
Meliá Hotels CEO Eyes Growth in Emerging Destinations as U.S. Travelers Boost European Resorts
Meliá's ability to stay profitable while expanding is notable. CEO Gabriel Escarrer tells Skift he's turning the group into a global resort operator, not just a Mediterranean one.
Leaders of Travel: Skift C-Suite Series What are the top trends impacting hotels, airlines, and online bookings? We speak to the executives shaping the future of travel.
What are the top trends impacting hotels, airlines, and online bookings? We speak to the executives shaping the future of travel.
Learn More
Meliá Hotels is seeing continued strength in travel demand across its portfolio, led by solid leisure and urban bookings in Spain and Latin America, even as economic uncertainty lingers.
CEO Gabriel Escarrer told Skift the company is experiencing what he calls a 'healthy normalization' of rates and occupancy. 'We haven't seen any slowdown in demand so far,' Escarrer said.
Escarrer highlighted Madrid as one of the company's strongest markets, with the Spanish capital not only recovering but surpassing pre-pandemic visitor numbers. Meliá operates two dozen properties in Madrid.
Meliá's Spanish resort properties, particularly in the Canary Islands and Mediterranean coast, continue to see strong occupancy rates driven by international visitors from the U.S., Britain, and France.
"The number of U.S. customers going to our resorts in the Mediterranean, to Spain, to Italy, to Greece, to Portugal, is even

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
36 minutes ago
- Yahoo
UK agrees to check-free land border for Gibraltar but EU controls for flights
The UK has reached a deal with the EU over Gibraltar's border with Spain that will allow travellers to cross by land without checks. The agreement on a 'fluid border' clears the way to finalise a post-Brexit deal on the territory with the EU. But those flying into Gibraltar from the UK will face one check from Gibraltarian officials and another by the Spanish on behalf of the EU. An agreement for the future relationship between the EU and the UK in relation to Gibraltar is now a reality. It is a historic agreement. — Fabian Picardo (@FabianPicardo) June 11, 2025 This is because the land border will allow those arriving by air access to the European Schengen free travel area unchecked once they are in Gibraltar. The UK and Gibraltar insisted the changes would not affect the British overseas territory's sovereignty. The airport will operate under a model similar to London's St Pancras station, where passengers pass through both UK and French passport checks to board international trains. Goods and customs checks will also eventually be removed in both directions under the agreement. The move could also see airlines start to add flights to Gibraltar from countries other than the UK in a boost to tourism. Officials say a hard border would have been introduced under the EU's incoming exit and entry control system if no deal was reached, causing delays for some 15,000 people who cross the border every day as every individual passport was checked. Talks on rules governing the border have been ongoing since Britain left the European Union in 2020. Foreign Secretary David Lammy said the previous Tory government left behind a situation that 'put Gibraltar's economy and way of life under threat'. He said the agreement was a 'breakthrough' after years of uncertainty. He said: 'Alongside the government of Gibraltar, we have reached an agreement which protects British sovereignty, supports Gibraltar's economy and allows businesses to plan for the long-term once again. 'I thank the chief minister and his government for their tireless dedication throughout the negotiations. The UK's commitment to Gibraltar remains as solid as The Rock itself.' Spanish foreign minister Jose Albares said the deal marked 'a new beginning' in the relationship between the UK and Spain. He said that Spain 'will guarantee free movement of people and goods', adding that Gibraltar would now be linked to the Schengen Area with Spanish authorities controlling entry and exit. I have always said nothing about Gibraltar, without Gibraltar. — David Lammy (@DavidLammy) June 11, 2025 President of the EU Commission Ursula von der Leyen welcomed the deal. In a post on X, she said: 'It safeguards the integrity of Schengen and the single market, while ensuring stability, legal certainty and prosperity for the region.' Gibraltar's chief minister Fabian Picardo said the deal would 'protect future generations of British Gibraltarians and does not in any way affect our British sovereignty'. 'Now is the time to look beyond the arguments of the past and towards a time of renewed co-operation and understanding. Now the deal is done, it's time to finalise the treaty,' he said. On Wednesday evening, Sir Keir Starmer spoke with Mr Picardo and thanked him for 'his years of hard work, commitment, and leadership to reach an agreement'. Spanish Prime Minister Pedro Sanchez also had a phone call with Sir Keir, and congratulated the British PM because 'his Government had succeeded where others had failed'. The Conservatives have said they will carefully review the UK's agreement with the EU on Gibraltar's border to see if it crosses any 'red lines' the party set out during its own negotiations when in government. Shadow foreign secretary Priti Patel said: 'Gibraltar is British, and given Labour's record of surrendering our territory and paying for the privilege, we will be reviewing carefully all the details of any agreement that is reached.' Mr Lammy held talks with Gibraltar's leaders, members of the opposition and the business community before leaving the British overseas territory to head to Brussels on Wednesday morning. Gibraltar was ceded to the UK by Spain in 1713 and the population is heavily in favour of remaining a British overseas territory. The last time it voted on a proposal to share sovereignty with Spain, in 2002, almost 99% of Gibraltarians rejected the move. Gibraltar also hosts an RAF base at its airport and an important naval facility.

