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TAJ TO DEVELOP LUXURY HOTELS IN SOUTH AFRICA (has allied with Eurocape, an investment company of South Africa, for developing hotels at Cape Town in South Africa).

India Business Insight

| July 15, 2006 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

(From India Business Insight)

Indian Hotels Company Ltd (IHCL) owns Taj Hotel Resorts. The company has partnered with Eurocape, an investment company of South Africa, for developing hotels at Cape Town in South Africa. Eurocape has developed the Rs1-billion Mandela Rhodes Place (MRP) in Cape Town. IHCL will construct a Rs300-million hotel at MRP. The first phase of …

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