Interhome – Europe's leading provider of holiday homes and apartments – has announced further international expansion by entering into an exclusive partnership with Orascom Hotels & Development S.A.E. of Egypt. The latter is a 100% subsidiary of Orascom Development Holding AG (Orascom Development), a leading developer of fully integrated towns. From 1 March 2010 Interhome will have its own local office in the Orascom Red Sea resort of El Gouna, making Egypt the 27th country in Interhome’s portfolio of destinations. Orascom Development and Interhome are considering further cooperation in the luxury sector.