Yahoo
an hour ago
- Yahoo
Centurion One Capital Hosts Most Exclusive LA Summit to Date at Iconic Beverly Hills Hotel
Los Angeles, California--(Newsfile Corp. - June 11, 2025) - Centurion One Capital is proud to announce the successful conclusion of its 6th Annual LA Summit, held from June 2nd to June 5th at the legendary Beverly Hills Hotel. This year's summit marked the firm's most dynamic gathering to date, uniting a group of influential CEOs, visionary founders, global investors, and strategic partners for four days of purposeful engagement, powerful conversations, and premier hospitality. Set against the backdrop of the famed "Pink Palace," the summit featured an elevated program of high-impact networking, thought leadership, and immersive experiences designed to foster lasting relationships and spark long-term value creation. From the moment guests arrived on the red carpet to the final toast, every detail was crafted to deliver substance with style. "Each year, our goal is to raise the bar," said Kia Besharat, Executive Chairman of Centurion One Capital. "This year's guest list was our most high caliber yet, and the outcomes speak for themselves - partnerships were struck, powerful conversations took shape, and strong momentum was built in more ways than one." Event highlights included: Welcome reception on the rooftop of the Waldorf Astoria, where guests gathered for cocktails, culinary bites, and sweeping views of the city skyline. The atmosphere was refined, the service impeccable, a perfect prelude to an extraordinary week. VIP lunch at Avra Beverly Hills sponsored by ARES Capital Markets Group, where guests enjoyed Mediterranean cuisine and networking in a relaxed setting. A high-adrenaline private shooting session at The Range LA sponsored by Card One International, curated for an elite subset of participants in a high-performance, tactical setting. A private luxury suite experience at Dodger Stadium hosted by Lucosky Brookman, bringing together guests for an exciting night of networking culminating in a Dodgers win against the Mets. CEO / Founder dinner at Hotel Bel-Air hosted by Lucosky Brookman. Set in a sophisticated and serene environment, this intimate gathering brought together influential leaders for insightful dialogue, strategic connections, and a memorable dining experience in one of Los Angeles' most distinguished settings. Grand Havana Room hosted by Specialty Car Collection where guests enjoyed premium cigars and engaged in conversations over hand-crafted cocktails. Guests were also delighted by the VIP transportation that was arranged, which included a fleet of vehicles that included the iconic Ferrari F40, Lamborghini Urus, and more. A VIP finale dinner with a full buyout of The Penthouse at Mastro's Steakhouse Beverly Hills, closing the summit on a high note with an evening of live entertainment, fine dining, celebration and connection. Centurion One Capital would like to extend its sincere thanks to all guests, panelists, and sponsors who made the summit an outstanding success. Looking Ahead:Following the success of this year's event, Centurion One Capital is pleased to announce the return of its 3rd Annual Bahamas Summit, taking place at the Rosewood Baha Mar Hotel on Tuesday, October 28th and Wednesday, October 29th, 2025. More details to be announced in the coming weeks. For companies interested in presenting or for more information, please contact Shamira Kavanagh, Vice President, Operations and Events at events@ For more information about Centurion One Capital, please visit About Centurion One CapitalCenturion One Capital ("Centurion One") is the premier independent Investment Banking firm dedicated to fueling the growth and success of growth companies in North America. With an unwavering commitment to delivering comprehensive financial solutions and strategic guidance, Centurion One is a trusted strategic partner and catalyst to propel issuers to unlock their full potential. Our team comprises seasoned professionals who combine extensive financial expertise with deep knowledge of various sectors. We take a proactive and results-driven approach, working closely with our clients to develop tailored strategies and execute transactions that maximize value and drive long-term success. Centurion One - Empowering Growth. Driving Innovation. Partnering for Success. To view the source version of this press release, please visit Sign in to access your portfolio


