Three new hotel complexes being built in Egypt by Palm Hills Developments (PHD) are to be run by Indian Hotels when construction is completed.
The deal will mark the first move into Egypt by the company, which is also known as Taj Hotels, Resorts and Palaces.
Construction work on the first hotel complex, which is situated on the northern coast of the country at Hacienda Bay, is set to be completed by 2013.
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