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Acer Reports Revenues for August at NT$21.80 Billion, and Year-to-August at NT$171.74 Billion

TAIPEI, Sept. 8, 2025 /PRNewswire/ — Acer Inc. (TWSE: 2353) announced its consolidated revenues for August at NT$21.80 billion, down 4.5% year-on-year (YoY) due to foreign exchange factors (up 2.2% YoY in USD). Year-to-August consolidated revenues reached NT$171.74 billion, remaining flattish (up 2.7% YoY in USD).

Highlights in August include:

  • Revenues from desktop PCs grew by 7.2% YoY
  • Revenues from gaming-related products and businesses grew 24.8% YoY

Acer’s strategy to expand multiple business engines continued to gain momentum. Total revenues from businesses other than personal computers[1] and displays contributed 33.3% of the group’s total revenues in August and 32.3% year-to-August.

Acer announced a host of new innovations at the next@acer global press conference in Berlin, including an ultra thin-and-light 16-inch laptop weighing less than 1kg, gaming PCs, and AI mini workstation built on the NVIDIA GB10 Superchip (Veriton GN100), in addition to its progress in Agentic AI and generative AI application for medical solutions.

[1] Personal computers business includes desktop and notebooks

About Acer

Founded in 1976, Acer is one of the world’s top technology companies with a presence in more than 160 countries. The company continues to evolve by embracing innovation across its offerings, which include computers and displays, while branching out to new businesses. Acer is also committed to sustainable growth, exploring new opportunities that align with its environmental and social responsibilities. The Acer Group employs over 9,000 employees that contribute to the research, design, marketing, sales and support of products, solutions, and services that break barriers between people and technology. Visit www.acer.com for more information.

© 2025 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.

CLPe and Kai Shing Sign Memorandum of Understanding to Transform International Commerce Centre (ICC) into a Smart Energy Landmark

HONG KONG, Sept. 8, 2025 /PRNewswire/ — CLPe and Kai Shing Management Services Limited (Kai Shing) have signed a Memorandum of Understanding (MoU) to combine their property and energy management expertise and enhance the energy efficiency, climate resilience, and sustainability of properties managed by Kai Shing. The collaboration will see Hong Kong’s tallest skyscraper – the International Commerce Centre (ICC) – transformed into a flagship for smart energy management, creating a blueprint for sustainable architecture in the city in support of the Hong Kong SAR Government’s goal of achieving carbon neutrality by 2050.

(Back row, from left) Witnessed by Kai Shing Management Services Limited Deputy Managing Director Mr Kevin Chu and CLPe Managing Director Mr Ringo Ng,  (Front row, from left) Kai Shing Management Services General Manager Mr Enzo Lau and CLPe Director - Decarbonisation Business Mr Alvin Lo signed a MoU to transform the International Commerce Centre (ICC) into a landmark for smart energy management and implement innovative energy-saving and carbon reduction solutions across properties managed by Kai Shing to enhance their resilience against extreme weather.
(Back row, from left) Witnessed by Kai Shing Management Services Limited Deputy Managing Director Mr Kevin Chu and CLPe Managing Director Mr Ringo Ng,  (Front row, from left) Kai Shing Management Services General Manager Mr Enzo Lau and CLPe Director – Decarbonisation Business Mr Alvin Lo signed a MoU to transform the International Commerce Centre (ICC) into a landmark for smart energy management and implement innovative energy-saving and carbon reduction solutions across properties managed by Kai Shing to enhance their resilience against extreme weather.

CLPe and Kai Shing will collaborate in three key areas under the MoU:

1.Transform the ICC into a pioneering model for smart energy management that sets a new standard for sustainable building development

The ICC will serve as a pilot for the deployment of advanced energy technologies, including Digital Twin infrastructure and AI-powered energy management systems. The systems will be integrated with real-time sensor data, air purification system, and energy-saving solutions to enhance the ICC’s overall energy efficiency. This approach will be extended across Kai Shing’s portfolio, setting a new standard for sustainable development and accelerating the reduction of carbon emissions from buildings in Hong Kong.

