IRHM, Your Global Window into Real Estate and Hospitality

October 3, 2026

Visa

Vietnamese conglomerate Sun Group has secured strategic agreements with US firms Visa, Marriott International and Boeing during an official state visit to New York. The partnerships span digital payment integration, hotel expansion and aerospace development. The moves follow Vietnam’s Politburo Resolution No. 26-NQ/TW, which aims to position tourism as a primary economic driver and grow the sector to contribute 12 to 14 per cent of national GDP.
The UAE has recorded a sharp increase in commercial licences within its tourism, hospitality, and aviation sectors, reaching 39,546 by mid-September 2025. Officials say the rise reflects regulatory reforms and new initiatives designed to attract investment and strengthen the country’s position as a leading global tourism hub.
UAE families are reshaping summer travel, with outbound leisure spending up 48% and children influencing where money is spent. From soaring amusement park outlays to London trips and Dubai’s busy hotels, the hospitality sector is seeing family-centred experiences take priority, turning the summer into a peak tourism season.

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