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H World debuts in Laos with four hotel management deals
H World debuts in Laos with four hotel management deals

Yahoo

time4 days ago

  • Business
  • Yahoo

H World debuts in Laos with four hotel management deals

Global hospitality firm H World Group has made its debut in Laos, underscoring a step in its international expansion strategy. The entry is marked by the signing of four hotel management agreements, set to enhance its presence in Southeast Asia. These agreements were formalised in a signing ceremony in Vientiane, the capital city of Laos, aligning with H World Group's "asset-light and internationalisation" initiative. H World Asia Pacific president Zhu Xiaogang said: "This signing of four hotels in Laos is an important step for H World in promoting localised management and building a deeply rooted network across the region. "We are committed to strengthening our operational capabilities in Southeast Asia and delivering high-quality, full-lifecycle services to our partners. We are confident that these projects in Laos will become the highlights in H World's development in the region.' Under the company's upper-midscale and midscale brands, the new properties will be situated in Vientiane and the historic city of Luang Prabang. The first property, Intercity Hotel in Vientiane, is a collaboration with Lao Kunpeng Industrial and will be located near Wattay International Airport and the Sanjiang Area. Its doors are expected to open in early 2026, offering guests connectivity. Intercity Hotel in Luang Prabang, also developed with Lao Kunpeng Industrial, will be nestled in the centre of city and is slated to welcome guests in 2027. Yuting Hotel Investment Management will develop JI Hotel in Vientiane's Mekong Riverside, which will offer river views in downtown Vientiane. This establishment, set to open in early 2026, will be the first JI Hotel in Laos and the second in Southeast Asia, joining JI Hotel Orchard in Singapore. A project by KP Construction Sole, the Orange Hotel Vientiane International Airport will be situated near the airport and the Sanjiang Area, with an anticipated opening in the third quarter of 2026. This marks the first Orange Hotel outside China. The expansion comes at a time when Laos is experiencing a surge in international tourism, with more than 1.97 million international tourists arriving via the China-Laos Railway in 2024, a significant increase from the previous year, as per data from the Laos National Tourism Administration. Chinese tourists represent over 60% of these visitors, with China becoming a source of inbound tourism to Laos. In financial terms, H World Group reported a net income of 659m yuan ($91m) for the first quarter of 2024, which is a 33.4% decrease from 990m yuan in the same period last year. "H World debuts in Laos with four hotel management deals" was originally created and published by Hotel Management Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Aluminium recycling forum spotlights investment potential and sustainability goals
Aluminium recycling forum spotlights investment potential and sustainability goals

Observer

time22-04-2025

  • Business
  • Observer

Aluminium recycling forum spotlights investment potential and sustainability goals

Muscat: Industry leaders, environmental experts, and policymakers gathered in Muscat on Tuesday for the second edition of the Aluminium Recycling Forum, hosted by Sohar Aluminium in collaboration with the Environment Authority. Held under the patronage of H.E. Dr Abdullah bin Ali Al Amri, Chairman of the Environment Authority, the event took place at the Intercity Hotel and focused on strengthening Oman's aluminium recycling industry and exploring its economic and investment prospects. Building on the success of its inaugural edition, this year's forum brought together national and international figures in the aluminium and sustainability sectors to discuss global trends, policy frameworks, and the role of recycling in advancing a circular economy. Among the keynote speakers were Marlen Bertram, Director of Scenarios and Forecasts at the International Aluminium Institute; Dr Fiona Solomon, CEO of the Aluminium Stewardship Initiative; and Dr Gabriel Carmona Aparicio, Circularity Research Manager at the same initiative. Contributions also came from Gulf Aluminium Council Secretary General Mahmood Dailami, and Dr Mohammed bin Saif Al Kalbani, Director General of Environmental Affairs at the Environment Authority. The forum featured two high-level panel discussions that tackled key challenges and emerging opportunities in aluminium scrap recycling. The first session addressed operational and regulatory hurdles faced by recyclers, collectors, and industry stakeholders, while highlighting how regional industries are incorporating recycling into their broader sustainability strategies. It also explored how evolving regulations in Oman can better support recycling logistics and compliance. The second panel turned the spotlight on the economic potential of aluminium recycling and the investment mechanisms needed to support its growth. Panelists discussed the role of SMEs, green financing, ESG-focused investments, and public-private partnerships in unlocking value across the recycling ecosystem. They also examined how trade policies and regional collaboration could drive momentum for the sector. Eng. Said Al Masoudi, CEO of Sohar Aluminium, stressed the strategic importance of recycling as a catalyst for economic and environmental resilience.'Recycling is more than an environmental necessity; it is a pathway to resource efficiency, innovation, and economic diversification,' Al Masoudi said. 'This forum enables stakeholders to share ideas, form partnerships, and support policy development that can transform the recycling industry into a key pillar of sustainable growth in Oman and beyond.' The forum reinforced Oman's commitment to sustainability and positioned the aluminium recycling industry as a vital contributor to the country's long-term development vision.