2. Strengthen the climate resilience of buildings against extreme weather and enhance the reliability of building electrical systems

The partnership will focus on properties aged over 20 years under Kai Shing management. The initiatives will include strengthening routine inspections and conducting comprehensive evaluations of fixed electrical installations and cooling systems with a view to improving the reliability and safety of the buildings’ energy use and cooling systems. These steps will address the rising rate of extreme weather by enhancing the climate resilience of buildings managed by Kai Shing.

3. Implement Energy-as-a-Service to support Hong Kong achieve carbon neutrality by 2050

CLPe and Kai Shing will adopt a one-stop Energy-as-a-Service model to upgrade buildings through low-carbon solutions such as cooling system upgrades, renewable energy applications, and the introduction of battery energy storage systems. These initiatives will reduce the carbon footprint of properties managed by Kai Shing and support Hong Kong in achieving its goal of carbon neutrality by 2050.

CLPe and Kai Shing have a strong established partnership in energy infrastructure and AI-driven energy management, and the signing of the MoU significantly strengthens their strategic collaboration. Kai Shing Management Services Limited Deputy Managing Director Mr Kevin Chu said, “Kai Shing is dedicated to driving forward the sustainable development of Hong Kong. This partnership will establish the ICC as a flagship for smart energy management and set a new standard for sustainable development in Hong Kong and the Greater Bay Area. Our joint efforts in conducting electrical inspections and testing for older buildings will also enhance their resilience against extreme weather and deliver greater value across our portfolio.”

Buildings account for 90% of Hong Kong’s total electricity consumption and cooling systems are the leading source of carbon emissions. Improving the energy efficiency and emission reduction capabilities of buildings is therefore crucial for Hong Kong to achieve its carbon neutrality goal.

CLPe Managing Director Mr Ringo Ng explained, “CLPe has supported commercial and industrial customers for years by improving their energy efficiency and promoting low-carbon operations. With the application of innovative smart energy technologies and cost-effective, one-stop energy management solutions, we will work with Kai Shing to transform the ICC into a landmark for smart energy management. This initiative will also enhance the climate resilience of properties managed by Kai Shing, making them better prepared for extreme weather.”

OneConnect and VPBank cooperate on technology to process 1 billion transactions per day

SINGAPORE, Sept. 8, 2025 /PRNewswire/ — On September 5, 2025, OneConnect – a financial technology company under Ping An Group (China), officially signed a cooperation agreement with Vietnam Prosperity Joint Stock Commercial Bank (VPBank), to build a new generation core banking system (Core Banking) according to Digital Core Banking.

According to the agreement, OneConnect will accompany VPBank and GPBank (a bank 100% owned by VPBank) to deploy a new generation Core Banking system. This platform will help VPBank and GPBank effectively manage the bank’s main operations: from opening accounts, making savings deposits, borrowing capital, to payment services and managing customer information.

The highlight of the system is its outstanding processing speed. The system can handle up to 10,000 transactions/second and 1 billion transactions/day quickly and stably, the first in the Vietnamese banking industry, bringing a seamless, fast and safe experience to millions of individual and corporate customers nationwide.

Cooperating with OneConnect also helps VPBank and GPBank shorten the time to bring new digital products to the market. As a result, customers will soon have access to more modern services, such as quick account opening on the phone, online loans, or personal expense management tools. Small and medium enterprises (SMEs) will also benefit from convenient financial solutions that save time and costs.

Speaking at the signing ceremony, Mr. Nguyen Duc Vinh, General Director of VPBank said: “The implementation of the new generation digital banking system not only helps VPBank improve its competitiveness in the digital era, but also affirms its leading position in financial technology in Vietnam. Mastering core technology means that VPBank can proactively innovate, build multi-functional and sustainable banking services and be ready to meet the increasing needs of customers.”

The cooperation in deploying the new generation Core Banking system will also be the first step for many more strategic cooperation activities between VPBank and OneConnect in the future.

Mr. Dang Yang Chen, Chairman of OneConnect shared: “With global experience in financial technology and the ability to deploy large-scale digital banking systems, OneConnect believes that the new solution will help VPBank improve operational efficiency, expand its ability to serve millions of customers every day and continue to affirm its brand as a leading innovative bank in Vietnam.”