Eater
an hour ago
- Eater
The Inside Scoop on Yala: A Greek Ice Cream Shop Is Coming to Georgetown
Artisanal ice cream is not new to D.C., but Chrys Kefalas is confident his new shop, Yala Greek Ice Cream, will serve ice cream the city has never tasted before. (3143 N Street NW) 'There's something unique about ice cream from Rhodes,' Kefalas shared about the style of ice cream he plans on churning from the Greek island his family is from. 'It is the best, and I am willing to put it up against any other ice cream anywhere.' What gives this ice cream the edge over competitors? Kefalas credits both the creamy yet light texture and flavor, which comes down to technique and ingredient sourcing. The focus is not in the mixings in the ice cream, he says, but rather the base made with farm-fresh cream and 'premium ingredients' sourced from the Mediterranean and select producers around the world. A 'carefully balanced milk and cream-to-sugar ratio' is meant to keep the frozen dessert light and not overly sweet, according to Kefalas. Yala in Greek loosely translates to milk (pronounced more like gála) but also honors the term 'let's go' in Arabic, as a nod to the inherent influence of ingredients that the Middle East shares with Greece, like pistachios, mint, and phyllo. As for the ice cream flavors, they range from Greek classics like baklava and cherry studded with chocolate chunks to familiar American favorites like rocky road and cookies and cream. A strawberry vegan sorbet and several frozen Greek yogurt options (which Kefalas stresses taste vastly different from standard frozen yogurt) will also be available. Kefalas recently brought his staff to the place that influenced his new Georgetown shop, which happens to open on National Ice Cream Day (Sunday, July 20). Calling in from the Greek isle of Rhodes at 1 a.m., Kefalas was there with his team this spring to experience its ice cream for themselves — and enjoy the beaches and warm weather before tourist season picks up. Growing up in a Greek American household, Kefalas would travel to Rhodes in the summers with his family. 'My first memory of this ice cream is having it with my parents and grandmother in Rhodes,' says Kefalas. 'I remember having this great ice cream and when I would come back to the States, nothing compared.' To honor the familial connection, a cartoon of his papou (grandfather) will be adorned throughout Yala's decor and much of the shop's ethos is dedicated to Kefalas' grandfather, who was usually absent on his summer trips to Rhodes. 'He didn't make many trips back to Greece because he was working in restaurants trying to provide for my family and create a better life for us,' Kefalas said about why he wanted to incorporate his grandfather's memory in the shop. 'He was the soul of our family. And he taught me a lot about treating everybody like family, welcoming everyone, taking great pride and making things the best.' Kefalas' late grandfather started and ran the Baltimore seafood restaurant Costas Inn, while also helping out at his brother's Jimmy's Famous Seafood. Both restaurants are still open and operating today, serving as a testament to his grandfather's hospitality, standards, and determination. While his grandson has now made D.C. his home with husband and local radio star Tommy McFly, Kefalas hopes to follow in his grandfather's culinary success noting, 'The one type of food that represents my papou best is ice cream. It's about bringing joy to people, and I think we have the opportunity to do that with Yala Greek ice cream.' See More: Coming Attractions DC Restaurant News DC Restaurant Openings