Oman: Aluminium recycling forum spotlights investment potential and sustainability goals
Oman: Aluminium recycling forum spotlights investment potential and sustainability goals

Zawya

time22-04-2025

  • Business
  • Zawya

Oman: Aluminium recycling forum spotlights investment potential and sustainability goals

Muscat: Industry leaders, environmental experts, and policymakers gathered in Muscat on Tuesday for the second edition of the Aluminium Recycling Forum, hosted by Sohar Aluminium in collaboration with the Environment Authority. Held under the patronage of H.E. Dr Abdullah bin Ali Al Amri, Chairman of the Environment Authority, the event took place at the Intercity Hotel and focused on strengthening Oman's aluminium recycling industry and exploring its economic and investment prospects. Building on the success of its inaugural edition, this year's forum brought together national and international figures in the aluminium and sustainability sectors to discuss global trends, policy frameworks, and the role of recycling in advancing a circular economy. Among the keynote speakers were Marlen Bertram, Director of Scenarios and Forecasts at the International Aluminium Institute; Dr Fiona Solomon, CEO of the Aluminium Stewardship Initiative; and Dr Gabriel Carmona Aparicio, Circularity Research Manager at the same initiative. Contributions also came from Gulf Aluminium Council Secretary General Mahmood Dailami, and Dr Mohammed bin Saif Al Kalbani, Director General of Environmental Affairs at the Environment Authority. The forum featured two high-level panel discussions that tackled key challenges and emerging opportunities in aluminium scrap recycling. The first session addressed operational and regulatory hurdles faced by recyclers, collectors, and industry stakeholders, while highlighting how regional industries are incorporating recycling into their broader sustainability strategies. It also explored how evolving regulations in Oman can better support recycling logistics and compliance. The second panel turned the spotlight on the economic potential of aluminium recycling and the investment mechanisms needed to support its growth. Panelists discussed the role of SMEs, green financing, ESG-focused investments, and public-private partnerships in unlocking value across the recycling ecosystem. They also examined how trade policies and regional collaboration could drive momentum for the sector. Eng. Said Al Masoudi, CEO of Sohar Aluminium, stressed the strategic importance of recycling as a catalyst for economic and environmental resilience.'Recycling is more than an environmental necessity; it is a pathway to resource efficiency, innovation, and economic diversification,' Al Masoudi said. 'This forum enables stakeholders to share ideas, form partnerships, and support policy development that can transform the recycling industry into a key pillar of sustainable growth in Oman and beyond.' The forum reinforced Oman's commitment to sustainability and positioned the aluminium recycling industry as a vital contributor to the country's long-term development vision.

Oman announces its readiness to participate in Expo 2025 Osaka
Oman announces its readiness to participate in Expo 2025 Osaka