This collaboration with VPBank further enriches OneConnect’s market presence in Southeast Asia. Following successful expansions in Singapore, the Philippines, Malaysia, and other countries, the breakthrough in the Vietnamese market not only broadens the service reach but also accelerates the localization of various products, including AI, risk control, credit, and automotive ecosystems. This lays the foundation for future regional collaboration and ecosystem development.

As the exclusive financial technology export window of Ping An Group, by June 30th, OneConnect’s overseas operations have expanded to cover 20 countries and regions, serving 214 clients.

OranAI Raises Multi-Million-Dollar Angel Funding to Lead AI Content Marketing Through Its AI Agent PhotoG

CITY OF INDUSTRY, Calif., Sept. 8, 2025 /PRNewswire/ — OranAI, a next-generation AI marketing company, announced the completion of a new multi-million-dollar angel financing round. The investment will accelerate OranAI’s expansion and strengthen its AI Marketing Agent, PhotoG, which enables enterprises to automate insights, content generation, and multi-channel publishing at scale.

Founded in 2024, OranAI provides an integrated AI marketing solution covering insights, strategy, content creation, and operations. Its product suite — including PhotoG, DataG, and VoyaAI — empowers brands to achieve AI content marketing that is faster, more cost-effective, and more consistent than traditional approaches. Within just six months of go-to-market, OranAI has surpassed $1.4 million in revenue and secured over 40 enterprise clients across beauty, FMCG, fashion, and consumer electronics.

In addition, OranAI has built the world’s largest AI model library, designed to meet the diverse needs of global advertising. The library includes AI-generated models of different genders, ethnicities, and styles, all created with a proprietary compliance framework that eliminates copyright and privacy risks. This enables brands to safely and efficiently scale personalized campaigns across international markets.

PhotoG: The AI Marketing Agent

PhotoG is OranAI’s AI Marketing Agent, designed to automate the full marketing workflow. From market insights and strategy to image/video generation and one-click publishing, PhotoG delivers campaigns at one-tenth the cost of conventional content marketing.

To ensure commercial-grade quality, OranAI pioneered the a-t diffusion algorithm, enabling high-fidelity outputs across product, scene, and copy. On VBench 2.0 marketing benchmarks, PhotoG has achieved SOTA-level performance, with consistency scores exceeding 0.92.

Building the Commercial AI Brain

OranAI is also building a multimodal model matrix it calls the “commercial brain” — from the Oran-VL 7B vision-language model to the large-scale Oran-XVL 72B multimodal model. By combining trend insights with customer engagement data, OranAI enables enterprises not only to “see” but to understand and act on complex consumer and business needs.

Market Traction

OranAI focuses on industries with substantial budgets and fast decision cycles — including beauty, FMCG, fashion, and consumer electronics. Its results-based pricing model directly aligns AI-driven marketing with business outcomes, making its AI Marketing Agent PhotoG indispensable for global brands.

Investor Perspectives

“OranAI shows us how the next generation of AI Marketing Agents will reshape the trillion-dollar advertising industry,” said one investor. “By combining technical precision with practical AI content marketing, OranAI is setting a new global standard.”

About OranAI

OranAI is an AI marketing company delivering end-to-end solutions for AI content marketing. Its core product PhotoG, the AI Marketing Agent, enables enterprises to generate high-quality creative content at scale. Together with DataG and VoyaAI, OranAI provides actionable insights and automated publishing, working with leading global brands in beauty, FMCG, fashion, and consumer electronics to drive intelligent, automated growth.

For more information, please contact:
Wanqi, Kuang
E-mail: kuangwanqi@orannai.com 

SKF to showcase scalable, customer-focused innovations at 2025 Tech and Innovation Summit

GOTHENBURG, Sweden, Sept. 8, 2025 /PRNewswire/ — At this year’s Tech and Innovation Summit, SKF will introduce a broad range of new products and technologies designed to help industrial customers reduce downtime, improve reliability and performance, and make better use of data. The virtual event, themed “From Insight to Impact,” will highlight how SKF is translating deep customer understanding into practical solutions that deliver measurable results – solutions that create less friction and enable more progress across industries.

The innovations being presented include compact solutions that simplify integration and reduce unplanned stops, Digital twin technologies that simulate and optimize performance before production begins and Data-driven tools that turn machine data into insights for enterprise-wide decision-making.

