The industry-real estate-finance conglomerate T&T Group JSC officially launched its hospitality member, T&T Hospitality Management Limited Company, last week.

Through the launch of this hotel management brand, T&T Group is gradually completing the ecosystem in its real estate development chain, aiming to exploit and manage the professional real estate system by international standards.

Carl Johan Lindholm, general director of T&T Hospitality, said T&T Hospitality operates from the perspective of a harmonious unit of interest for the investor and owner, from project formulation to completion of the project to ensure that it meets the international five-star standard.

T&T Hospitality is not merely a consultancy but also a quick strategist in maintaining the viability and profitability of real estate through the promotion of rental properties and the sale of residential properties and real estate resorts, Johan added.

T&T Hospitality aims to provide a diverse range of hotel and resort products, each of which has its own unique character but is connected by a commitment to providing the best experiences for customers.

T&T Hospitality was licensed in early January 2018 with chartered capital of VND100 billion (US$4.4 million). Prior to that, T&T Hospitality prepared its financial capacity as well as set up its professional staff according to international standards to bring maximum benefit to customers. The real estate development model that T&T Hospitality is aiming for is a comprehensive and sustainable model developed by many well-known brands around the world.

Founded in 1993, T&T Group JSC operates in real estate, finance, industry, sports, and import-export trading market segments. Its real estate projects include residential units, trade centres, office buildings, resorts, marine eco-tourism areas, and urban areas and industrial zones. The company currently has total assets of VND20 trillion and chartered capital of VND5 trillion. — VNS