Tran Group is a company based in New York City, New York with over 15 years experienced in the international hotel industry. The company has acquired, developed, managed and sold hotels throughout the Mid Atlantic area with its primary holdings residing in New York City, Baltimore and Washington DC.
The company was founded by Mr. Tran Dinh Truong (1932- 2012), who is considered as the world’s richest Vietnamese people with the value assets up to US$1.2 billion. "Where other people see a negative, we see a positive” is his famous sentence, and that reflects his business’s strategies as well as explains why Tran Group’s business has been expanding day by day.
Currently, Tran Group projects include Best Western Plus Hotel, Quality Inn Downtown Baltimore, and Delta by Marriott Hotel, in which Delta is managed by Aimbridge Hotel Management in Baltimore, MD. Tran Group has a partnership interest in 635 room Carter Hotel located in Times Square, New York. Tran Group additionally owns and manages Vien Dong Hotel, and Tri Nguyen Aquarium Island in Nha Trang City, Viet Nam. Besides, Tran Group also has commercial and residential properties that are in New York City and Washington DC.
Tran Group’s strategies include buying historic building that are used as office space and turn them into affordable hotels for business men and travelers. Now they are in the progress of turning the current hotel, which is Baltimore Hotel Plaza into Hyatt Centric.
Tran Group has been able to provide investors in the US and abroad with the returns they expect. Their successes as well as their experience has allowed them to participate in the competitive cities where they have been developing.
Henry Tran is a hotel investor and developer. In 1997, Henry came to the United State as an international student at the Baruch College, and he earned a master’s degree in business management. Henry has over 15 years of experience in the hotel industry.
He opened the first private hotel in Hanoi, Viet Nam. He takes part in Tran Group Company as an operation manager. He has been doing many projects such as Delta by Marriot Baltimore, Baltimore Plaza Hotel, Best Western Baltimore Hotel, Quality Inn Hotel, etc.
Sonny Tran is a commercial investor and developer. He has been responsible for many renovations of properties on the East Coast. In the past, Sonny has concentrated on purchasing existing properties and renovating them, which has resulted in terrific IRR’s. Some conversions he has done successfully include Delta Hotel by Marriott, 508-514 Willis Ave Bronx, New York and 850 Sligo Ave Silver Spring, MD.
Additionally, Sonny also owns more than 50 Salons & Spas, many apartments and commercial properties in New York City. Sonny’s strengths are his experience with investment analysis, strategic planning as well as vision in reorganizing structures and effect change.
Ms. Katie Dang is one of the key factors in the development of Tran Group. Katie has more than ten - year experience in hotel industry. She attended University of Maryland College and obtained a degree in Finance and Business Management. Ms. Dang ’s roles in Tran Group include managing all daily operational activities. In addition, she connects third parties with Tran Group, such as Crescent Hotel Management and Aimbridge Hotel Management. Katie has been part of the success of Tran Group; she always focuses on meeting the clients’ expectations, brand standards, budget and last but not the least, employees’ interaction. Ms. Dang also takes part in managing retail properties, commercial properties as well as restaurants and salons and spas in Tran Group Portfolio.
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