“In a competitive landscape, staying ahead means turning insight into action. That’s how we create value for our customers and for the industries we support. The technologies we’re presenting reflect our commitment to solving real operational challenges such as reducing downtime, improving efficiency, and enabling smarter decisions. As we move forward in building two focused, world-leading businesses, innovation will continue to remain central to how we serve our customers,” says Rickard Gustafson, President and CEO.

SKF’s strategy is centered on delivering value in attractive segments such as machine tools, railways, metals, mining, industrial electrical, agriculture and food and beverage. More than 90% of the company’s R&D efforts are now focused on these areas.

“Our innovation efforts are grounded in customer needs and shaped by the realities of their operations. We’re working closely with customers to co-develop solutions that are easier to implement, more reliable in operation, and better aligned with their business goals. We develop solutions that are not only technically advanced but also scalable and easy to implement. By delivering technologies that make a measurable difference in performance, reliability, and sustainability, we help our customers stay competitive,” says Annika Ölme, CTO and Senior Vice President, Technology Development.

Join us on September 18 to see how SKF is helping customers move from insight to action – delivering less friction and more progress. A replay of the summit will be available on the website for on demand watch.

Read more on the Tech and Innovation Summit

The live webcast of the event will be available via this Teams meeting link – https://skf.li/vmk7ps

  • Sep 18: 10 am CET (EMEA), 10 am IST (India and Southeast Asia), 9 am PT / 12 pm ET (Americas)
  • Sep 19: 12 pm CST (China and Northeast Asia)

Technologies to be showcased at the Tech & Innovation summit:

Agri Hub T400 for Tillage

Built for harsh conditions, designed for productivity
The Agri Hub T400 is engineered for large-scale farming and tough soil conditions, delivering up to 4x better performance in contaminated environments against our standard Agri Hub thanks to SKF’s patented Mudblock seal. With flexible mounting options and three sealing levels tailored to farm size, it extends service life and boosts tillage equipment efficiency, helping farmers reduce downtime and increase productivity.

Low Friction TBU for Railways

Reducing energy use, extending maintenance intervals
SKF’s new low-friction Tapered Bearing Unit (TBU) for railways has shown up to 14% energy savings in pilot applications. In one case, wheelset bearings accounted for 7% of total train energy losses, implying the TBU’s contribution to overall savings is around 1%. The unit is also available as a digital twin focused on replicating bearing energy losses, allowing customers to run realistic virtual tests within vehicle simulations. Validated in real-world conditions, it lowers operating temperatures and extends maintenance intervals, supporting more efficient and sustainable rail operations.

SKF Food Line Ball Bearing Units

Cleaner, safer, longer-lasting
Innovated for the demanding food and beverage industry, SKF’s Food Line ball bearing units offer multiple benefits, while eliminating relubrication – which means no more excess lubrication needs, reduced risk of food contamination by grease and accidents, as well as an increase in bearing life. The design reduces water and energy use during cleaning, prevents contamination, and supports customers’ sustainability goals and food safety standards.

SKF Observer PI Connector

One view, deeper insights
The new SKF Observer PI Connector enables seamless integration of vibration and process data into AVEVA PI systems using AVEVA’s recommended method. Developed with AVEVA, it delivers more contextualized data, better insights, and scalable deployment, creating a single source of truth for smarter decision-making and reduced operational complexity.

SDVD Housing for Conveyor Pulleys

Designed for Australia’s toughest mining conditions. Now available worldwide

SKF’s new conveyor pulley housing offers a compact, easy-to-install design with bolt-on end covers and advanced sealing for harsh environments. It enables design optimizations, extends service life and supports condition monitoring. Developed for OEM and end users, it boosts reliability and sustainability in bulk material handling systems.

SKF Seals Digital Twin

Simulate, diagnose, optimize
The SKF Seals Digital Twin simulates seal behavior under dynamic conditions, predicting friction and heat generation to support both new designs and troubleshooting. It enables faster root cause analysis and performance optimization, helping engineers reduce development time and improve system reliability to operate longer, cleaner and safer.