Observer

time25-03-2025

  • Business
  • Observer

Oman announces its readiness to participate in Expo 2025 Osaka

The Sultanate of Oman has announced its readiness to participate in Expo 2025 Osaka, unveiling the details of its national pavilion during a press conference held on Tuesday, at the Intercity Hotel in Muscat. The event was attended by representatives from various participating and supporting organizations. The press conference included a visual presentation by Reem Al Shanfari, a member of the Oman Pavilion Management Team at Expo 2025 Osaka, and the International Communications Officer, about the Omani Pavilion, which has an area of 1,763.22 square meters and a construction area of 668 square meters. The pavilion's design was inspired by the country's natural and topographical diversity, as well as the Omani people's adaptation to their natural surroundings, focuses on three main elements of 'land, water, and people'. It is one of the outcomes of the Bilarab bin Haitham Award for Architectural Design. Participation themes Reem Al Shanfari presented the (6) prominent themes for Oman participation in Expo 2025 Osaka: communication and interaction, tourism, investment opportunities, cultural identity, and international relations and partnerships. These principles focus on achieving strategic objectives that are in line with Oman Vision 2040, and primarily revolve around highlighting the Omani cultural identity, enhancing the Sultanate of Oman's position as a global destination in the fields of tourism and investment, and showcasing national innovations in the fields of sustainable technology and renewable energy, which reflects the Sultanate of Oman's commitment to the green economy and sustainable development. In addition to exchanging knowledge between different cultures, building bridges of cultural communication, strengthening cultural relations, highlighting the historical and cultural significance of the Sultanate of Oman, highlighting the development of the education sector through educational, academic, and research cooperation with international institutions, shedding light on the Sultanate of Oman's vision for a sustainable future for societies, strengthening international relations, and providing distinguished participation that contributes to building new partnerships with other countries. More than (33) activities The conference revealed the program of events and activities accompanying the Sultanate of Oman's pavilion, there will be more than (33) activities from April 6 to October 13, 2025. Commenting on the program, Ibrahim Bani Araba, a member of the technical committee of the Omani Pavilion, said: 'This program stems from our belief in the importance of this participation, which represents a significant opportunity to enhance cultural and technological exchange with countries around the world, highlight the cultural and economic progress of the Sultanate of Oman, and preserve Oman's cultural identity and highlight its rich history.' The Digital Platform The press conference included a showcase of the digital platform accompanying the Sultanate of Oman's pavilion at Expo 2025 Osaka. This platform is an extension of the pavilion, where visitors will be able to interact with a wide range of new content from various participating entities using extended reality and artificial intelligence technologies. The platform includes 10 sections: the Visual Exhibition, the Virtual Theatre, the Audio Arts Exhibition, Made in Oman, Discover Oman, the Omani Technology Companies Centre, the Virtual Innovation Centre, the Small and Medium Enterprises Exhibition, the Virtual Education Opportunities Exhibition, and the Humanitarian Diplomacy Portal.

Election of Members of the Oman Athletes Committee and Approval of Their Representatives in OOC General Assembly
Election of Members of the Oman Athletes Committee and Approval of Their Representatives in OOC General Assembly

Times of Oman

time24-03-2025

  • Sport
  • Times of Oman

Election of Members of the Oman Athletes Committee and Approval of Their Representatives in OOC General Assembly

Muscat: Oman Athletes Committee held its Ordinary Electoral General Assembly on Sunday at Intercity Hotel – Muscat, in the presence of 17 members of the General Assembly, members of the Election Committee, members of Oman Athletes Committee, and candidates for the upcoming term. At the beginning of the meeting, Asaad Mubarak Al-Hasni, Chairman of Oman Athletes Committee, delivered a speech welcoming the attendees. He highlighted that the committee was established based on the recommendations of International Olympic Committee (IOC) and in line with the Basic Principles of Good Governance for the Olympic and Sports Movement. One of the committee's key roles is to represent Omani athletes within Olympic entities and coordinate efforts to uphold the Athletes' Rights and Responsibilities Charter. Al-Hasni further stated that since its establishment, the committee has worked on drafting an independent and comprehensive regulation, which has been approved by Oman Olympic Committee (OOC). In collaboration with the executive administration, the committee has also focused on activating athletes committees within various sports federations and committees, achieving notable success. He expressed hope that these committees would effectively fulfill their roles, carry out their responsibilities, and meet the aspirations of athletes in Oman. In his speech, Al-Hasni said: "Today, we stand at the threshold of a new phase of work and development. I wish the new committee all the best in facing upcoming challenges. We all recognize the pressing issues that require urgent attention, such as protecting athletes' rights and ensuring a safe sports environment." He added: "The fight against doping is one of our top priorities. Protecting athletes' health and safety is a shared responsibility, and we must work together to ensure that their sports careers remain free from risks that could impact their lives and future." At the conclusion of his speech, the Chairman of Oman Athletes Committee expressed his gratitude to the committee members for their dedication and efforts. He also extended his appreciation to OOC Board of Directors, its General Secretariat, and its Executive Administration for their continuous support. He wished success to all members of the committee for the 2024–2028 term. Following the speech, the election event took place to select representatives of Oman Athletes Committee for the 2024–2028 term. Six members were elected from a pool of nine candidates: - Salih Nasser Al-Saadi – 16 votes - Sultan Hamoud Al-Touqi–15 votes - Buthaina Eid Al-Yaqubi–14 votes - Mohammed Naseeb Al-Habsi–14 votes - Wafa Saif Al-Samariya–14 votes - Khalifa Hamad Al-Jabri–12 votes Additionally, the General Assembly elected Fatma Talib Al-Nabhani and Salih Nasser Al-Saadi as athlete representatives in OOC General Assembly for the 2024–2028 electoral cycle. Al-Nabhani received 14 votes while Al-Saadi secured 12 votes Furthermore, the General Assembly appointed Khalifa Hamad Al-Jabri as OOC Board Member representing the athletes for the 2024–2028 electoral term.

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