Ttc Hospitality

What Ttc Hospitality does

TTC Hospitality (legal name: Công ty Cổ phần Du lịch Thành Thành Công) is a Vietnam-based, Ho Chi Minh City-headquartered integrated hospitality group that operates hotels, resorts, entertainment attractions, restaurants, and convention centers across 20+ destinations in Vietnam and Cambodia. Formally incorporated in 2006 as a joint-stock company and listed on the Ho Chi Minh Stock Exchange (HOSE) under ticker VNG, the company is a member of Tập đoàn TTC, a diversified Vietnamese conglomerate. Its portfolio spans 1,200+ rooms across 3–5 star properties (TTC Hotel, TTC Imperial Hotel, TTC Van Phong Bay Resort, TTC Resort Ninh Thuận, TTC Resort Kê Gà, TTC Lotus Hotel, among others), four entertainment destinations including TTC World Thung lũng Tình yêu (Da Lat, ~140 hectares), TTC World Tà Cú (Bình Thuận), and TTC Mekong and Trảng Bàng Aqua Parks, plus the TTC Palace convention center and restaurant brand. The company serves over 2 million guests annually and reports a 99% customer satisfaction rate.

The underlying platform combines an online booking system (ttchospitality.vn) with payment gateway integration for Visa, Mastercard, JCB, and American Express, alongside property management systems distributed across each hotel and attraction. Revenue is generated through five streams: accommodation, entertainment and recreation (water parks, theme parks), food and beverage, MICE events and conferences, and integrated tour packages. Pricing is unit-based and varies by property, season, and tier (budget under 3M VND, mid-range 3–5M VND, premium 5–10M VND, luxury above 10M VND per night), with quote-based pricing for events and custom packages. Go-to-market combines direct sales (website, walk-in, corporate sales), OTA distribution (Agoda, Booking.com, Traveloka, Mytour), inbound travel agency partnerships (notably Korea, Thailand, Malaysia, India), and tourism fair participation such as ITE HCMC.

Financially, TTC Hospitality reported H1 2022 consolidated net revenue above 228 billion VND (a 73% YoY increase) and pretax profit of 5.7 billion VND, achieving 76% of its full-year profit target in that half. FY2021 revenue stood at 182 billion VND. The company operates 501–1,000 employees, holds two operating subsidiaries (Bến Tre Tourism Joint Stock Company and an adjacent industrial-zone development vehicle TTC IZ), and has accumulated ESG and customer-experience recognitions including Top 10 ESG Vietnam Green 2026, VITA Green certification, Agoda Gold Circle Award 2025, and multiple Booking.com Traveller Review Awards.

Name

Ttc Hospitality

Legal name

Công ty Cổ phần Du lịch Thành Thành Công

Website

https://ttchospitality.vn

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

501–1,000 employees

Short description

TTC Hospitality operates an integrated ecosystem of 20+ hotels, resorts, water parks, convention centers, and restaurants across Vietnam and Cambodia under the TTC Group, serving over 2 million leisure and corporate guests annually with 1,200+ rooms.

Ownership category

akta.pro rank

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices8 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Accommodation Services: Revenue from hotel rooms and resort stays across 20+ properties ranging from 3-5 star hotels, serving over 2 million guests annually with 1,200+ rooms
2. Entertainment and Recreation: Revenue from water parks (TTC Mekong Aqua Park, TTC Van Phong Aqua Park, TTC Trảng Bàng Aqua Park), TTC World theme parks including Thung lũng Tình yêu and Tà Cú attractions, and various entertainment activities
3. Food and Beverage: Revenue from restaurants, floating restaurants, food courts, and banquet services across hotel properties and entertainment venues
4. Events and Conferences: Revenue from convention centers and event venues serving MICE (Meetings, Incentives, Conferences, Exhibitions) market segment
5. Tour Packages: Revenue from integrated travel packages combining accommodation, entertainment, and dining experiences across the company's ecosystem

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

TTC Hospitality operates a diversified hospitality portfolio across three pillars: TTC Hotel (3-5 star hotels and resorts in Vietnam and Cambodia with 20+ properties and 1,200+ rooms), TTC World (entertainment and cultural experience venues), and TTC Palace (restaurants and convention centers). The group serves more than 2 million guests annually with lodging, food and beverage, event hosting, and leisure entertainment services marketed to leisure and corporate customers regionally.

Product overview

TTC Hospitality operates a vertically integrated hospitality ecosystem across Vietnam and Cambodia, comprising three main service pillars: (1) TTC Hotel - chain of 3-5 star hotels including TTC Imperial Hotel, TTC Hotel Michelia, TTC Van Phong Bay Resort, and resort properties in Ninh Thuận, Kê Gà, and other destinations; (2) TTC World - entertainment destinations including TTC World Thung lũng Tình yêu (Đà Lạt) and TTC World Tà Cú (Bình Thuận), plus TTC Mekong Aqua Park; and (3) TTC Palace - conference centers and restaurants including Mekong River restaurant. The company serves over 2 million guests annually across more than 20 properties with over 1,200 rooms.