Aktiebolaget SKF
(publ)

For further information, please contact:
Aparna Srivastava, Head of Communication, Technology Development, +46 707 576 468; aparna.srivastava@skf.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skf/r/skf-to-showcase-scalable–customer-focused-innovations-at-2025-tech-and-innovation-summit,c4230352

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Envalior publishes its first Sustainability Report

  • Envalior today publishes its Sustainability Report, reinforcing its commitment to transparent reporting and providing detailed insights into the company’s progress and ambitions across environmental, social, and governance topics.
  • The company’s climate transition plan, which is one of the key initiatives detailed in the report, targets a 35% reduction in Scope 1 and 2 emissions by 2030 (with a baseline of 2024).
  • Further concrete sustainability commitments include switching to 100% renewable electricity, offering an entire portfolio of bio- and/or recycled-based alternatives by 2030, and actively engaging in industry collaborations and participating in the UN Global Compact.

DÜSSELDORF, Germany, Sept. 8, 2025 /PRNewswire/ — Envalior, a global leader in Engineering Materials, today publishes its first Sustainability Report, covering the period from January to December 2024. The report was prepared on a voluntary basis and includes a Double Materiality Assessment (DMA). By assessing its first full year of operations through a sustainability lens, the company reinforces its commitment to concrete progress on environmental, social, and governance (ESG) topics, based on a solid foundation of accurate and transparent corporate reporting. In addition, the report represents an important step toward compliance with the European Sustainability Reporting Standards (ESRS).

Envalior's first Sustainability Report, covering the period from January to December 2024, was prepared on a voluntary basis and includes a Double Materiality Assessment (DMA).
Envalior’s first Sustainability Report, covering the period from January to December 2024, was prepared on a voluntary basis and includes a Double Materiality Assessment (DMA).

Leading the change in Engineering Materials     

Envalior is a trusted supplier to manufacturers in sectors such as Mobility, Electronics and Electrical (E&E), and Consumer Goods, a top-two global player in PA6 injection molding and extrusion grades, and a top-three player in high-temperature polyamides and in thermoplastic copolyester. Because of its unique role in the value chain, the company is well-positioned to deliver sustainable material solutions that help customers succeed in a fast-changing economy. Under the strategic umbrella of Envalior CARES, the company manages sustainability with a holistic approach focused on three pillars: Low CArbon, Sustainable REsources, and Social Responsibility. This enables Envalior to embed sustainability into its decision-making processes, ensuring its materials continue to play a role in the ongoing transition toward sustainability across industries.

“As a global leader and highly innovative player in Sustainable & High-Performance Engineering Materials, Envalior is here to set new standards in the industry and lead the change, says Calum MacLean, CEO of Envalior.

Introducing Envalior’s climate transition plan

A key part of Envalior CARES is Envalior’s climate transition plan. This sets out the company’s practical pathway to an additional 35% reduction in Scope 1 and 2 greenhouse gas (GHG) emissions by 2030 compared to the new baseline year of 2024. This is on top of the 65% Scope 1 and 2 reductions already achieved between 2016 and 2024 by Envalior’s predecessor companies, compared to the former baseline year of 2016. The plan encompasses 12 key actions, including a pathway to obtain all of the electricity used at its sites from renewable sources by 2030, a low-carbon heat program, electric steam generation, and the continued implementation of ISO 50001 and ISO 14001 environmental and energy management systems. In addition, the company will intensify engagement with its value chain partners to further address its Scope 3 GHG emissions. 

Through focussing our resources, cutting emissions, and integrating sustainable feedstocks into our portfolio, we are using proven technologies and robust processes to deliver real impact,” adds MacLean.

A holistic approach to sustainability management

In addition to climate change mitigation, the report covers Envalior’s actions and commitments across a wide range of ESG focus areas. Key developments include:

  • Envalior’s global health and safety program, which is resulting in consistent, organization-wide improvements across key safety metrics.
  • Engagement with the Operation Clean Sweep® initiative to prevent pellet loss through the rollout of best practices, training, and external site audits.
  • A commitment to providing an entire portfolio of bio- and/or recycled-based alternatives by 2030, supporting customers to reduce product carbon footprints.
  • The implementation of global Human Rights and Diversity, Equity, and Inclusion policies, covering both own operations and value chains.
  • Continued participation in the United Nations Global Compact (UNGC) initiative, integrating UNGC values into the company’s strategy, culture, and operations.
  • Industry collaborations, including the Advanced Packaging Association (APA), PlasticsEurope, econsense, essenscia, the Royal Association of Dutch Chemical Industry (VNCI), and the European Chemical Industry Council (CEFIC).

