magic Quadrant by Gartner. Other portfolio discrepancies include global reach, large enterprise capabilities, and professional services. See All in Analyst Insight » No More UC MQ Dave Michels January 28, 2019 Market research firm Gartner changes up its reporting strategy for a maturing UC market. Most of Mitel’s prior acquisitions had a much stronger fit. The major exceptions were Mavenir, which it subsequently spun out, and Polycom, which was never completed. There’s a lot to like about Avaya. The company has a portfolio that spans UC, contact center, conferencing, and messaging. It has a huge, global installed base, strong professional and managed services, and excellent hardware. As a result, new rumors are surfacing daily about who might acquire Avaya in whole or in part. There’s no way to tell any deal is leading or even viable. Although I don’t think rumors of splitting Avaya into multiple companies makes a lot of sense.Tags:News & ViewsMerger & acquisitionAvayaMitelAnalyst InsightIndustry NewsVendor News Articles You Might Like The outcome isn’t predictable, though Avaya has indicated the end is near. Avaya tells us we’ll know the outcome of its strategic options review within three weeks. I believe several options are under consideration and I wouldn’t eliminate the possibility of no deal, should the board conclude its best path is continuing as a public company rather than accept any other potential option. Making Sense of IT Market Moves Tom Nolle November 28, 2018 Cloud, data center, SD-WAN – watch these spaces. The key aspect that I hadn’t fully appreciated is Avaya’s status as a public company. In my opinion, being public has been a liability for Avaya as it complicates business transformation — in this case, the transition from a premises-oriented company to a cloud company. The transformation requires decisions that are generally in conflict with short-term financial goals of public shareholders. This is actually one of the reasons why Mitel itself went private, acquired by Searchlight Capital in April 2018. Being private, with different owners, makes Mitel a very different company than it was. However, our industry hasn’t been kind to private equity investors. Siris exited its investment in Polycom last year for about the same price as it paid for it. The recent leadership change at Genesys suggests that the company’s private equity investors may be unsatisfied. The prem-to-cloud transition is hard, and failures far outnumber successes — especially in enterprise communications. A reverse merger in this case can benefit the shareholders of both companies. It could give them increased access to liquidity due to share buybacks and increased access to capital markets. It gives both sides increased options to exit their investments, and gives the combined company more flexibility. A reverse merger is essentially a way to go public without all the effort and scrutiny of an IPO. Late last year, for the second time, Dell became a public company when it completed a reverse merger with VMware. Reverse mergers have lower risks than IPOs because they’re planned and negotiated rather than subject to the moods and swings of the market. The keyword here is merger, the rumored deal is not Mitel acquiring Avaya. We cannot assume which management team (if either) survives. I still think this deal is a longshot, and evidently, I’m not alone. The Mitel-Avaya merger has a rumored valuation of $20 per share, and the stock is trading below $13 as of Tuesday afternoon — though the fact that Searchlight is apparently exploring exit options raises some questions. The Mitel possibility isn’t the only option on the table. The Financial Post reported that RingCentral with private equity is also exploring options. This one has stronger portfolio synergies, but is also fairly complex. I discussed Ringcentral in a panel yesterday with colleagues discussing Avaya’s options (and in my May No Jitter post of fantasy acquisition scenarios). shaking-hands-2499612_1920.jpg However, the speculation of a Mitel-Avaya combination persists, so I’ve been pondering what I missed. My revised conclusion is that it’s possible and maybe even logical, but it’s inaccurate to frame this potential deal as Mitel acquiring Avaya. Actually, the opposite would be the practical result. If this deal happens, it won’t be like any of the previous acquisitions Mitel has completed. However, one name continues to come up: Mitel. The Wall Street Journal reported that Mitel made an offer back in April, and various Mi-Avaya headlines continue to dominate acquisition discussions. Log in or register to post comments June Redux – Perspectives From 4 Events Jon Arnold July 09, 2019 Lasting impressions on cybersecurity, telephony, smart cities, mobile UCaaS, 5G, and more following a month of travel This reverse merger is as complicated as it is clever. Bloomberg reports that Searchlight (not Mitel) would own about a third of the combined business. Mitel would contribute $150 million which along with Avaya’s cash would fund buybacks to existing shareholders. Cost cutting synergies are projected to free-up $250 million a year. Who ends up owning the other two-thirds, who runs the combined company, and how the combined company funds their ongoing transformation is not clear. So, it’s quite possible that while Avaya has been seeking a way to go private, the folks at Searchlight have been seeking a way to exit their investment in Mitel. In other words, Avaya being public suddenly becomes an asset asit creates the opportunity for a reverse merger.