Differentiator

Problem solved

Functional benefit

Brands

• TTC Hotel: Chain of 3–5 star hotels operated across Vietnam including Can Tho, Ngọc Lan, Da Lat, Airport, Angkor, Phan Thiet, Hoi An, Michelia (Nha Trang), and TTC Imperial Hotel in Hue.
• TTC World
• TTC Palace
• TTC Resort
• TTC Lotus Hotel

Products and services

• TTC Hotel — Hotel and Resort Stays

Quantifiable outcome

• 99% customer satisfaction rate
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Viettel Post TP. HCMminorStrategic or Co-development Partner · 25 December 2025Strategic partnership connecting ecosystems and creating synergistic value between tourism and logistics services. Joint initiative for value co-creation between the two companies.
• Korean Tourism PartnersminorChannel Partner/ Reseller/ Distributor · 20 December 2024Cooperation and exchange to promote Vietnamese tourism to Korean market. FAM trips organized for Korean travel agents to explore TTC Hospitality properties.
• Tổng công ty Gas PetrolimexminorStrategic or Co-development Partner · 7 November 2024Cooperation agreement signed for potential business collaboration between the two companies in the energy and tourism sectors.
• Trường Cao đẳng Sài GònminorStrategic or Co-development PartnerEducation and training partnership with Saigon College covering student internships, enterprise semesters with compensation, recruitment, event organization, and brand promotion. TTC Hospitality provides practical training opportunities while the college supplies qualified graduates.
• TTC IZ (Công ty Cổ phần Khu Công nghiệp Thành Thành Công)coreStrategic or Co-development PartnerTTC IZ invested in TTC Trảng Bàng Aqua Park and TTC Hospitality manages operations. This partnership marks TTC Hospitality's expansion into Tay Ninh market and represents ecosystem development for TTC Group residents and workers.

Scale indicators10 records

Recent moves12 records

Expansion highlights6 records

Broad incumbents

• Marriott International: World's largest hotel company with a multi-brand presence (Marriott, Sheraton, Westin, Ritz-Carlton, Courtyard) in Vietnam's gateway cities and resort destinations; competes for upscale and upper-upscale leisure and corporate travelers.
• InterContinental Hotels Group (IHG): Global hotel operator with brands (InterContinental, Holiday Inn, Crowne Plaza, Six Senses) expanding aggressively in Southeast Asia; competes for premium resort and MICE demand, including via Six Senses resort positioning.
• AccorHotels: Global hospitality leader operating dozens of brands (Novotel, Sofitel, Mercure, Mövenpick) with growing footprint across Vietnam; competes with TTC in 3-5 star city and resort hotels and serves overlapping leisure and MICE segments.
• Minor International (Anantara / Avani / Oaks): Thailand-based hospitality group with resort brands (Anantara, Avani, Oaks) operating across Southeast Asia including Vietnam; comparable mid-to-upper tier resort positioning and regional leisure traveler focus.
• Hyatt Hotels Corporation: Global luxury and lifestyle hotel operator (Park Hyatt, Hyatt Regency, Andaz) with growing presence in Vietnamese resort destinations; competes for high-end leisure travelers and corporate event business.

Direct peers

• Vinpearl / Vinholidays (Vingroup): Vietnamese hospitality and entertainment brand under Vingroup, operating large-scale resort hotels, amusement parks, and integrated tourism complexes across Vietnam. Most direct domestic peer given similar integrated hotel + entertainment model and multi-province footprint.
• Saigontourist Group: Vietnamese state-linked hospitality group operating hotels, resorts, and travel services across Vietnam; one of the closest domestic peers given overlapping provincial hotel operations, F&B venues, and inbound/outbound tour services.
• Sun Group: Major Vietnamese conglomerate with substantial hospitality, resort, cable car, and entertainment destination portfolio (e.g., Sun World, Sun Premier Village) competing with TTC for provincial resort and theme park market share.
• FLC Group / FLC Hotels & Resorts: Vietnamese resort and golf group operating integrated tourism complexes (FLC Grand Hotel, FLC Luxury Resort) in provincial destinations; comparable in operating integrated hotel + leisure resorts targeting domestic and regional travelers.

Regional players

• Meliá Hotels International: Spain-headquartered resort operator with growing Asia-Pacific footprint (Meliá, Sol, Paradisus brands); comparable resort-focused model targeting leisure and family travel segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ttchospitality
• LinkedInlinkedin.com/company/ttc-hospitality

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ttc Hospitality