Furthering transparency, sustainability, and industry collaboration

As the regulatory landscape for manufacturers becomes increasingly complex, the sustainability credentials of material suppliers worldwide are coming under greater scrutiny. By providing detailed insights into its own sustainability strategy, Envalior aims to further increase transparency across the industry and provide additional clarity for customers. As part of this ethos, continuing to work closely with stakeholders is essential to enabling long-term sustainability progress. Visitors to K 2025, the leading trade fair for plastics and rubber (Düsseldorf, 8-15 October), will be able to view a wide selection of Envalior’s sustainable material solutions, many of which have been developed jointly with customers. Envalior experts will also be available to discuss in detail the company’s sustainable material development strategy and its collaborative approach to innovation.

Envalior’s Sustainability Report 2024 is available to view on the company’s website via the following link.

About Envalior
Envalior is a global leader in Engineering Materials with over 4,000 employees worldwide. It was established in 2023 through the merger of Lanxess Performance Materials and DSM Engineering Materials. With a long track record of customer-driven innovation, Envalior specializes in developing Sustainable and High-Performance Engineering Materials. Focus markets include Mobility, Electronics & Electrical, and Consumer Goods. For more information, visit www.envalior.com

Forward-Looking Statements
This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third-party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of Envalior GmbH to differ materially from the estimates expressed or implied herein. Envalior GmbH does not guarantee that the assumptions underlying such forward-looking statements are free from errors, nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of Envalior GmbH or any of its affiliated companies or any of such person’s officers, directors or employees accepts any liability whatsoever arising directly or indirectly from the use of this document.

 

JETOUR G700 Rolls Out to the Middle East, Setting a New Benchmark for Hybrid Off-Road

FUZHOU, China, Sept. 8, 2025 /PRNewswire/ — On September 2, JETOUR’s first premium hybrid off-road model, the G700, rolled off the production line in Fuzhou, China, and was shipped to the Middle East market. This marks the official beginning of JETOUR’s entry into the premium hybrid off-road segment, heralding a new chapter for the brand.

Since its global launch in 2019, JETOUR has sold over 1.93 million vehicles across 91 countries and regions. The brand has developed a diverse product portfolio, with models like the X70 gaining international recognition and achieving cumulative sales exceeding 960,000 units. The DASHING model has received numerous international accolades, including the titles of “Best Midsize SUV” in Saudi Arabia, “Recomendados Autocosmos 2024” in Chile, and “Best Design” in Egypt. The off-road series (T-series) has also gained rapid popularity worldwide, and become the best-selling model in its SUV segment in the Middle East. The launch of the G700 marks JETOUR’s entry into the premium hybrid off-road SUV market, ushering in a new phase of global expansion.

As JETOUR’s first premium hybrid off-road SUV, the G700 made its debut at the Shanghai Auto Show in April, capturing wide attention with its bold design and luxurious presence. Built on JETOUR’s all-new generation all-terrain intelligent architecture — GAIA, the G700 has a solid foundation for performance and reliability. It showcases the brand’s latest achievements in hybrid technology. This model not only highlights JETOUR’s technological strength but also lays the foundation for its entry into the international premium hybrid off-road segment.

Mr. Ke Chuandeng, President of JETOUR International, emphasized that the G700 is significant for JETOUR not only as its first premium hybrid off-road model, but also as a carrier of the brand’s upward ambition. Under the guidance of the “Travel+” strategy, JETOUR will further cultivate a premium off-road image, and provide users with a more comfortable and personalized driving experience.

It is reported that in September, JETOUR will hold the G700’s first media preview in the UAE, providing an in-depth analysis of the vehicle’s technology and design philosophy, followed by its overseas launch in the Middle East in November. With the debut of the G700, JETOUR is set to truly usher in its own new era of premium hybrid off-road vehicles.

