It’s that time of year when millions of Britons are dreaming of their summer holidays. But the cost of flying overseas for a hard-earned break is much higher for Brits than for their European neighbors as a result of higher air taxes.

There’s a new Caribbean airline in development. It’s called BlueSky Airlines, and it’s based in the Cayman Islands. The plan is to fly to destinations across the Caribbean Basin, from Nassau to Cartagena, Colombia.

More than double the number of travelers arrived in the U.S. Virgin Islands by cruise (1.9 million) than by air (800,000), according to statistics shared by Visit U.S. Virgin Islands. However, even with lodging taken out of the equation, travelers in the U.S.

On a recent CODEPINK trip to Cuba with a 150-person delegation, we found the island crawling with Americans taking advantage of the relaxation of US travel restrictions and the historic thawing of US-Cuban relations. Conan O’Brien was taping his comedy show at a Cuban cigar factory. Senators from Minnesota, Missouri and Virginia were dining at the National Hotel.

Cuba was, for many years, the jewel of the Caribbean, the destination of choice for the well-heeled and privileged. Then, the U.S. levied sanctions on the Caribbean's largest island. As the draconian laws are finally lifted, what will a suddenly visible and viable Cuba mean to other tropical destinations?

This year’s Alternative Investment Summit takes place on Feb. 12 and 13 at The Ritz-Carlton, Grand Cayan under the topic “A New Vision for a New Age” and will be attracting some of the biggest names in the hedge fund industry to come and talk on the issue of alternative investment, a financial service for which Cayman has carved a particularly successful niche for itself within the global economy.