YOTEL Appoints Phil Andreopoulos as Chief Executive Officer

LONDON, Sept. 8, 2025 /PRNewswire/ — YOTEL, the global hospitality brand known for its design and tech-led approach to modern travel, proudly announces the appointment of Phil Andreopoulos as Chief Executive Officer. His appointment follows the news that YOTEL’s majority shareholder, the Al-Bahar Group (‘the Group’), acquired an additional 30% stake in the company earlier this year increasing the Group’s holding in YOTEL to more than 95%. The investment underscored the Group’s confidence in the future of YOTEL and signals a bold new trajectory for the brand, as the company sets its sights on doubling its global hotel portfolio to 15,000 rooms by 2030.

Phil Andreopoulos, Chief Executive Officer, YOTEL
Phil Andreopoulos, Chief Executive Officer, YOTEL

Talal Al Bahar, Chairman, YOTEL and Al-Bahar Group comments: “YOTEL’s success over the last 15 years has been exemplary, from start-up concept into the global company it is today with an expansive portfolio of properties in prime locations.

Now, it is time to scale the business further. Phil Andreopoulos brings a wealth of commercial and operational experience and under his leadership, YOTEL will enhance its distribution, direct business contribution and loyalty proposition. He will also drive expansion of both the managed and franchise businesses in key markets.”

“I would like to personally thank Hubert Viriot for his instrumental role in driving YOTEL’s growth. We are delighted to welcome him as Vice Chairman, where his experience and vision will continue to add significant value to the company and its stakeholders.”

A seasoned leader with decades of experience in the hospitality industry, Andreopoulos joins YOTEL following a distinguished career at Marriott International, where he held multiple senior leadership roles across Europe, the Middle East, and Africa.

“I’m thrilled to join YOTEL at such a pivotal moment in its growth,” said Phil Andreopoulos. “The pioneering concept and global footprint mean YOTEL’s global recognition supersedes its size and that, paired with the agility of being independent, creates a unique opportunity to scale quickly and offer owners, investors and franchisees the speed and innovation they crave in the industry.

I look forward to working alongside the talented YOTEL team and the Board to build on the company’s strong foundation, expand our global presence and continue delivering unforgettable experiences for travellers around the world.”

Most recently, Andreopoulos served as Chief Commercial Officer for EMEA at Marriott International, where his responsibilities spanned Brand Management, Marketing, e-Commerce, Sales, Reservations, Revenue Management, Loyalty, Communications, and Consumer Insights across 78 countries and all Marriott brands.

Prior to this role, Andreopoulos served as Chief Operating Officer for Owner & Franchise Services EMEA and Sub-Saharan Africa, where he oversaw the successful growth and development of franchise operations, maximising the potential of the brand, systems and sales engines.

The announcement follows the appointment earlier in the year of Yvonne Thomsen as Chief Financial Officer. Yvonne joined YOTEL from IHG, where she held the role of VP Finance Europe and Chief Financial Officer for Six Senses Hotels. The appointment of Phil Andreopoulos represents a strategic leadership evolution designed to support YOTEL in its next chapter.

For more information, visit www.yotel.com.

 

ABOUT YOTEL

YOTEL is a global hospitality brand based in London, with regional offices in the US and Asia. It has a portfolio of three brands: YOTEL (city centre hotels), YOTELPAD (extended stay option) and YOTELAIR (airport hotels).

The Company has 23 operating hotels across 16 buzzing cities and airports around the world including New York, Boston, San Francisco, Washington D.C., Miami, Tokyo, Singapore, Edinburgh, London, Amsterdam, Porto, Geneva, Glasgow, Manchester, Paris, and Istanbul. In addition, it has 11 hotels in the pipeline due to open over the next 24 months in Lisbon, London, Belfast, Bangkok, Kuala Lumpur, New York, NEOM (Kingdom of Saudi Arabia) and Perth.

YOTEL’s major shareholders include the Talal Jassim Al-Bahar Group, United Investment Portugal, and Kuwait Real Estate Company (AQARAT). The Al-Bahar Group has been invested in YOTEL since inception in 2005 and the Company’s major shareholder since 2013.

YOTEL was originally created by YO! founder Simon Woodroffe OBE who took inspiration from the experience of first-class travel and translated that ethos, language and design into small but beautifully designed rooms.

www.yotel.com